Bank of Cyprus Returns to Trading

The transcript discusses plans to relist shares, changes in the board, and the outcomes of a recent investor roadshow. It highlights Cyprus' economic recovery and investment potential, emphasizing the role of the Bank of Cyprus. The discussion also covers capital controls, business operations in Cyprus and Russia, and the challenges of lending in a recessionary environment. The potential impact of ECB's QE program on Cyprus is also considered.

What was the main reason for the delay in relisting the shares of the Bank of Cyprus?

• A change in the board

• Lack of investor interest

• Economic downturn

• Regulatory issues

What percentage of the corporate sector banks with the Bank of Cyprus?

• 70%

• 40%

• 90%

• 25%

How does the Bank of Cyprus view its business in relation to Russia?

• It is withdrawing from Russian markets

• It has a significant Russian dimension

• It is unaffected by Russian relations

• It is entirely focused on Cyprus

What is the Bank of Cyprus's stance on the removal of capital controls?

• They are against it

• They are indifferent

• They are encouraging it

• They are unprepared for it

What challenge does the Bank of Cyprus face in the lending environment?

• Lack of business interest

• Shortage of deposits

• High lending costs

• Excessive deposits

What is the expected impact of the ECB's QE program on Cyprus?

• Moderately effective

• Highly effective

• Ineffective

• Detrimental

What is the Bank of Cyprus's approach to lending during the recession?

• They are reducing lending

• They are promoting lending programs

• They are focusing on consumer loans

• They are not lending at all