RESIGNATION OF BOARD MEMBER
Announcement
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Resignation of Board Member |
Nicosia, 16 October 2014
Bank of Cyprus Public Company Ltd (“the Bank”) announces that Mr Xanthos Vrachas submitted his resignation from the Board of Directors of the Bank with effect from the date of the forthcoming Annual General Meeting of the Bank, to be held on 20th of November 2014.
Group Profile
Founded in 1899, Bank of Cyprus Group is the leading banking and financial services group in Cyprus. The Group provides a wide range of financial products and services which include retail and commercial banking, finance, factoring, investment banking, brokerage, fund management, private banking, life and general insurance. The Group operates through a total of 280 branches, of which 144 operate in Russia, 130 in Cyprus, 1 in Romania, 4 in the United Kingdom and 1 in the Channel Islands. Bank of Cyprus also has 5 representative offices in Russia, Ukraine, China and South Africa. The Bank of Cyprus Group employs 6.747 staff worldwide. At 30 June 2014, the Group's Total Assets amounted to €28,6 bn and Total Equity was €2,8 bn.
RESIGNATION OF BOARD MEMBER