Bank of Cyprus revelling in comeback - Financial Mirror,Bank of Cyprus has “the wind in its sails” and has upgraded its guidance for 2023 after exceeding targets last year, its chief executive officer said, a decade after the island’s biggest lender came close to collapse. The bank, which is listed on the London Stock Exchange, says it intends to commence “meaningful” dividend distributions from 2023 onwards, subject to regulatory approval and market conditions. “We have the wind in our sails. “The guidance for 2023 is for a much better performance,” CEO Panicos Nicolaou said in a Reuters interview. It is a significant comeback for the bank, which a
Bank of Cyprus revelling in comeback – Financial Mirror
Bank of Cyprus has “the wind in its sails” and has upgraded its guidance for 2023 after exceeding targets last year, its chief executive officer said, a decade after the island’s biggest lender came close to collapse. The bank, which is listed on the London Stock Exchange, says it intends to commence “meaningful” dividend distributions from 2023 onwards, subject to regulatory approval and market conditions. “We have the wind in our sails. “The guidance for 2023 is for a much better performance,” CEO Panicos Nicolaou said in a Reuters interview. It is a significant comeback for the bank, which a
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