Nicosia, 13 October 2014

Bank of Cyprus Public Company Ltd (“the Bank”) announces that Mr Konstantinos Katsaros submitted his resignation from the Board of Directors of the Bank on 13 October 2014.  As per the Bank's articles of association, the resignation will become effective upon its acceptance by the Board of Directors or within seven days from its submission, if not withdrawn.

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.