MIRA INFORM REPORT

 

 

Report Date :

26.07.2012

 

IDENTIFICATION DETAILS

 

Name :

BANK OF CYPRUS PUBLIC COMPANY LIMITED

 

 

Registered Office :

51 Stasinou, Agia Paraskevi, Strovolos, 2002, Nicosia

 

 

Country :

Cyprus

 

 

Financials (as on) :

December 2011

 

 

Date of Incorporation :

31.12.1943

 

 

Com. Reg. No.:

C165

 

 

Legal Form :

Limited Company

 

 

Line of Business :

The Bank is the leading financial services organisation

 

 

No. of Employees :

6606

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

Payment Behaviour :

Slow but Correct

Litigation :

Clear

 

 

NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Cyprus

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Basic Information

 

 

 

Registered Name

BANK OF CYPRUS PUBLIC COMPANY LIMITED

English Name

BANK OF CYPRUS PUBLIC COMPANY LIMITED

Registered Address

51 Stasinou, Agia Paraskevi, Strovolos, 2002, Nicosia, Cyprus

Headquarters:

51 Stasinou, Agia Paraskevi, Strovolos, 2002, Nicosia, Cyprus

Telephone

+35722842100 / +35722881740

Fax

+35722378111

E-mail

info@cy.bankofcyprus.com

WebSite

www.bankofcyprus.com

Legal Type

Limited Company

Registration No

C165

Registration Date

31/12/1943

Last annual report

28/05/2008

Latest Annual Account Date

01/12/2011

Last return

09/02/2012

 

 

 

 

 

 

Summary

 

Employees

July 2012

 

 

 

Company

Group

 

 

 

 

Total Number

6606

12127

 

 

 

 

 

Approximately

 

Financial Summary

December 2011

December 2010

December 2009

 

EUR

EUR

EUR

Revenue Sales

2739214000.00

2630748000.00

2481561000.00

Pre Tax Profit

-1351885000.00

348514000.00

365221000.00

Working Capital

-1782129000.00

-6756100000.00

-432459000.00

Total Equity

2429079000.00

2828349000.00

2485498000.00

Long Term Debts

22815323000.00

18841556000.00

3050445000.00

Trend

-

-

-

Additional Info:

Legal Advisor: G.N. CHRYSAFINIS - Nicosia.

Please Note That: The Shareholders have been Obtained from the Annual Report of 2010 and are Valid as from 23/2/2011.

On 03/12/2010 Merger and Acquisition Plan between MORTGAGE BANK OF CYPRUS LIMITED (C174) and BANK OF CYPRUS PUBLIC COMPANY LIMITED

On 30/11/2005 Merger and Acquisition Plan between BANK OF CYPRUS (FACTORS) LIMITED (C50060) and BANK OF CYPRUS PUBLIC COMPANY LIMITED

On 30/11/2005 Merger and Acquisition Plan between ORGANISMOS CHRIMATODOTISEOS TRAPEZAS KYPROU LIMITED (C1275) and BANK OF CYPRUS PUBLIC COMPANY LIMITED

CONCESSIONS:

On 30/11/2011 354457 Shares x 3.30 EUR (Share Premium 2.30) To ABU DHABI INVESTMENT AUTHORITY ---- On 30/09/2011 1366 Shares x 4.24 EUR (Share Premium 3.24): 1338 Shares To S G HAMBROS BANK AND TRUST (GIBRALTAR) LTD – GENERAL CLIENT NON TREATY ACCOUNT, 28 Shares To GOLDMAN SACHS INTERNATIONAL SECURITIES CLEARANCE ACCOUNT ----- On 15/09/2011 31286 Shares x 3.30 EUR (Share Premium 2.30): 14963 Shares To FCP CARPIMKO EUROPE, 16323 Shares To BLUE SKY GROUP ----- On 11/11/2010 113.198.598 Shares x 3.25 EUR (Share Premium 2.25 EUR) ----- On 11/11/2010 4.889.749 Shares x 3.04 EUR (Share Premium 2.04 EUR) ----- On 22/10/2010 172.630.273 Shares x 2 EUR (Share Premium 1 EUR) ----- On 30/9/2010 4971 Shares x 9.22 EUR (Share Premium 8.22 EUR) To BANK OF CYPRUS PUBLIC COMPANY LIMITED (Conversion of Bonds into Bank of Cyprus Shares) ----- On 30/9/2010 18661 Shares x 4.82 EUR (Share Premium 3.82 EUR): 17417 Shares To BANK OF CYPRUS PUBLIC COMPANY LIMITED (Conversion of Bonds into Bank of Cyprus Shares), 1244 Shares To KLEANTHIS KLEANTHOUS ----- On 17/6/2010 6.009.613 Shares x 2.91 EUR (Share Premium 1.91 EUR) ----- On 8/12/2009 4.451.780 Shares x .4.25 EUR (Share Premium 3.25 EUR) ----- On 10/06/2009 7.082.906 Shares x 3.93 EUR (Share Premium 2.93 EUR) ----- On 09/12/2008 13.251.955 Shares x 2.71 EUR (Share Premium 1.71 EUR) ----- On 10/06/2008 7.186.618 Shares x 7.74 EUR (Share Premium 6.74 EUR) ----- On 31/12/2007 96.568.214 Shares x 0.50 CYP ----- On 31/12/2007 154.207 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 12/12/2007 3.627.865 Shares x 6.78 CYP (Share Premium 6.28 CYP) ----- On 30/11/2007 70.897 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 31/10/2007 30475 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 30/09/2007 22080 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 31/8/2007 26.851 Shares x 3.70 CYP (Share Premium 3.20 CYP) ----- On 31/8/2007 9600 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 31/7/2007 4850 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 30/6/2007 73085 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 29/6/2007 241837 Shares x 3.70 CYP (Share Premium 3.20 CYP) ----- On 26/6/2007 3770158 Shares x 6.63 CYP (Share Premium 6.13 CYP) ----- On 31/05/2007 10000 Shares x 4.32 CYP (Share Premium 3.82 CYP) ----- On 31/05/2007 59000 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 31/05/2007 743177 Shares x 3.70 CYP (Share Premium 3.20 CYP) ----- On 30/04/2007 43650 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 30/04/2007 3162241 Shares x 3.70 CYP (Share Premium 3.20 CYP) ----- On 30/04/2007 5000 Shares x 4.32 CYP (Share Premium 3.82 CYP) ----- On 31/03/2007 259688 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 28/02/2007 29112 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 31/01/2007 40163 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 31/12/2006 617170 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 11/12/2006 3127833 Shares x 5.07 CYP (Share Premium 4.57 CYP) ----- On 30/11/2006 80475 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 31/10/2006 73195 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 30/09/2006 381217 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 31/08/2006 14660 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 31/07/2006 10270 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 30/06/2006 268965 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 27/06/2006 3391194 Shares x 3.49 CYP (Share Premium 2.99 CYP) ----- On 31/05/2006 185025 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 31/03/2006 323816 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 20/12/2005 77902232 Shares x 1.40 CYP (Share Premium 0.90 CYP) ----- On 16/06/2005 2642800 Shares x 1.60 CYP (Share Premium 1.10 CYP) ----- On 30/04/2006 49700 Shares x 3.26 CYP (Share Premium 2.76 CYP) ----- On 14/11/2003 3232900 Shares x 1.25 CYP (Share Premium 0.75 CYP) ----- On 31/10/2003 22622768 Shares x 1.25 CYP (Share Premium 0.75 CYP) ----- On 27/10/2003 1289220 Shares x 1.25 CYP (Share Premium 0.75 CYP) ----- On 07/10/2003 91576 Shares x 1.25 CYP (Share Premium 0.75 CYP) ----- On 11/09/2003 28245 Shares x 1.25 CYP (Share Premium 0.75 CYP) ----- On 19/08/2003 40026 Shares x 1.25 CYP (Share Premium 0.75 CYP) ----- On 04/06/2003 8168 Shares x 1.25 CYP (Share Premium 0.75 CYP) ----- On 08/01/2003 8748 Shares x 1.25 CYP (Share Premium 0.75 CYP) ----- On 04/12/2002 42022 Shares x 1.25 CYP (Share Premium 0.75 CYP) ----- On 18/11/2002 38821 Shares x 1.25 CYP (Share Premium 0.75 CYP) ----- On 18/11/2002 3151 Shares x 1.51 CYP (Share Premium 1.01 CYP) ----- On 20/05/2002 4718961 Shares x 1.51 CYP (Share Premium 1.01 CYP) ----- On 02/05/2002 19968 Shares x 1.29 CYP (Share Premium 0.79 CYP) ----- On 02/04/2002 68392 Shares x 1.29 CYP (Share Premium 0.79 CYP) ----- On 01/02/2002 195995 Shares x 1.29 CYP (Share Premium 0.79 CYP) ----- On 03/12/2001 29934 Shares x 1.29 CYP (Share Premium 0.79 CYP) ----- On 27/09/2001 1362 Shares x 1.29 CYP (Share Premium 0.79 CYP) ----- On 04/07/2001 24029 Shares x 1.29 CYP (Share Premium 0.79 CYP) ----- On 27/04/2001 2551 Shares x 1.29 CYP (Share Premium 0.79 CYP) ----- On 07/03/2001 9299 Shares x 1.29 CYP (Share Premium 0.79 CYP) ----- On 26/01/2001 35539 Shares x 1.29 CYP (Share Premium 0.79 CYP) ----- On 14/12/2000 72043908 Shares x 0.50 CYP ----- On 07/12/2000 98956 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 16/10/2000 13450 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 30/05/2000 43343 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 26/10/2000 39000000 Shares x 5.23 CYP (Share Premium 4.73 CYP) ----- On 05/08/1999 26935038 Shares x 0.50 CYP ----- On 29/09/2000 21559 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 28/08/2000 11499 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 14/07/2000 6145 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 18/05/2000 27191 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 25/01/2000 57099 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 11/02/2000 1628030 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 25/01/2000 60921 Shares x 1.25 CYP (Share Premium 0.75 CYP) ----- On 09/02/2000 51506 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 13/11/1999 148515 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 10/11/1999 29614213 Shares x 1.25 CYP (Share Premium 0.75 CYP) ----- On 30/06/2000 16482 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 07/04/2000 62458 Shares x 1.25 CYP (Share Premium 0.75 CYP) ----- On 07/04/2000 967 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 06/04/2000 6198 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 27/03/2000 14933 Shares x 1.25 CYP (Share Premium 0.75 CYP) ----- On 23/03/2000 14964 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 08/12/1999 31151 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 07/12/1999 65928 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 30/11/1999 3225966 Shares x 1.25 CYP (Share Premium 0.75 CYP) ----- On 30/11/1999 47926 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 24/11/1999 103443 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 10/11/1999 6663583 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 01/11/1999 51612 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 21/10/1999 53101 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 01/03/2000 19941 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 24/02/2000 102316 Shares x 1.25 CYP (Share Premium 0.75 CYP) ----- On 07/01/2000 41717 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 31/12/1999 1540029 Shares x 1.25 CYP (Share Premium 0.75 CYP) ----- On 29/12/1999 106864 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 23/08/1999 154496 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 25/09/1999 172926 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 26/09/1999 548 Shares x 1.55 CYP (Share Premium 1.05 CYP) ----- On 04/03/1999 13000000 Shares x 1 CYP ----- On 06/11/1997 12000000 Shares x 1 CYP ----- On 07/08/1997 26000000 Shares x 1 CYP ----- On 07/12/1995 6000000 Shares x 1 CYP ----- On 29/12/1993 8000000 Shares x 1 CYP ----- On 03/12/1992 10000000 Shares x 1 CYP ----- On 02/07/1992 10000000 Shares x 1 CYP ----- On 21/05/1991 2000000 Shares x 1 CYP ----- On 05/03/1991 5000000 Shares x 1 CYP ----- On 30/06/1990 7500000 Shares x 1 CYP ----- On 07/06/1990 2500000 Shares x 1 CYP ----- On 02/11/1989 1000000 Shares x 1 CYP ----- On 07/03/1989 3000000 Shares x 1 CYP ----- On 06/12/1988 5000000 Shares x 1 CYP ----- On 12/09/1987 1000000 Shares x 1 CYP ----- On 23/06/1987 2000000 Shares x 1 CYP ----- On 12/02/1987 2000000 Shares x 1 CYP ----- On 19/12/1985 1000000 Shares x 1 CYP ----- On 16/11/1984 2000000 Shares x 1 CYP ----- On 17/11/1973 3000000 Shares x 1 CYP ----- On 05/11/1970 19302 Shares x 1 CYP ----- On 20/08/1970 730698 Shares x 1 CYP ----- On 23/10/1969 12021 Shares x 1 CYP ----- On 03/10/1969 656 Shares x 1 CYP ----- On 29/08/1969 487934 Shares x 1 CYP ----- On 03/04/1969 249389 Shares x 1 CYP ----- On 01/07/1967 250000 Shares x 1 CYP ----- On 20/04/1967 250000 Shares x 1 CYP ----- On 13/07/1966 5996 Shares x 1 CYP ----- On 01/03/1966 244004 Shares x 1 CYP ----- On 14/01/1966 250000 Shares x 1 CYP ----- On 30/12/1958 11780 Shares x 1 CYP ----- On 30/12/1958 2392 Shares x 1 CYP ----- On 10/10/1958 2377 Shares x 1 CYP ----- On 26/07/1958 10643 Shares x 1 CYP ----- On 16/04/1953 8876 Shares x 1 CYP ----- On 30/09/1948 500 Shares x 1 CYP ----- On 22/07/1948 1066 Shares x 1 CYP ----- On 02/04/1948 38164 Shares x 1 CYP ----- On 21/06/1947 48434 Shares x 1 CYP ----- On 30/11/1946 75473 Shares x 1 CYP ----- On 13/04/1946 1000000 Shares x 1 CYP ----- On 22/03/1945 275487 Shares x 1 CYP ----- On 30/05/1944 255406 Shares x 1 CYP ----- On 19/07/1944 20081 Shares x 1 CYP ----- On 04/05/1944 255406 Shares x 1 CYP

