Bank of Cyprus: Shrinking to strenghten
Bank of Cyprus is comfortably the largest lender in Cyprus, with market shares of 39.7% in loans and 30.8% in deposits as of January 2017. It is also the only Cypriot bank listed on the London Stock Exchange (LSE), making it a natural proxy for the economy. In this interview, Bank of Cyprus’s CEO, John Hourican, shares his views with GlobalMarkets on the recent performance of the bank and on the outlook for the Cypriot ﬁnancial services industry and economy. Click the link to right to find out more.