Bank of Cyprus
From Wikipedia, the free encyclopedia
| Bank of Cyprus | |
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| Type | Public |
|---|---|
| Founded | 1899 |
| Headquarters | Stassinos Street, Strovolos, Nicosia, Cyprus |
| Industry | Finance and Insurance |
| Net income | CYP £183,000,000 (2006)[1] |
| Website | www.bankofcyprus.com |
Bank of Cyprus (CSE: BOCY ATHEX: BOC ), is a major Cypriot financial institution.
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[edit] Statistics
As of December 31, 2005, the Group's Total Assets reached C£13,22bn (€23,00bn) and the Group's Shareholders' Funds were C£818mn (€1,42bn).
The shares of the Bank are listed on the Cyprus Stock Exchange (CSE) and the Athens Stock Exchange. The Bank is the largest listed company on the CSE in terms of market capitalisation and has a well-diversified shareholder base.
The Bank of Cyprus has traded on the FTSE ATHEX 20 index from October 9, 2006.[1]
The Group currently operates through a total of 279 branches, of which 147 operate in Cyprus, 115 in Greece, six in the United Kingdom, ten in Australia and one in the Channel Islands.
[edit] Cultural Foundation
The bank also operates the "Bank of Cyprus Cultural Foundation" which it established in 1984. It claims as it's purpose to "assist in the rescue of the island’s cultural heritage, which has been pillaged or stolen by the Turkish forces from the occupied areas, and to promote the Hellenic culture of Cyprus at a professional and scholarly level".[2]
It has various collections of Cypriot artifacts, such as ancient coinage, old maps of the island, art pertaining to the island and "rare documents".
[edit] Oncology Center
The Bank also operates, in concert with the Government of Cyprus, the BOC Oncology Center. The agreement provided for the bank's giving the money to build the center on land given by the government and the appropriation of the operating budget by the government.
[edit] External links
- Bank of Cyprus Official Website.
- Bank of Cyprus Cultural Foundation Official Website
- Bank of Cyprus Oncology Center Official Website
[edit] References
- ^ "Bank of Cyprus Earnings in 2006 Balloon 153 Percent to $411 Million", Associated Press, Yahoo! Finance, February 7, 2007. Retrieved on 2007-02-08.
