Bank Of Cyprus Delivers Resilient Performance With €509 Million Revenue In H1 2025

by THEFUTURE.TEAM

August 5, 2025

Strong Financial Metrics Amid Challenging Conditions

The Bank Of Cyprus has announced its H1 2025 financial results, reporting total revenue of €509 million despite a 7 percent year‐on‐year decline—primarily due to a contraction in net interest income. The institution posted post-tax profits of €235 million during this period, with Q2 maintaining a consistent performance at €118 million, reflecting stability in a fluctuating market.

Solid Capital Structure and Liquidity

Exceeding its strategic targets, the bank achieved a Return on Tangible Equity (ROTE) of 18.4 percent, well above its set objectives for 2025. Enhanced by a strong Common Equity Tier 1 (CET1) capital ratio of 20.6 percent and an overall capital adequacy ratio of 25.8 percent, the bank’s robust balance sheet is underscored by total equity (excluding minority interests) of €2.79 billion as of June 30, 2025.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Robust Growth in Lending and Customer Deposits

A notable highlight this period was the 31 percent year‐on‐year increase in new lending, which rose to €1.6 billion driven by demand for business and international operations loans. The serviced loan portfolio expanded by 5 percent to €10.66 billion, while the retail-dominated deposit base grew by 6 percent, reaching €20.9 billion. With individual customer deposits accounting for the majority of assets and liabilities, the bank continues to fortify its market position.

Operational Efficiency and Strategic Initiatives

The bank maintained a disciplined cost-to-income ratio of 36 percent, despite an increase in overall expenses—attributable to heightened staffing and operating costs. These strategic initiatives, including an anticipated 4 percent increase in the serviced loan portfolio, reflect the bank’s proactive efforts to adapt operationally and remain competitive in a dynamic financial landscape.

Stress Test Success and Forward-Looking Confidence

CEO Panicos Nicolaou highlighted that the bank’s resilient business model, strong organic capital generation, and improved liquidity underpin its sustained performance. The favorable results from the 2025 Single Supervisory Mechanism Stress Test—which placed the bank in the top category based on maximum CET1 reduction—further attest to its competitive edge relative to peers.

Positive Outlook Amid a Robust Economic Backdrop

Nicolaou also noted that the domestic economy continues to experience robust growth, with Cyprus forecast to reach a 3 percent growth rate in 2025—significantly outperforming the Eurozone’s 0.9 percent expectation. The bank’s strategic outlook, coupled with a strong balance sheet and expanded lending portfolio, provides a solid foundation for enduring success amid ongoing global economic uncertainty.

The Future Forbes Realty Global Properties

Cyprus Property Deals Reach €286 Million Despite Second-Quarter Uncertainty

by THEFUTURE.TEAM

July 28, 2026

Cyprus’ high-end property market remained active in the first half of 2026, although geopolitical uncertainty may have weighed on investment activity during the second quarter.

€286.4 Million Across The 50 Largest Deals

Property transactions worth a combined €286.4 million ranked among Cyprus’ 50 highest-value deals completed between January and June, according to real estate analytics firm Ask Wire.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Examining the country’s biggest sales across all districts, the report found that the 10 largest transactions alone accounted for €161.7 million, highlighting the concentration of activity at the upper end of the market.

Limassol Extends Its Lead

A €55 million sale involving a building and adjoining fields in Moni was the largest property transaction recorded during the period.

Six of the country’s 10 biggest deals took place in Limassol, with a combined value of €117.2 million. Paphos followed with three transactions worth €35.5 million, while Larnaca recorded one €9 million sale.

Across the broader ranking, Limassol’s 10 largest transactions reached €148.2 million, representing 51.7% of the total value of the top 50 deals. Paphos followed with €68.8 million (24%), while Nicosia recorded €26.7 million. Famagusta narrowly surpassed Larnaca, reaching €21.4 million compared with €21.2 million.

Land Continues To Drive High-Value Deals

According to Ask Wire CEO Pavlos Loizou, land acquisitions continue to dominate Cyprus’ largest property transactions.

“The land market dominates the list of the 10 highest-value property transactions, with seven sales involving fields and plots.”

Many of those sites are expected to be developed into luxury residential and hospitality projects, he added.

Office Demand Remains Strong

Growing demand for office space also reflects the expansion of international companies establishing operations in Cyprus, Loizou said.

“We continue to observe growing demand for office properties, reflecting the expansion of the new ecosystem of international companies that has been establishing itself in Cyprus in recent years.”

Eight of the 10 largest transactions were completed during the first quarter of 2026, with activity slowing in the following three months.

Loizou said the slowdown may reflect investor caution linked to the conflict in the Middle East, which appears to have influenced investment decisions during the second quarter.

Breaking news