 

 

 

Payment

 

 

 

 

 

 

Assessment:

High Risk

Payment Habits:

NO COMPLAINTS

A check against all available information sources revealed that no late payment incidents against Subject Company exist.

 

Commercial morality

Good

 

 

Financial strength

Bad

 

 

 

 

 

 

 

Business History

 

 

 

 

 

 

 

Date

Event Name

Old Value

New Value

23/03/2011

Authorised Capital Increased

1100000000.00 EUR

1500000000.00 EUR

23/03/2011

Shares number changed

0

894948207

23/03/2011

Paid Up Capital Increased

0.00 EUR

894948207.00 EUR

23/03/2011

Issued Capital Changed

0.00 EUR

0.00 CYP

23/03/2011

Foreign Capital Changed

0.00 EUR

0.00 CYP

23/03/2011

Nominal number of shares Changed

1100000000

1500000000

23/03/2011

Partnership Capital Changed

0.00 EUR

0.00 CYP

23/03/2011

Declared Capital Changed

0.00 EUR

0.00 CYP

19/04/2000

Authorised Capital Increased

200000000.00 CYP

300000000.00 CYP

19/04/2000

Nominal number of shares Changed

400000000

600000000

09/09/1997

Authorised Capital Increased

100000000.00 CYP

150000000.00 CYP

09/09/1997

Nominal number of shares Changed

100000000

150000000

25/06/1990

Authorised Capital Increased

30000000.00 CYP

50000000.00 CYP

25/06/1990

Nominal number of shares Changed

30000000

50000000

22/12/1986

Authorised Capital Increased

10000000.00 CYP

20000000.00 CYP

22/12/1986

Nominal number of shares Changed

10000000

20000000

23/05/1973

Authorised Capital Increased

5000000.00 CYP

6000000.00 CYP

23/05/1973

Nominal number of shares Changed

5000000

6000000

12/01/1966

Authorised Capital Increased

1000000.00 CYP

3000000.00 CYP

12/01/1966

Nominal number of shares Changed

1000000

3000000

31/12/1943

Change of name

BANK OF CYPRUS LIMITED

BANK OF CYPRUS PUBLIC COMPANY LIMITED

 

 

 

 

 

 

 

Previous Locations

 

 

 

 

 

Registered

From:

To:

51, Stasinou, Agia Paraskevi, Strovolos, Nicosia, Cyprus,

29/07/1993

13/03/1995

Phaneromeni Street, Nicosia, Cyprus,

31/12/1943

29/07/1993

 

         Capital

 

 

 

 

Authorized Capital

3,000,000,000.00

EUR

Issued Capital

0.00

EUR

Nominal No Of Shares

3,000,000,000.00

 

Issued No Of Shares

895,335,316.00

 

Nominal value

1.00

EUR

Paid Up

895,335,316.00

EUR

 

 

 

 

 

 

 

 

 

 

 

Corporate Structure

 

 

 

 

 

Directors

Position

ActsAs

ID

Occupation

Age

Appointed

Other dir.

 

 

 

KYPRI GIANNIS

 

Managing Director

 

442491(ID)

General Director

61

09/11/2006

Yes

 

34A Amfitritis, Olympia Court, Apt. 201, Strovolos, 2000, Nicosia, Cyprus

 

Other Directorship:

 

 

 

Name

 

Registration Date

RegNo

Status

Position

Update Date

 

DINERS CLUB (CYPRUS) LIMITED

 

28/02/1980

C13661

Registered and operational

Director

24/05/2011

 

TEFKROS EPENDYSEIS LIMITED

 

20/04/2000

C110850

Registered and operational

Director

22/11/2010

 

BOC VENTURES LIMITED

 

25/02/2000

C109349

Registered and operational

Director

17/11/2010

 

BOC RUSSIA (HOLDINGS) LIMITED

 

17/06/1974

C6824

Registered and operational

Director

14/08/2008

 

 

 

 

 

Other Shareholding:

 

No Information Found

 

 

 

 

 

 

 

 

 

 

SYMEON MATSIS

 

Member of the Board of Directors

 

(-)

 

 

24/05/2012

No

 

 

 

Other Directorship:

 

No Information Found

 

 

 

 

 

 

 

 

 

Other Shareholding:

 

No Information Found

 

 

 

 

 

 

 

 

 

 

NEOCLEOUS ELIAS

 

Director

 

678006(ID)

Lawyer

44

09/02/2012

Yes

 

195 Archiepiskopou Makariou C' Avenue, Neocleous House, Limassol, 3030, Cyprus

 

Other Directorship:

 

 

 

Name

 

Registration Date

RegNo

Status

Position

Update Date

 

MERCO NOMINEES LIMITED

 

22/12/2003

C144214

Registered and operational

Director

23/07/2012

 

MONTRAGO NOMINEES LIMITED

 

18/12/2003

C144128

Registered and operational

Director

23/07/2012

 

MONTRAGO SERVICES LIMITED

 

18/11/1992

C52239

Registered and operational

Director

23/07/2012

 

NKB INVESTMENTS LIMITED

 

27/06/1996

C79891

Registered and operational

Director

23/05/2012

 

THALASSA HOLDINGS LIMITED

 

03/05/2007

O2254

Registered and operational

Director

08/05/2012

 

MHWH LIMITED

 

28/03/2006

C174328

Registered and operational

Director

12/04/2012

 

MERCO SERVICES LIMITED

 

25/10/1982

C18440

Registered and operational

Director

24/10/2011

 

BANAUDI HOLDING LIMITED

 

27/04/2010

C266579

Registered and operational

Director

24/06/2011

 

BOLTON TRUSTEES LIMITED

 

18/12/2003

C144130

Registered and operational

Director

06/06/2011

 

ITERA NET LIMITED

 

23/03/1999

C100969

Registered and operational

Director

03/06/2011

 

Note: In order to view a full list please order a directorhsip report.

 

 

 

Other Shareholding:

 

 

 

Name

 

Registration Date

RegNo

Status

%

Update Date

 

A. NEOCLEOUS HOLDINGS LIMITED

 

18/08/1992

C50646

Registered and operational

25

09/04/2010

 

ANDREAS NEOCLEOUS & CO LLC

 

31/12/2007

C220007

Registered and operational

9.56522

16/12/2010

 

RONDONIA ESTATES LIMITED

 

18/10/2000

C115429

Registered and operational

5

05/01/2009

 

 

 

 

 

 

MOUSKIS CHRISTOS

 

Director

 

616299(ID)

Managing Director

48

06/02/2003

Yes

 

21 Aisopou, Agios Tychonas, Limassol, 4521, Cyprus

 

Other Directorship:

 

 

 

Name

 

Registration Date

RegNo

Status

Position

Update Date

 

EMPAL ALOUMINIA (LEFKOSIA) LIMITED

 

10/10/1989

C37573

Registered and operational

Director

26/06/2012

 

G.M.  LATOUR (ALAMINOS) LIMITED

 

11/09/1995

C73628

Registered and operational

Director

26/06/2012

 

MUSKITA REALTY LIMITED

 

11/09/1995

C73629

Registered and operational

Director

26/06/2012

 

EUROLIFE PROPERTIES LIMITED

 

02/10/2003

C141679

Registered and operational

Director

25/04/2012

 

Q.L.S. QUALITY LAUNDRY SERVICES LIMITED

 

29/03/2008

C226476

Registered and operational

Director

23/11/2011

 

MUSKITA INVESTMENTS LIMITED

 

09/01/1976

C7680

Registered and operational

Director

09/04/2011

 

LIMASSOL BRANDING LIMITED

 

24/03/2011

C284073

Registered and operational

Director

08/04/2011

 

SYNDESMOS TOURISTIKON EPICHEIRISEON KYPROU (STEK)

 

26/06/1997

C86989

Registered and operational

Director

21/02/2011

 

RAWLTON HOLDINGS LTD

 

25/01/2008

C220499

Registered and operational

Director

02/02/2011

 

LEDRA ESTATE LIMITED

 

20/11/1953

C572

Registered and operational

Director

20/01/2011

 

Note: In order to view a full list please order a directorhsip report.

