ECONOMY

Bank of Cyprus says H1 net profit seen at 56 million euros

Bank of Cyprus says H1 net profit seen at 56 million euros

Bank of Cyprus Pcl announced on Thursday that its first-half 2016 net profit amounted to 56 million euros, with the profits of the second quarter of the year coming to 6 million euros.

The operating profit before provisions of the island’s biggest lender reached 135 million euros in the April-June period, compared to 146 million euros in Q1.

[Reuters]

Banking

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