Hellenic Bank posts 9M €240.7 mln profit

Hellenic Bank announced on Tuesday a net profit of €240.7 million for the first 9 months of 2023. According to a Hellenic Group statement, this profit was mainly driven by the higher interest

Bank of Cyprus posts €349 mln 9M profit

The country’s largest banking and financial services group, Bank of Cyprus, posted after-tax profits of €349 mln for the first nine months, substantially improving from the €19 mln loss last year. Notably,

Hellenic eyes €200 mln profit

Hellenic reported good financial results for 2022 with a profit of €24 mln (from a €12 mln loss in 2021), confirming the progress made in the transformation to a customer- and technology-focused

BoC posts €95 mln Q1 net profit

Largest lender Bank of Cyprus posted after-tax profits of €95 mln for the first quarter of 2023 from €17 mln in the same period last year. The Bank announced Tuesday that net income from

Hellenic Bank posts €24.2 mln annual profit

Cyprus’ second-largest lender, Hellenic Bank, posted 2022 full-year net profits of €24.2 mln, a rise of 307% year-on-year. “Despite the challenges caused by the war in Ukraine and the inflationary pressures, we

Hellenic Bank eyes €200 mln profit in 2023

Hellenic Bank has an optimistic strategic plan to generate over €200 mln in pre-tax profits in 2023, driven by changes in interest rates and lower operating costs following the early retirement scheme.