 

 

 

Other Shareholding:

 

 

 

Name

 

Registration Date

RegNo

Status

%

Update Date

 

C.M. LEISURE CONSULTANCY SERVICES LIMITED

 

28/06/2002

C131362

Registered and operational

100

03/11/2011

 

RAWLTON HOLDINGS LTD

 

25/01/2008

C220499

Registered and operational

100

02/02/2011

 

MUSKITA HOTELS LIMITED

 

27/12/1978

C11882

Registered and operational

43.35

01/12/2011

 

MUSKITA HOLDINGS LIMITED

 

31/12/1975

C7661

Registered and operational

26.63467

30/04/2009

 

POSITANO HOLDINGS LIMITED

 

15/11/1999

C106417

Registered and operational

24

03/11/2010

 

MUSKITA INVESTMENTS LIMITED

 

09/01/1976

C7680

Registered and operational

11.84811

06/04/2009

 

COSTAS LIVERDOS SUCCESSORS HOTELIERS LIMITED

 

03/11/1990

C41855

Registered and operational

1

17/01/2012

 

 

 

 

 

 

GEORGIADES GIORGOS

 

Director

 

152776(ID)

Managing Director

66

07/02/2002

Yes

 

2 Olympiou Dios, & Mykinon, Kalogiroi, Limassol, 3016, Cyprus

 

Other Directorship:

 

 

 

Name

 

Registration Date

RegNo

Status

Position

Update Date

 

KYPRIAKON EMPORIKON KAI VIOMICHANIKON EPIMELITIRION

 

29/04/1927

C19

Registered and operational

Director

04/05/2012

 

LEDRA ESTATE LIMITED

 

20/11/1953

C572

Registered and operational

Director

23/02/2012

 

GENIKES ASFALEIES KYPROU LIMITED

 

19/12/1973

C6188

Registered and operational

Director

14/02/2012

 

CYPRUS LIMNI RESORTS AND GOLFCOURSES PLC

 

03/08/1940

C137

Registered and operational

Director

02/12/2011

 

EMPORIKON KAI VIOMICHANIKON EPIMELITIRION LEMESOU

 

25/01/1952

C503

Registered and operational

Director

26/07/2010

 

MORTGAGE BANK OF CYPRUS LIMITED

*

26/05/1944

C174

Dissolved due to merger

Director

18/06/2010

 

 

 

 

 

Other Shareholding:

 

No Information Found

 

 

 

 

 

 

 

 

 

 

KARAMANOU IRINI

 

Director

 

688202(ID)

Academic

44

08/04/2011

No

 

10 Grigori Afxentiou, Aglantzia, 2108, Nicosia, Cyprus

 

Other Directorship:

 

No Information Found

 

 

 

 

 

 

 

 

 

Other Shareholding:

 

No Information Found

 

 

 

 

 

 

 

 

 

 

PECHLIVANIDIS IOANNIS

 

Director

 

P535455(ID)

Economist / Bank Employee

59

15/04/2010

No

 

28 Aristotelous, Dionysos, Athina, 14576, Greece

 

Other Directorship:

 

No Information Found

 

 

 

 

 

 

 

 

 

Other Shareholding:

 

No Information Found

 

 

 

 

 

 

 

 

 

 

KONSTANTINIDIS STAVROS

 

Director

 

F070356(ID)

Businessman

56

10/06/2010

Yes

 

63, Andrea Papandreou, Glyfada, Athina, 16561, Greece

 

Other Directorship:

 

 

 

Name

 

Registration Date

RegNo

Status

Position

Update Date

 

SPACELAND LIMITED

 

06/05/2007

C198516

Registered and operational

Director

07/03/2008

 

 

 

 

 

Other Shareholding:

 

 

 

Name

 

Registration Date

RegNo

Status

%

Update Date

 

SPACELAND LIMITED

 

06/05/2007

C198516

Registered and operational

30

24/09/2008

 

 

 

 

 

 

XENOFONTOS EVDOKIMOS

 

Director

 

90355(ID)

Consultant

74

10/03/1998

Yes

 

3 Kalamatas, Agia Paraskevi, Nicosia, 2002, Cyprus

 

Other Directorship:

 

 

 

Name

 

Registration Date

RegNo

Status

Position

Update Date

 

JCC PAYMENT SYSTEMS LIMITED

 

24/06/1987

C29914

Registered and operational

Director

09/09/2010

 

THE CYPRUS ANTI-CANCER SOCIETY LIMITED

 

02/12/1971

C3951

Registered and operational

Director

29/03/2010

 

KARMAZI INDUSTRIES LIMITED

*

29/12/1977

C10488

Dissolved

Director

23/04/2009

 

 

 

 

 

Other Shareholding:

 

No Information Found

 

 

 

 

 

 

 

 

 

 

SEVERIS Z. KOSTAS

 

Director

 

425447(ID)

Director

63

05/03/1991

Yes

 

9 Archiepiskopou Makariou C' Avenue, Nicosia, 1065, Cyprus

 

Other Directorship:

 

 

 

Name

 

Registration Date

RegNo

Status

Position

Update Date

 

SEVERIS BROTHERS LIMITED

 

13/05/1976

C7986

Registered and operational

Director

12/07/2012

 

ITTL TRADE TOURIST & LEISURE PARK PLC

 

27/11/1971

C3941

Registered and operational

Director

06/07/2012

 

C. & R. SEVERIS ESTATES LIMITED

 

07/08/1978

C11338

Registered and operational

Director / Secretary

11/05/2012

 

EUROLIFE PROPERTIES LIMITED

 

02/10/2003

C141679

Registered and operational

Director

25/04/2012

 

AKINITA A. Z. S. LIMITED

 

10/08/1966

C1607

Registered and operational

Director

28/03/2012

 

CYPRUS TRADING CORPORATION PLC

 

11/02/1977

C8958

Registered and operational

Director

22/02/2012

 

IDRYMA KOSTA KAI RITAS SEVERI

 

30/09/1999

C105264

Registered and operational

Director

20/06/2011

 

D. SEVERIS & SONS (INSURANCE AGENCY) LTD

 

08/07/1941

C141

Registered and operational

Director

21/04/2011

 

EUROLIFE LIMITED

 

05/06/1989

C36247

Registered and operational

Director

29/11/2010

 

THE CYPRUS INVESTMENT AND SECURITIES CORPORATION LIMITED

 

19/11/1982

C18558

Registered and operational

Director

17/11/2010

 

Note: In order to view a full list please order a directorhsip report.

 

 

 

Other Shareholding:

 

 

 

Name

 

Registration Date

RegNo

Status

%

Update Date

 

D. SEVERIS & SONS (INSURANCE AGENCY) LTD

 

08/07/1941

C141

Registered and operational

70

25/01/2008

 

SEVERIS BROTHERS LIMITED

 

13/05/1976

C7986

Registered and operational

70

12/07/2012

 

IDRYMA KOSTA KAI RITAS SEVERI

 

30/09/1999

C105264

Registered and operational

50

20/06/2011

 

AKINITA A. Z. S. LIMITED

 

10/08/1966

C1607

Registered and operational

49.5

28/03/2012

 

Z. & A. SEVERIS (ESTATE)  LIMITED

 

13/04/1959

C851

Registered and operational

34.174

25/01/2008

 

C &  R  INVESTMENTS LIMITED

 

28/03/1980

C13822

Registered and operational

26.202

09/02/2009

 

ETAIREIA AKINITON ONASAGORAS LIMITED

 

23/10/1965

C1440

Registered and operational

25

11/06/2008

 

C. & R. SEVERIS ESTATES LIMITED

 

07/08/1978

C11338

Registered and operational

10

11/05/2012

 

EKDOTIKOS OIKOS DIAS DIMOSIA LIMITED

*

11/12/1975

C7614

Registered and operational

0.35273

31/12/2008

 

ANTIGONE SEVERIS HOLDINGS LIMITED

 

02/10/1997

C89326

Registered and operational

0.29762

11/06/2009

 

 

 

 

Note: In order to view a full list please order a directorhsip report.

 

 

 

 

Secretary

Position

ActsAs

ID

Occupation

Age

Appointed

Other dir.

 

 

 

KYPRI GIANNIS

 

Company Secretary

 

442491(ID)

General Director

61

01/06/1982

Yes

 

34A Amfitritis, Olymbia Court, 2nd Floor, Apt. 202, Strovolos, 2000, Nicosia, Cyprus

 

Other Directorship:

 

 

 

Name

 

Registration Date

RegNo

Status

Position

Update Date

 

DINERS CLUB (CYPRUS) LIMITED

 

28/02/1980

C13661

Registered and operational

Director

24/05/2011

 

TEFKROS EPENDYSEIS LIMITED

 

20/04/2000

C110850

Registered and operational

Director

22/11/2010

 

BOC VENTURES LIMITED

 

25/02/2000

C109349

Registered and operational

Director

17/11/2010

 

BOC RUSSIA (HOLDINGS) LIMITED

 

17/06/1974

C6824

Registered and operational

Director

14/08/2008

 

 

 

 

 

Other Shareholding:

 

No Information Found

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shareholders

ID / Reg. No.

ActsAs

Nationality

Shares

%

Shares Breakdown

Class

Type

 

 

 

OTHERS (C165)

 

 

 

-

806697119

90.10000

-

-

-

 

 

 

 

Other Directorship:

 

No Information Found

 

 

 

 

 

 

 

 

 

Other Shareholding:

 

No Information Found

 

 

 

 

 

 

 

 

 

 

ODELLA RESOURCES LIMITED

 

C274497

 

-

88638197

9.90000

-

-

-

 

 

 

 

Other Directorship:

 

No Information Found

 

 

 

 

 

 

 

 

 

Other Shareholding:

 

No Information Found

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operation

 

Activity Code

Description

NACE 2.1

6419

Other monetary intermediation - This class includes the receiving of deposits and/or close substitutes for deposits and extending of credit or lending funds. The granting of credit can take a variety of forms, such as loans, mortgages, credit cards etc. These activities are generally carried out by monetary institutions other than central banks, such as: - banks - savings banks - credit unions - This class also includes: - postal giro and postal savings bank activities - credit granting for house purchase by specialised deposit-taking institutions - money order activities - This class excludes: - credit granting for house purchase by specialised non-depository institutions, see 64.92 - credit card transaction processing and settlement activities, see 66.19

 

 

 

 

 

 

 

 

 

 

 

 

Line of Business

The Bank of Cyprus Public Company Limited was founded in 1899 and is the holding company of the Bank of Cyprus Group. The Bank is the leading financial services organisation in Cyprus, with a dynamic presence in Greece and Russia and operations in the United Kingdom, Australia, Romania and Ukraine. The Bank operates 143 branches in Cyprus.

