Bank of Cyprus published a statement on first nine working months this year

27.11.2014

Bank of Cyprus published report about results of financial group activity in first nine months of 2014.

For the period ending 30^th of September, 2014 financial group has a profit of 76 million euros.

Time, in which the capital was increased and also the amount of bank’s recapitalization allowed it to pass the Comprehensive Assessment of ECB, which confirms bank’s ability to work in the conditions of the tough stress scenarios.

Source: http://www.bankofcyprus.com/Documents/Investor%20Relations/Press%20Releases/ENG/FinancialResults_9M2014ENGFINAL.pdf

Expert’s opinion

How fast Cyprus economy is recovering!

Let the “bad blood” out from the financial bubbles and voila: the markets are growing all over the world.

Cypriots are confidently gaining the positions lost in 2013

Yaroslav Lomakin ( Managing Partner Honest & Bright Company Ltd)