Best bank 2025: Bank of Cyprus
Bank of Cyprus has demonstrated exceptional financial performance and innovation, earning its award as Cyprus’s best bank. In 2024, the bank’s net profit after tax increased to €508 million, a growth of 4% compared to 2023.
This financial robustness is underscored by a substantial improvement in its Common Equity Tier 1 (CET1) ratio, which rose from 17.4% to an impressive 19.2%, indicating a strong and well-capitalised institution.
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