The subject is the largest commercial bank in Cyprus. It offers a comprehensive range of banking and other financial services to the retail and the corporate sector, the government, public institutions, etc. The Bank has 143 service outlets throughout Cyprus and maintains a correspondent relationship with more than 2 300 banks including most of the major international banking institutions. As regards its operations abroad, Bank of Cyprus has been operating in Greece since 1991, when its first branch was established. Gradually, the Bank spread throughout most of the country where it now provides a wide range of banking services through its 140 branches. Furthermore, it operates Representative Offices in Canada, South Africa and Russia. In 1955, the Bank established its first branch in London which now operates five branches. In 1997 the Bank expanded its operations in Romania and now operates four branches.


The Group offers a wide range of financial products and services, which include banking services in Cyprus, Greece, United Kingdom, Australia, Romania, Russia, Ukraine and Channel Islands, finance, leasing, factoring, brokerage, fund management, investment banking, general and life insurance services in Cyprus and Greece.

In Greece the Bank has been operating in Greece since 1991. The dynamic expansion of the Bank's Greek operations started in 1999. In UK the Bank of Cyprus has been operating for more than 50 years and during that time it has established itself as a refreshing alternative to the mainstream clearing banks. The Group's international activities were further enhanced in 2000 with the operation of a wholly owned subsidiary bank in Australia. In March 2007, the Bank expanded its operations in Romania with the provision of leasing services. In August 2007, the Bank expanded its operations in Russia and is the first Greek or Cypriot banking institution to enter the Russian market. In October 2008, the Bank successfully completed the acquisition of an 80% interest in Uniastrum Bank in Russia. Founded in 1994 and headquartered in Moscow Uniastrum Bank has the 9th largest distribution network in Russia, consisting of over 210 outlets. In May 2008, the Bank acquired 97.2% of the share capital of the Ukrainian bank AvtoZAZBank and provides banking services in Ukraine.

The Bank operates 143 branches in Cyprus.

Nicosia Major Locations:

0101 - Head Office - 51, Stassinos Str, Ayia Paraskevi,, 2002 Strovolos Tel. 22842100, Fax 22378111
0104 - Bank Card Centre - 97, Kyrenia Ave,Platy, 2114 Aglanjia Tel.: 22847700 Fax 22340283
0106 - Dasoupolis - 154e Athalassa Ave, 2024 Dasoupolis Tel. 22847950, Fax: 22423163
0107 - Aglantjia - 76a, Larnaca Ave, , 2102 Aglanjia Tel.:22473345, Fax: 22332191
0108 - Evrou Str. - Eurolife House, 6, Evrou Str., 2003 Strovolos, Nicosia Tel. 22791100 Fax 22332172
0109 - Latsia - 1 El.Venizelos Str, 2335 Latsia Tel. 22482134, Fax 22487928
0110 - Nicosia Main Branch - 86-88-90 Phaneromeni Str, 1011 Nicosia Tel. 22848100 Fax 22663633
0111 - Metochiou Kykkou - Corner Ayios Procopios&1 Posidonas Str,, 2406, Engomi Tel. 22881900 Fax 22777493
0112 - Stassinou- 48,Stassinos Ave, 1060 Nicosia Tel. 22848300, Fax 22343988
0113 - Arch.Makariou - 29-29a, Arch.Makarios Ave, 1065 Nicosia Tel. 22847100 Fax 22755987
0114 - Navarinou - 9a, Navarino Ave, , 1100 Ay.Dhometios Tel. 22473316, Fax 22771600
0115 - Kantaras - 4a,Kantara Ave,, 1041 Kaimakli Tel. 22847200 Fax 22431966
0116 - Hilton - Hilton Hotel, 1077 Nicosia Tel.: 22377961, Fax: 22376464
0117 - Stavrou - 28,Stavros Ave,, 2035 Strovolos Tel. 22881400 Fax 22318908
0118 - Dem. Severi - Corner Demosthenis Severis & Gr. Digeni Ave, 1080 Nicosia
Tel. 22666266 Fax 22668249
0119 - Dali - 19d Arch.Makarios Str, 2549 Dali Tel. 22521311 Fax 22524742
0120 - Diagorou - 4a,Diagoras Str, 1097 Nicosia Tel. 22475600 Fax 22666202
0121 - Kakopetria - 41a Arch Makarios Str, 2800 Kakopetria Tel. 22922525, Fax 22923541
0123 - Eleftheria Square - 1, C.Paleologos Ave, 1011 Eleftheria Square Tel. 22475750 Fax 22667040
0124 - Kyr. Matsis - 50,Kyr. Matsis Ave,, 2368 Ay.Dhometios Tel. 22777875, Fax 22779103
0125 - Acropolis - 71,Acropolis Ave,Acropolis, 2012 Nicosia Tel. 22791150, Fax 22314515
0126 - Pallouriotissa - 35d, Marcos Drakos Str,, 1040 Pallouriotissa Tel. 22436161 Fax 22349152
0127 - Strovolou - 116, Strovolos Ave,, 2042 Strovolos Tel. 22881450, Fax 22316912
0128 - Spyrou Kyprianou - 21,Spyrou Kyprianou Ave, 1075 Nicosia Tel. 22847500 Fax 22750590
0129 - Paliometocho - 17a, Demokratia Ave, 2682 Paliometocho Tel. 22832118, Fax 22834400
0130 - Evagorou - 21,Evagoras A' Ave, 1066 Nicosia Tel. 22848800 Fax 22675745
0131 - Supermarket Athienitis - 26,John Kennedy Ave, 1046 Nicosia Tel. 22346858 Fax
0134 - Tseri - 14-16, Theodosi Pieride, 2480 Tseri Tel. 22381565, Fax 22370869
0136 - Prodromou - 105z,Prodromos Ave, 2063 Strovolos Tel. 22665225, Fax 22661526
0137 - Akaki - 53a, Arch.Makarios Iii Str, 2720 Akaki Tel. 22821120, Fax 22823495
0138 - Gr.Afxentiou - 163 Gr.Afxentiou Str, 2369 Ay.Dhometios Tel. 22771082 Fax 22776296
0139 - Peristeron - 5 Eleftheria Square, 2731 Peristerona Tel. 22821400, Fax 22823700
0140 - Makedonitissa - 8α ,28th October Ave, Makedonitissa, 2414 Egkomh Tel. 22791330 Fax 22355135
0141 - Agros - 43, Agros Ave., 4860 Agros Tel. 25521616 Fax 25522133
0143- Nicosia Commercial Operations Centre - 10, Kyriacou Matsi Str, Liliana Court , Swift 1082 Nicosia Tel. 22317277 Fax 22317496
0144 - Yeriou - 17, Yeri Avenue, 2200, , 2220 Yeri Tel. 22482929, Fax 22488744
0145 - Palechori - 5a, Eleftheria Str., 2740 Palechori Tel. 22642292, Fax: 22642979
0146 - Lythrodontas - 8,Gr.Digenis Str, 2565 Lythrodontas Tel. 22542255, Fax: 22543000
0147 - Deftera - 16b, Arch.Makarios Iii Ave,, 2460 Pano Deftera Tel. 22621990 Fax 22623566
0148 - Kato Lakatamia - 18,Arch. Makarios Iii Ave., 2324 Kato Lakatamia Tel. 22321190 Fax 22321005
0149 - Anthoupoli - 99,Ay.Georgios Ave,, 2304 Anthoupoli Tel. 22385000, Fax 22370354
0150 - Ayios Pavlos - 2,Rizokarpaso Str,, 1107 Ay.Pavlos Tel. 22781261, Fax 22772992
0152 - Evrychou - 51, Arch.Makarios Iii Str, 2831 Evrychou Tel.: 22933070, Fax 22933150
0153 - Ay. Varvara - 15, Macheras Ave, Ay. Varvara Tel. 22524500, Fax: 22524786
0154 - Ayios Eleftherios - 54,Democratia Ave, 2222 Latsia Tel. 22481670 , Fax : 22487617
0155 - International Business Unit - 28, Michalakopoulou, Ayioi Omoloyitae, 1075 Nicosia Tel. 22475000 Fax 22678612
0158 - Iosif Chr. H''iosif Ave - 35, Iosif Chr. H''iosif Ave,, 2027 Strovolos
Tel. 22423630 Fax 22428373
0159 - Pera Chorio Nissou - 6,Arch.Makarios Iii Str, 2572 Pera Chorio Nissou
Tel. 22524766 Fax 22524998
0160 - Guard Center - 254,Strovolos Ave,Guard Centre,, 2048 Strovolos Tel. 22322522 Fax 22320178
0161 - Democratias Av. - 60, Democratia Ave,, 2034 Strovolos Tel. 22315221, Fax 22316864
0162 - Xenios Court - 62,Arch,Makarios Iii Ave,Xenios Court, 1076 Nicosia Tel. 22374861 Fax 22374677
0163 - Tseriou Av. - 138,Tseri Ave,, 2045 Strovolos Tel. 22329876, Fax 22329877
0164 - Lykavitos Ave - 47,Lykavitos Ave,, 2401 Macedonitissa Tel. 22356797, Fax 22358173
0166 - Athalassas Ave - 23,Athalassa Ave, 2012 Strovolos Tel.: 22426532, Fax 22314522
0167 - Kyperounta, Limassol, Tel.: 25532111, Fax: 25532111
0168 - Pedoulas, 2850 Tel.: 22952324, Fax: 22952324
0169 - Prodromos, Limassol Tel. 25462044 Fax 25462044
0173 - Ay.Antonios - 58k, Digenis Akritas Ave,, 1061 Ay.Antonios Tel.: 22847550 Fax: 22757855
0174 - Ay.Omoloyitae - 12,Kyr. Matsis Ave,Ay.Omoloyitae, 1082 Nicosia Tel.: 22475400, Fax: 22318375
0175 - Kennedy Av. - 67, Kennedy Ave, 1076 Nicosia Tel.: 22429225, Fax: 22425810
0177 - Pano Lakatamia - 179 B, Arch.Makarios Iii Ave, 2311 Pano Lakatamia Tel. 22388265 Fax 22370449
0178 - Astromeritis - Arch Makarios Iii Ave 62c&D, 2722 Astromeritis Tel. 22821211 Fax 22823600
0179 - Kokkinotrimithia - 1a,Gr.Afxentiou Ave, 2660 Kokkinotrimithia Tel. 22832101, Fax 22834410
0180 - Regional Management Branch Network Nicosia - 6, Evrou Str, Markides Bld, 2003 Strovolos Tel. 22847800 Fax 22336365
0181 - Corporate Banking Centre N/Sia 1 - 6, Evrou Str, Markides Bld, 2003, Strovolos Tel. 22847913 Fax 22336367
0182 - Corporate Banking Centre N/Sia 2 - 6, Evrou Str, Markides Bld, 2003, Strovolos Tel. 22847920 Fax 22336367
0186 - Platy Aglantzias - 97,Kyrenia Ave,Platy,, 2114 Aglanjia Tel.:22473250 Fax 22331496
0195 - Direct Banking - 97,Kyrenia Ave,Platy,, 2114 Aglanjia Tel.:80000800, Fax 22337090
0198 - Corporate Service Centre Nicosia - 6, Evrou Str, Markides Bld, 2003, Strovolos Tel. 22842100 Fax 22847922
0199 - Corporate Banking Centre N/Sia 3 - 6, Evrou Str, Markides Bld, 2003, Strovolos Tel. 22847884 Fax 22336402
0282 - Private Banking - 4, Evrou Street, Eurolife House, 2003 Strovolos Tel. 22881881 Fax 22340015

