The lender, a unit of Greece’s Eurobank, said that its capital adequacy ratio stood at 28.6% at the end of June while its core equity tier 1 capital ratio was 25.8%.
Eurobank’s loan portfolio rose in June to by €35m compared to June to over €1.9bn while its deposits rose from €3.2bn to €3.6bn, the bank said.
The bank’s non-performing loans accounted for 6.8% of its portfolio, it added.
Source: Cyprus Mail
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Georg Bühler, ,
Digital assets are no longer a niche, but a part of modern finance attracting a growing number of investors – and there is immense potential for Cyprus to become a leading cryptocurrency hub. By fostering a more inclusive regulatory ecosystem, Cyprus can diversify its financial services sector and position itself at the forefront of digital finance, says Georg Bühler, Managing Director of Mount Pelion Capital.
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