Famagusta Major Locations:

0402 - Pernera, Paralimni Tel. 23831377
0403 - Sunrise, Paralimni Tel. 23832696
0444 - Paralimini Main Branch - 124, 1st April Ave, 5280 Paralimini Tel. 23843100 Fax 23825103
0449 - Ayia Napa Main Branch - Ayia Napa -Main Branch-21 Yiannakis Pappoulis Str,
Tel. 23843300 Fax 23721013
0452 – Limanaki - 45, Arch Makarios Iii Ave, Limanaki, 5330 Ayia Napa Tel. 23723553 Fax 23723557
0454 – Frenaros - 2, Photis Pittas Str, 5350 Frenaros Tel. 23822770 Fax 23828027
0455 – Derynia - 14, Eleftherias , 5380 Derynia Tel. 23823770 Fax 23821780
0456 - Arch. Makariou - 6, Arch. Makarios Iii Ave, 5280 Paralimini Tel. 23826343 Fax 23730440
0481 - Corporate Banking Centre Famagusta 1 - 124, 1st April Ave, 5280 Paralimini
Tel. 23843250 Fax 23825103
0485 - Sotera Branch - 1,Demokratias Str, , 5390 Sotera Tel. 23821688 Fax 23828365
0487 – Liopetri - 4a, Gr.Digenis Ave, 5320 Liopetri Tel. 23942157 Fax 23942868
0492 – Avgorou - 85, Karios Ave. 5510 Avgorou Tel. 23922164 Fax 23922630

Laranaca Major Locations:

0503 – Carpasiana - Larnaca -Dekelia Road-Carpasiana Hotel Area, 7041 Larnaca. Tel. 24644482, Fax: 24645771
0550 - Larnaca Main Branch - 25,King Paul A' Square, Tel. 24844100, Fax: 24653900
0551 – Athienou - 1 Arch.Makarios Iii Ave, 7600 Athienou Tel.:24522311, Fax: 24523370
0552 – Aradippou - 1 Arch Makarios Iii Ave, 7100 Aradippou. Tel.:24531389, Fax: 24532488
0553 – Faneromenis - 115 Faneromenis Ave, Antouanella's Bldg , 6031 Larnaka Tel. 24652700, Fax: 24652701
0554 - Makariou - 45, Arch Makarios Iii Ave, , 6017 Larnaka. Tel.:24844900 ,Fax 24620769
0555 - Xylophago 1 Hyppocrates Str, 7520 Xylophagou. Tel.: 24725481, Fax 24726040
0556 - Gr Afxentiou - 44, Gr Afxentiou Ave, 6021 Larnaca. Tel.:24652054, Fax 24626882
0557 - Ayios Lazaros - 27a, Phaneromeni Ave, 6025 Larnaca. Tel.:24657366 , Fax 24659745
0558 - Larnaca Airport Tel.:24643061, Fax: 24643189
0559 – Ormedia - 9, Arch.Makarios Iii Ave, 7530 Ormedia Tel. 24721061, Fax 24721777
0560 – Leivadia - Zinonos Kitieos 40, 7060, Larnaca Tel. 24661600, Fax: 24661607
0561 – Lefkara - 20,Eracles Strouthos Str., 7700 Lefkara Tel.: 24343333 , Fax: 24343334
0562 – Chrysopolitissa - 91, Chrysopolitissa Str, 6015 Larnaca. Tel.: 24650977 Fax 4659747
0563 – Ermou - 15, Ermou Str, 6023 Larnaca. Tel. 24629540 Fax 24659746
0564 – Artemidas - 48, Artemida Ave, 6031 Larnaca. Tel. 24624044 Fax 24620544
0565 – Anglissides, 7571 Larnaka. Tel. 24432600 Fax 24432666
0566 – Dromolaxia - 9, Timiou Prodromou Str, 7020 Dromolaxia. Tel. 24423580 Fax 24424744
0567 – Oroclini - 24, Gr.Digenis Str,7041, 7041 Oroclini. Tel. 24646120 Fax 24645510
0568 - Spyrou Kyprianou Avenue - 81-83, Spyrou Kyprianou Ave, 6051 Larnaca. Tel. 24844530 Fax 24642344
0571 – Kamares - 11, Vandaik Str, Kamares, 6037 Larnaca Tel. 24362980 Fax 24632979
0580 - Regional Management Branch Network - 45, Makariou Iii Ave, Panagides Building, 6017 Larnaca Tel. 24844800 Fax 24628821
0581 - Corporate Banking Centre L/Ca 1 - 45, Arch. Makarios Ave, Panayides Eurohouse, Larnaka Tel. 24844700 Fax 24624414
0582 - International Business Unit - 20, Makarios Ave.,Eleneion Building, 3rd Floor,, 6017 Larnaka Tel. 24844400 Fax 24655644
0587 - Regional Management Corporate Banking - 45, Makariou Iii Ave, Panagides Building, 6017 Larnaca Tel. 24844700 Fax 24624414
0592 - Corporate Service Centre - 45, Arch. Makarios Ave, Panayides Eurohouse, Larnaka Tel. 24844700 Fax 24624414
0593 – Kiti - 2, Kiti Ave, 7550 Kiti Tel. 24422777 Fax 24426289
0595 - Xylotympou, 1 Eleftheria Str, Xylotympou, 7510 Larnaca Tel. 24723124 Fax 24742370

Limassol Major Locations:

0301 - New Port - Limassol New Port, 3045 Limassol Tel. 25343919
0330 - Limassol Main Branch - 1,Saripolos Str, Limassol Tel. 25369322
0331 - Arch.Makarios (Ave) - 117, Arch.Makarios Iii Ave, 3021 Limassol El. 25855700 Fax 25335029
0332 – Kapsalos - 117,Ayia Phylaxis Str,Kapsalos, 3087 Limassol Tel.: 25382180 Fax 25339915
0333 – Linopetra - Corner 121, Gr.Digeni & G.Neophytou, Linopetra, 3699 Limassol
Tel.: 25588797, Fax:25585227
0334 - Paphos Str - 51, Paphos Str, 3052 Limassol Tel.: 25855500, Fax: 25394425
0335 – Pentadromos - Pentadromos Centre, 3052 Limassol Tel.:25855600, Fax: 25372342
0336 – Omonias - Omonia Ave & 158 Fr.Rousvelt Str, 3045 Limassol Tel.: 25845150 Fax:25566148
0337 - 28th October - 143b, 28th October Ave, 3035 Limassol Tel.:25585424, Fax: 25590508
0338 - Potamos Yermasoyias - 81,Georgios A Str,, 4047 Potamos Yermasoyias
Tel. 25855400 Fax 25327825
0339 - Mesa Yitonia - 54, Arch Makarios Iii Str & Makedonias,Mesa Yitonia, 4001 Mesa Yitonia Limassol Tel. 25750365 Fax 25750511
0341 - Ayios Ioannis - 1,Papaflessas Str,, 3061 Ayios Ioannis Tel. 25568781 Fax 25567780
0342 – Eftapato - 258,Arch.Makarios Iii Ave, 3699 Limassol Tel. 25855450, Fax: 25343485
0343 – Katholiki - 148,Arch.Makarios Iii Ave, Katholiki, 3021 Limassol
Tel. 25381143 Fax 25386388
0344 – Eleftherias - 75,Eleftheria Str., 3042 Limassol Tel.: 25377383, Fax: 25342060
0345 - Franklinou Roosvelt - 86, Franklinos Roosvelt Str, 3011 Limassol
Tel.:25578255, Fax 25357785
0346 – Platres - 1a Olympos Str, 4820 Platres Tel. 25421719 Fax 25422243
0347 - Limassol Commercial Operations Centre - Pentadromos Centre, Tel. 25341317
0348 – Tsirio - 84,King Constantinos A', Str, 3077 Limassol Tel.:25334480, Fax 25333694
0349 – Ypsonas - 1, Ay.Georgios Str, Ypsonas Tel.:25390770, Fax: 25711360
0352 – Episkopi - Episkopi-39c,Arch.Makarios Iii Ave, 4620 Episkopi Tel. 25932568 Fax 25234129
0353 - Ayios Athanasios - 26,Anikodomissi Str, 4104 Ayios Athanasios
Tel. 25723083 Fax 25724067
0354 – Pissouri - Pissouri, 4607 Limassol. Tel.:25221771, Fax: 25221385
0355 – Renanda - Amathountos Ave-Renanda Court, 4521 Agios Tyxonas El. 25321071 Fax 25310107
0357 – Karmiotissa - 37 Gr.Afxentiou Str, 4159 K.Polemidia. Tel.:25856473, Fax: 25711306
0358 - Ayia Phila - 282,Ayia Philaxis Str, 3038 Ayia Phila. Tel.: 25856420, Fax: 25732403
0359 - Londinou - Ap.Varnavas & London Str, 3065 Limassol. Tel.: 25571250, Fax: 25561572
0360 – Trachoni - 45a,Evripides Str, 4651 Trachoni Tel.: 25710550, Fax: 25711320
0363 - Syn.Makariou C' - 40 Th.Potamianos Str& 28th Road, 4155 K.Polemidia
Tel. 25736711 Fax 25736404
0367 - Akademias - 79, Akademias Str, , 4043 Yermasoyia Tel.:25310655, Fax: 25315407
0380 - Regional Management Branch Network - Corner 121,Gr.Digeni & G.Neophytou, , Linopetra Tel.:25855200, Fax:25583965
0381 - Corporate Banking Centre L/Ssol 1 - 121,Corner Gr.Digeni & G.Neophytou, 3101, Limassol Tel.:25855300, Fax: 25583958
0382 - Corporate Banking Centre L/Ssol 2 - 121,Corner Gr. Digeni & G. Neophytou, 3101, Limassol Tel. 25855300 Fax 25583946
0385 - International Business Unit - Corner 121,Gr.Digenis & G.Neophytou, , Mesa Geitonia Tel.: 25855255
0386 – Molos - Lophitis Business Center, Corner 28th October Ave & Aimiliou Chourmouziou, Molos, 3035 Limassol Tel.:25360453, Fax: 25342814
0387 - Regional Management Corporate Banking - Corner 121,Gr.Digeni & G.Neophytou, Linopetra. Tel.: 25855200
0388 - Ayios Nicolaos - 16, Menelaos Str, , 3100 Ayios Nicolaos, Limassol. Tel.:25587129 Fax:25582561
0389 - Kato Polemidia - 28,Panayia Evangelistria Str, 4156 Kato Polemidia
Tel.: 25334841, Fax: 25335752
0390 - Nicou Pattichi - 39,N.Pattichis Str, 3071 Limassol. Tel.: 25334337, Fax: 25731178
0391 - Mishaouli & Kavazoglou - 26,Mishaoulis & Kavazoglou Str, 3017 Limassol
Tel. 25561843 Fax 25575987
0394 – Athinon - 75, Athens Str, 3040 Limassol. Tel.:25375133, Fax: 25343351
0395 - Corporate Service Centre - 121, Corner Gr. Digeni & G.Neophytou, 3101, Limassol. Tel.: 25855300, Fax: 25855385

Paphos Major Locations:

0603 - Aliathon Aliathon Tourist Area, Geroskipou Tel.: 26964369, Fax 26965049
0655 - International Business Unit - Goras Pallikarides Ave. & A.Tsielepos Str, Tel. 26939577 Fax 26939573
0660 - Paphos Main Branch - Agoras Pallikarides Ave. & A.Tsielepos Str, Tel. 26846200 Fax 26222033
0661 - Polis Chrysochous - 37, Arch.Makarios Iii Str, 8820 Polis Chrysochous
Tel. 26321458 Fax 26322462
0662 - Apostolos Pavlos Ave& Morpheas - 33, Apostolos Pavlos Ave& Morpheas Str, 8046 Paphos Tel. 26934231 Fax 26947050
0663 - Kato Pyrgos - 169, Chr.Agapiou Str, 2940 Kato Pyrgos Tel.: 26522327, Fax 26522404
0664 - Yeroskypou - 75, Arch. Makarios Iii Ave, 8200 Yeroskypou Tel. 26960818 Fax: 26961004
0666 - Paphos International Airport - Paphos International Airport, Tel. 26812454, Fax:26812457
0667 - Apostolou Pavlou - 1, Posidonas Ave, 8042 Kato Paphos. Tel.: 26936151 Fax 26949043.
0668 - Athens Ave 39, Athens Ave, 8035 Paphos. Tel.: 26967000, Fax:26967011
0669 - Tombs Of The Kings - 26,Tombs Of The Kings Ave, 8046 Paphos Tel. 26942055 Fax 26948912
0670 - Kato Paphos - 5, Poseidonas Ave, , 8042 Kato Paphos
0671 - Polemi, 8549 Paphos. Tel.:26632575, Fax: 26633160
0672 - Neophytou Nicolaides - N.Nicolaides Ave & 1st April Str, 8011 Paphos Tel. 26944025 Fax 26949234
0674 - Chloraka Eleftheria Ave, 8220 Chloraka. Tel.:26273077, Fax 26271701
0675 - Peyia Peyia, 8560 Paphos. Tel.: 26621434 , Fax 26622744
0676 - Zappiou Eleftheriou Venizelou 43, 8021 Paphos. Tel.:26945820, Fax 26931033
0677- Hellas Ave 48a, Hellas Ave & Kissavos Str, 8020 Paphos. Tel.:26949321, Fax 26953116
0678 - Akamantidos - 26, Akamantidos Str, 8020, Paphos. Tel.:26846300, Fax 26938761
0680 - Regional Management Branch Network Evagoras Pallikarides Ave. & A.Tsielepos Str. Paphos. Tel.:26941818, Fax 26943040
0681- Corporate Banking Centre Paphos 1 - Corner E. Pallikarides Ave. & A.Tsielepos Str, 8123, Paphos. Tel.:26941818, Fax 26943040
0686 - Evagorou 13, Evagoras Str, 8010 Paphos - Tel.26945232, Fax 26948788
0687 - Regional Management Corporate Banking Evagoras Pallikarides Ave. & A.Tsielepos Str, Paphos. Tel.:26941818, Fax: 26943040
0695 - Corporate Service Centre - Corner E. Pallikarides Ave. & A.Tsielepos Str, 8123, Paphos. Tel.: 26941818, Fax: 26943040


The Company Also Maintains:

8 Branches In U.K. (London, Birmingham And Manchester)
60 Branches In Greece (Athens - 5, Peristeri, Paleo Phaliro, Pireaus, Thessalloniki And Crete)
5 Branches In Australia (Two In Sidney, One In Adelaide And Two In Melbourne)
And Representative Offices In Russia (Moscow), Guernsey, Johannesburg, Canada (Toronto), U.S.A. And Romania

The Bank of Cyprus Group operates through a total of 575 branches worldwide.

 

 

 

 

 

 

 

 

Export to

Percentage

 

Comments

The subject does not engage in any export activities.

 

 

 

 

 

 

 

 

 

 

 

Import from

Percentage

 

Comments

The subject does not engage in any import activities.

 

 

 

 

 

 

 

 

 

 

Premises

 

 

 

 

 

 

 

 

Type

headquarters

 

Address:

51 Stasinou, Agia Paraskevi, Strovolos, 2002, Nicosia, Cyprus

 

Headquarters comprise of

Offices

 

 

 

 

 

 

 

 

Affiliates and Subsidiares

Relation

Year Reg.

 

JCC PAYMENT SYSTEMS LIMITED

Affiliate

1987

 

16 Stasikratous, PALOMA COURT, 4OR, Lefkosia, 1065, PoBox 21043, Nicosia, Cyprus

 

CYPRUS POPULAR BANK PUBLIC CO LTD

Direct Shareholding

1924

 

154 Lemesou, MEGARO LAIKIS, Strovolos, 2025, PoBox 22032, Nicosia, Cyprus

 

LORDOS UNITED  PLASTICS PUBLIC LIMITED

Affiliate

1975

 

Epimitheos, Lemesos, 3056, PoBox 51358, Limassol, Cyprus

 

KERMIA LIMITED

Subsidiary

1952

 

4 Diagorou, KERMIA, 8OS, Lefkosia, 1097, PoBox 24510, Nicosia, Cyprus

 

MALLOUPPAS & PAPACOSTAS PUBLIC CO LIMITED

Affiliate

1982

 

21 Akadimias, KEMA, 8OS, Aglantzia, 2107, Nicosia, Cyprus

 

UNIVERSAL LIFE INSURANCE PUBLIC COMPANY LIMITED

Affiliate

1970

 

85 Digeni Akrita, UNIVERSAL TOWER, Lefkosia, 1070, PoBox 21270, Nicosia, Cyprus

 

BOC RUSSIA (HOLDINGS) LIMITED

Subsidiary

1974

 

51 Stasinou, Agia Paraskevi, Strovolos, 2002, Nicosia, Cyprus

 

INTERFUND INVESTMENTS PLC

Affiliate

1997

 

159 Leontiou A', Maryvonne Bldg., 1st Floor, Apt. 101, Limassol, 3022, Cyprus

 

D. COUVAS & SONS LIMITED

Direct Shareholding

1957

 

Agoras, Lemesos, 3056, PoBox 50035, Limassol, Cyprus

 

OCEAN TANKERS HOLDINGS PUBLIC COMPANY LIMITED

Affiliate

2005

 

4 Parou, Lefkosia, 1082, Nicosia, Cyprus

 

DINERS CLUB (CYPRUS) LIMITED

Subsidiary

1980

 

4 Diagorou, Kermia Bldg., Nicosia, Cyprus

 

TRAPEZA KYPROU AMOIVAIA KEFALAIA LIMITED

Subsidiary

2000

 

51 Stasinou, Agia Paraskevi, 1599, Strovolos, Nicosia, Cyprus

 

KERMIA PROPERTIES & INVESTMENTS LIMITED

Subsidiary

1955

 

155 Archiepisk. Makariou G, KERYNIA EMPORIKI, GRAF.104, Lemesos, 3026, Limassol, Cyprus

 

C.C.C. TOURIST ENTERPRISES PUBLIC COMPANY LIMITED

Affiliate

1989

 

197 Archiepiskopou Makariou C' Avenue, Gala Tower, Limassol, 3030, Cyprus

 

MORTGAGE BANK OF CYPRUS LIMITED

Subsidiary

1944

 

51 Stasinou, Strovolos, 2002, Nicosia, Cyprus

 

EUROLIFE LIMITED

Subsidiary

1989

 

4 Evrou, EUROLIFE HOUSE, Strovolos, 2003, Nicosia, Cyprus

 

OTHERLAND PROPERTIES LIMITED

Subsidiary

2007

 

51 Stasinou, 35, Ag. Paraskevi, Strovolos, 2002, Nicosia, Cyprus

 

THE CYPRUS INVESTMENT AND SECURITIES CORPORATION LIMITED

Subsidiary

1982

 

4 Evrou, Strovolos, 2003, Nicosia, Cyprus

 

LEDRA ESTATE LIMITED

Affiliate

1953

 

2-4 Themistokli Dervi, Nicosia, Cyprus

 

GENIKES ASFALEIES KYPROU LIMITED

Subsidiary

1973

 

2 Themistokli Dervi, Lefkosia, 1066, Nicosia, Cyprus

 

BOC VENTURES LIMITED

Subsidiary

2000

 

10 Kyriakou Matsi, Agioi Omologites, Liliana Bldg, 2nd Floor, 1082, Egkomi, Nicosia, Cyprus

 

TEFKROS EPENDYSEIS LIMITED

Subsidiary

2000

 

10 Kyriakou Matsi Avenue, Agioi Omologites, Liliana Bldg, 2nd Floor, Nicosia, 1082, Cyprus

 

KERMIA PROPERTIES & INVESTMENTS LIMITED

Subsidiary

1955

 

155 Archiepisk. Makariou G, KERYNIA EMPORIKI, GRAF.104, Lemesos, 3026, Limassol, Cyprus

 

FINEROSE PROPERTIES LIMITED

Subsidiary

2011

 

51 Stasinou, Strovolos, 2002, Nicosia, Cyprus

 

STAMOLAND PROPERTIES LIMITED

Subsidiary

2005

 

51 Stasinou, Agia Paraskevi, Strovolos, 2002, Nicosia, Cyprus

 

ECUNALAND PROPERTIES LIMITED

Subsidiary

2012

 

51 Stasinou, Agia Paraskevi, Strovolos, 2002, Nicosia, Cyprus

 

SMOOLAND PROPERTIES LIMITED

Subsidiary

2011

 

51 Stasinou, Agia Paraskevi, Strovolos, 2002, Nicosia, Cyprus

 

CYTRUSTEES INVESTMENT PUBLIC COMPANY LIMITED

Subsidiary

1990

 

71-73 Lordou Vyronos Avenue, Cyprus Stock Exchange Building, Nicosia, 1096, Cyprus

 

ALKIS H. HADJIKYRIACOS (FROU-FROU BISCUITS) PUBLIC LIMITED

Affiliate

1966

 

115 Grigori Afxentiou, Kokkinotrimithia, 2660, PoBox 24822, Nicosia, Cyprus

 

BANK OF CYPRUS MUTUAL FUNDS LIMITED

Subsidiary

 

 

 

 

Bank of Cyprus Public Company Ltd (Branch)

Subsidiary

 

 

 

 

Bank of Cyprus United Kingdom (branch)

Subsidiary

 

 

 

 

BOC VENTURES LIMITED

Subsidiary

 

 

 

 

GENERAL INSURANCE OF CYPRUS LIMITED

Affiliated Company

 

 

 

 

Katoikia I Holdings Ltd

Subsidiary

 

 

 

 

 

 

 

 

 

Charges

 

 

 

 

 

 

 

No

Date registered

Date prepared

Type

Description/No

Amount

Sequence

Beneficiary

1

25/01/2012

29/11/2011

-

Assignment, First Fixed Charge and Floating Charge

10,000,000.00 EUR

-

European Investment Fund

2

04/06/2010

14/05/2010

-

Collateral Agreement

106,000,000.00 EUR

-

Republic of Cyprus Government

3

23/12/2009

09/12/2009

-

Collateral Agreement

946,000,000.00 EUR

-

Republic Of Cyprus Government (Represented By The Ministry Of Finance)

4

27/10/2009

18/09/2009

-

Fixed Guarantee of First Priority, Rights, Titles, Interests And Profits In Relation With the Agreement of Guardianship Including the Account of Cash And Right to Receive ---- Amount: Any Amount That Is Owed Today Or In The Future From Time To Time

0.00 EUR

-

UBS Limited

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Number

Total Amount (EUR)

-

4

1,062,000,000.00

TOTAL CHARGES

4

1,062,000,000.00

 

 

 

 

 

 

 

 

 

 

 

 

Charges History

 

 

 

 

 

 

 

No

Date registered

Date prepared

Date End

Type

Description/No

Amount

Sequence

Beneficiary

1

20/12/2010

09/12/2010

04/10/2011

-

Assignment of Loan Agreements which are described on the Pledging Agreement dated 9/12/2010 between the Bank of Cyprus Public Company Limited and the Central Bank of Cyprus (Loan Numbers: 0183-13-004453, 0183-13-004461, 0183-13-004526, 0183-13-004542, 0183-13-004550, 0183-13-004569, 0183-13-004593, 0183-13-004607, 0183-13-004615, 0183-13-004623, 0183-13-004631, 0183-13-004658 and 0183-13-004666)

66,976,123.00 EUR

-

Central Bank of Cyprus

 

 

 

 

 

 

Negatives

 

Corporate Structure Detrimental

 

 

 

 

 

 

 

 

Legal Entities - Status

Company Name

Reg. No.

Status

ANDREAS METAXAS (ERGOLAVOI) LIMITED

C40578

Dissolved

 

EKDOTIKOS OIKOS DIAS DIMOSIA LIMITED

C7614

Registered and operational

 

KARMAZI BONDED WAREHOUSES LIMITED

C4457

Dissolved

 

KARMAZI INDUSTRIES LIMITED

C10488

Dissolved

 

MORTGAGE BANK OF CYPRUS LIMITED

C174

Dissolved due to merger

 

PAULIG SERVICES LIMITED

C25323

Registered - Self Liquidation

 

PMT (HOLDINGS) LIMITED

C13352

Dissolved due to merger

 

SOLARTE INVESTMENTS LIMITED

C63767

Bankrupted (after court decision or after self liquidation)

 

 

 

 

 

 

 

 

 

Legal Entities

Company Name

Reg. No.

Case No/

Invoice No.

 

Default Desc.

Amount

Claimant

Date of Claim

EKDOTIKOS OIKOS DIAS DIMOSIA LIMITED

C7614

490/09
Provincial court of Nicosia

 

Request for dissolution by a creditor

 

-

07/07/2009

EKDOTIKOS OIKOS DIAS DIMOSIA LIMITED

C7614

490/09
[No specific source]

 

Notice of Cancellation of  Liquidation

 

-

05/11/2009

PAULIG SERVICES LIMITED

C25323

4671
[No specific source]

 

Self-Liquidation by Shareholders

 

-

08/11/2010

PAULIG SERVICES LIMITED

C25323

4672
[No specific source]

 

Notification of Appointment of Liquidator

 

-

08/11/2010

SOLARTE INVESTMENTS LIMITED

C63767

2759
[No specific source]

 

Self-Liquidation by Shareholders

 

-

23/07/2010

SOLARTE INVESTMENTS LIMITED

C63767

2760
[No specific source]

 

Notification of Appointment of Liquidator

 

-

23/07/2010

SOLARTE INVESTMENTS LIMITED

C63767

2160
[No specific source]

 

Notice of Final Shareholders Assembly

 

-

27/06/2011

SOLARTE INVESTMENTS LIMITED

C63767

3616
[No specific source]

 

Notice of Final Shareholders Assembly

 

-

10/10/2011

 

 

 

 

 

 

 

Financial Statement

 

Corporate financial statement

 

 

 

Financial Figures are Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance Sheet

December  2011

   December  2010

December  2009

 

EUR ' 000

EUR ' 000

EUR ' 000

 

 

FIXED ASSETS

 

 

 

Property, plant and equipment

473188

418781

406272

Intangible assets

472510

479058

453141

Investment property

3122385

4414597

4928113

Investment in associates

2820

3805

 

Available-for-sale financial assets

 

 

120137

Derivative financial instruments

7061

15304

60739

Trade and other receivables (Fixed)

22948567

23094460

 

Total fixed assets

27026531

28426005

5968402

CURRENT ASSETS

 

 

 

Trade and other receivables

6109988

6173486

25635780

Derivative financial instruments

186673

60974

 

Other financial assets at fair value through profit or loss

492626

316036

809108

Related companies

 

 

6552

Bank Accounts

2581834

5264376

5947768

Investments in other companies

444809

930997

 

Cash and cash equivalents

632638

1465866

1043791

Total current assets

10448568

14211735

33442999

Total assets

37475099

42637740

39411401

CAPITAL AND RESERVES

 

 

 

Share capital

899528

894948

598197

Reserves

1164903

1159819

712170

Other reserves

865465

-186253

28613

Retained earnings

-585261

868531

1084132

Minority interest

84444

91304

62386

Total equity

2429079

2828349

2485498

LONG-TERM LIABILITIES

 

 

 

Derivative financial instruments

414827

113113

1089685

Long term debt

22400496

18728443

1465954

Purchases Creditors

 

 

494806

Total long-term liabilities

22815323

18841556

3050445

CURRENT LIABILITIES

 

 

 

Trade and other payables

1696944

3012972

5290897

Derivative financial instruments

73284

127299

28584561

Cash Deposits from clients/accruals

9923074

16703808

 

Other Accounts

537395

1123756

 

Total Current Liabilities

12230697

20967835

33875458

Total liabilities

35046020

39809391

36925903

Total equity and liabilities

37475099

42637740

39411401

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Profit/Loss Account

December  2011

December  2010

December  2009

 

EUR ' 000

EUR ' 000

EUR ' 000

 

 

 

 

 

Sales

2739214

2630748

2481561

Cost of goods sold

1197908

1180859

 

Gross profit

1541306

1449889

2481561

Other Operating income

 

 

1286498

Administrative expenses

443205

430208

413933

Other expenses

292997

294717

260319

OPERATING PROFIT/LOSS

805104

724964

3093807

OtherExpenses

426287

374497

 

Finance costs

1729261

 

 

Share of (loss)/profit of associates

-1441

-1953

 

Profit/Loss before income tax

-1351885

348514

365221

Income tax expense

25959

45989

43227

Profit/Loss for the year

-1377844

302525

321994

Profit attributable to equity holders of the company

-1370771

306189

313144

Profit attributable to minority interest

-7073

-3664

8850

ResultPerShare

-156.9

40.4

52.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Key Ratios

December  2011

December  2010

December  2009

 

 

 

 

PROFITABILITY RATIOS

Gross Profit margin on sales

0.56

0.55

1.00

Return on assets (ROA)

-0.50

0.11

0.13

LIQUIDITY RATIOS

Current Ratio

0.85

0.68

0.99

TURNOVER RATIOS

Sales to Net Working Capital Ratio

-1.54

-0.39

-5.74

Total assets turnover (times)

0.07

0.06

0.06

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional Information

 

 

 

MAIN SOURCES OF INFORMATION - FOR THIS REPORT

i. Visited Official Companies’ Registry

ii. Interview with Company / Correspondence

iii. Desk Research

iv. Search through Internet Subscription Databases (Business Information)

v. Specialized Media Search Global & Local

vi. Search through internet Social Networks

vii. Negative Record Database

viii. Relationship/Directorship Search through Database

The Bank of Cyprus Public Company Limited was founded in 1899 and is the holding company of the Bank of Cyprus Group. The Bank is the leading financial services organisation in Cyprus, with a dynamic presence in Greece and Russia and operations in the United Kingdom, Australia, Romania and Ukraine. The Bank operates 143 branches in Cyprus.

Please note that the information included in the report was obtained from the Official Companies’ Registrar, from the company's website and through desk research.

A check against our records revealed that no negative payment incidents against Subject Company, such as unpaid invoices, dishonored cheques and utility bills, bankruptcies exist etc.

COUNTRY DEVELOPMENTS:

On 13 June 2012, Moody’s Investor Service once again downgraded Cyprus’s government bond ratings by two notches to Ba3 from Ba1 and research is now being carried out for further possible downgrade. The Cypriot banks’ exposure to Greece totals 29 billion Euros, or 160% of GDP, including both Greek government bonds and loans to Greek residents. As a result, it is expected that an increase of support by the government may have to be offered to the Cypriot banks due to their exposure to the Greek government and economy and Moody’s will be reflecting these in the Cypriot sovereign ratings.

On 25 June 2012 Financial Mirror published that, Cyprus has applied for the European bailout fund due to its need of 1.8 billion Euros to recapitalize its second largest lender, Cyprus Popular Bank. Stefanos Stefanou, a government spokesman, said that negotiations are yet to be made to determine the precise amount of money which will be lent to Cyprus. He also noted that despite the aid request from the EU, the Cypriot government will continue seeking for a loan from a country outside the EU, such as China and Russia, needed to help cover its budget deficit (2011 deficit: 6.3% of GDP, one of the highest in the Eurozone).

The country has already borrowed 2.5bn euros from Russia, whose business people are important customers of Cyprus's relatively large offshore financial sector which offers low tax rates. If Russia accepts to supply another loan with a low interest rate then Cyprus may be more willing to borrow the money to cover their refinancing needs from Russia instead of the EU.On 25 June 2012 Fitch announced a downgrade of Cyprus’s rating by one notch from BBB- to BB+; a decision due to Cyprus’s heavy exposure to the Greek economy.

Cyprus is keen to protect its low 10% corporate taxation rate which makes it an attractive base for foreign companies. The government is reluctant to acquire loans from the EU due to fear of further austerity measures placed, which may obstruct corporations from situating themselves in Cyprus. (End of Country Developments)

 

 

 

 

 

 

Contact Information

 

 

 

 

 

 

Name:

Not Available

 

Quality:

company

 

 

 

Title:

officer

 

 

 

Couldn't supply

 

Any info

 

 

 

 

 

 

 

News

 

 

http://www.stockwatch.com.cy/nqcontent.cfm?a_name=announce_view&ann_id=155742

12/07/2012

 

Appointment of Y. Kypri as Chief Executive Oficer

 

 

http://www.stockwatch.com.cy/nqcontent.cfm?a_name=announce&code=BOCY&lang=en

12/07/2012

 

Review and setting of the interest rate on Bank of Cyprus Public Company Ltd Convertible Bonds 2013/2018 According to the Terms of Issue of the Convertible Bonds 2013/2018 of Bank of Cyprus Public Company Ltd which are traded on the Cyprus Stock Exchange and the Athens Stock Exchange with codes BCCB/ΤΡΚΜΧ and BOCB1/ΚΥΠΡΟ1 respectively (the «Bonds»), the interest rate on the Bonds which will apply for the period from 01/07/2012 until 31/12/2012 was reviewed and set at 1,93% (6-month Euribor 0,93% plus 1,00%).

 

 

http://www.stockwatch.com.cy/nqcontent.cfm?a_name=announce_view&ann_id=155578

10/07/2012

 

Resignation of A Eliades from BoD - Succession to be discussed on 12/7

 

 

http://www.stockwatch.com.cy/nqcontent.cfm?a_name=announce_view&ann_id=155123

02/07/2012

 

RECAPITALISATION OF THE CYPRUS POPULAR BANK PUBLIC CO LTD AND BANK OF CYPRUS PUBLIC CO LTD. "In the context of the European Banking Authority (EBA) exercise to bring the core tier 1 capital ratio to 9% by 30 June 2012, both Cyprus Popular Bank Public Co. Ltd. and Bank of Cyprus Public Co. Ltd. announced a capital raising plan in March 2012 and November 2011 respectively. Two of the main components of that plan were a liability management exercise and a rights issue. Taking notice of the amount of shares subscribed by private investors and in line with the Decision of the Council of Ministers of 17 May 2012 for the underwriting of the rights issue of capital of an amount of one billion and eight hundred million euro (€1.800.000.000) by Cyprus Popular Bank, the Government acquired EUR one billion seven hundred and ninety six million nine hundred and eighty six thousand four hundred and thirty nine (€ 1.796.986.439) of shares in the bank. The capital strengthening plan of Bank of Cyprus resulted in an increase of share capital by EUR 592 million. The Government of Cyprus remains firmly committed to ensure the stability of the financial sector and will work in close cooperation with the European Commission (EC), European Central Bank (ECB) and International Monetary Fund (IMF) in the framework of an international assistance programme. Banks' capital needs will be assessed after a thorough examination of their assets and in respect of EU state aid rules. The commitment of the Government of Cyprus, as backed by European Commission, European Central Bank and International Monetary Fund under the assistance programme, is to support banks' compliance with the regulatory framework."

 

 

http://www.stockwatch.com.cy/nqcontent.cfm?a_name=announce_view&ann_id=155039

29/06/2012

 

Transfer of activities to Bank of Cyprus UK completed

 

 

http://www.stockwatch.com.cy/nqcontent.cfm?a_name=announce_view&ann_id=154859

27/06/2012

 

BOCY to ask for a temporary state capital of €500m

 

 

Th. Aristodemou informs that he might exercise 202,9 voting rights

19/06/2012

 

Th. Aristodemou informs that he might exercise 202,9 voting rights

 

 

http://www.stockwatch.com.cy/nqcontent.cfm?a_name=announce_view&ann_id=154314

15/06/2012

 

BOCY BCCB capital securities ex-interest on 15/6

 

 

http://www.stockwatch.com.cy/nqcontent.cfm?a_name=announce_view&ann_id=153200

24/05/2012

 

BOCY appoints S. Matsis in BoD

 

 

http://www.cyprus-mail.com/bank-cyprus-uk/boc-going-it-alone-uk/20120606

06/06/2012

 

BANK OF Cyprus UK is informing some 50,000 British savers that it is restructuring its business to bring their accounts under the wing of the British depositor protection scheme.In an announcement posted on its website, the Bank of Cyprus (BoC) said its proposal to transfer its UK banking business to a UK subsidiary has been agreed in principle by the UK's Financial Services Authority."We propose to transfer the banking business currently carried out by Bank of Cyprus Public Company Limited through its UK branch to Bank of Cyprus Advances Limited, which is a wholly-owned subsidiary of Bank of Cyprus Public Company Limited. This subsidiary will be renamed Bank of Cyprus UK Limited," the bank said.The transfer of business to Bank of Cyprus UK is expected to take effect by mid-July.The tumbling value of the euro is threatening the likely compensation level for more than 1.5 million savers who, often unknowingly, invest with banks covered by European rather than UK deposit protection schemes.Continental schemes set the maximum level of protection in euros, even for British depositors.Bank of Cyprus UK Limited will be regulated by the Financial Services Authority and all eligible deposits in all currencies will be protected by the UK Financial Services Compensation Scheme (FSCS) up to £85,000 per customer.Until the transfer takes place, customer deposits continue to be protected by the Cypriot Deposit Protection Scheme up to €100,000 per customer (or sterling equivalent)."On the transfer date, Bank of Cyprus UK Limited will automatically assume almost all aspects of the Bank of Cyprus UK branch’s banking business, including all assets, liabilities, contractual rights, obligations, guarantees and security arrangements, save for certain staff pension obligations and a small number of loans where we have informed customers individually," the BoC said."In a challenging international financial climate, we believe that the transfer of our banking business best serves the interests of our customers, employees, business partners and other stakeholders."Upon transfer, the bank said, all customer accounts would become accounts of Bank of Cyprus UK Limited without the need for new mandates: "Bank of Cyprus UK Limited will automatically assume all customer agreements, transactions and security arrangements, including customers’ standing order and direct debit instructions."Customers will still be able to use their existing cheque books, debit cards and other documentation. Existing credit facilities and other agreements you entered into with us before the transfer will remain in force and be governed by the same terms and conditions."Bank of Cyprus’ move will leave just two mainstream banks operating in Britain not covered by the UK compensation scheme – Triodos, the ethical bank, and ING.

 

 

http://www.stockwatch.com.cy/nqcontent.cfm?a_name=announce_view&ann_id=152686

15/05/2012

 

Consideration of Potential Strategic Partnerships in the Insurance Business

 

 

http://www.stockwatch.com.cy/nqcontent.cfm?a_name=announce_view&ann_id=151340

18/04/2012

 

INTRODUCTION FOR TRADING OF NEW SHARES WHICH HAVE RESULTED FROM THE SHARE CAPITAL INCREASE THROUGH A RIGHTS ISSUE AND THE VOLUNTARY CONVERSION OF CONVERTIBLE ENHANCED CAPITAL SECURITIES Bank of Cyprus Public Company Ltd (“the Bank”) announces that from Thursday, 19 April 2012, 895.612.909 new ordinary shares (“New Shares”) of the Bank will commence trading on the Cyprus Stock Exchange and the Athens Exchange. The New Shares of nominal value €1,00 each, have resulted from the share capital increase through a rights issue and the voluntary conversion of Convertible Enhanced Capital Securities (“CECS”). The New Shares will be credited to the Securities Accounts of the shareholders on the Central Depository/Registry of the Cyprus Stock Exchange and the Dematerialised Securities System (DSS) of the Athens Central Depository before the date of commencement of trading of the New Shares. Including the New Shares which will commence trading on 19 April 2012, the total share capital of the Bank amounts to €1.795.141.547 comprising of 1.795.141.547 shares of nominal value €1 each. In addition, from Thursday 19 April 2012, the number of CECS which are trading on the Cyprus Stock Exchange and the Athens Exchange will decrease, due to the voluntary conversion of SECS to shares, and will be as follows: - 428.521.983 of nominal value €1,00 will be traded in Euro with code ISIN CY0141890117 and - 39.711.653 with nominal value $1,00 will be traded in United States dollars with code ISIN CY0141900114. The trading of the New Shares and the decrease in the number of CECS traded have been approved by the Board of the Cyprus Stock Exchange and by the Athens Exchange in its meeting held on 17 April 2012.

 

 

http://www.stockwatch.com.cy/nqcontent.cfm?a_name=announce_view&ann_id=150786

03/04/2012

 

Resignation of Board Member Bank of Cyprus Public Company Ltd (“the Bank”) announces that Mr Christakis Christofides has submitted his resignation from his position as a member of the Board of Directors of the Bank from 31 March 2012. The Board of Directors has accepted Mr Christofides’ resignation and expresses its warmest thanks for his valuable and longstanding contribution to the Group which he has served as a board member since 1994.

 

 

http://www.stockwatch.com.cy/nqcontent.cfm?a_name=announce_view&ann_id=150294

22/03/2012

 

Resignation of Mr V. Shiarly, due to his appointment as Finance Minister of the Republic of Cyprus The Bank of Cyprus Group announces that Mr Vassos Shiarly has submitted his resignation from the Group due to his appointment as Minister of Finance of the Republic of Cyprus. The Chairman, on behalf of the Board of Directors of Bank of Cyprus, and the Group Executive Management express their warmest thanks to Mr Shiarly for his long-standing and valuable contribution to the Group and their excellent cooperation through the years and wish him every success in his new important position.

 

 

http://www.stockwatch.com.cy/nqcontent.cfm?a_name=announce_view&ann_id=149565

08/03/2012

 

The Board of Directors of Bank of Cyprus Public Company Ltd (the Bank), in its meeting today decided unanimously to participate in the voluntary debt exchange offers for Greek Government Bonds made by the Hellenic Republic on 24 February 2012 by tendering for exchange all securities which are subject to these offers owned by it for its own account and consenting to and voting in favour of the proposed amendments to their terms.

 

 

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.56.37

UK Pound

1

Rs.87.44

Euro

1

Rs.68.04

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

NB

New Business

 

--

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.