Bank of Cyprus Holdings Public Limited Company (OTCPK:BKCYF) Q4 2024 Earnings Call Transcript February 18, 2025 5:00 AM ET
Company Participants
Panicos Nicolaou – CEO
Eliza Livadiotou – Executive Director, Finance
Conference Call Participants
Eleni Ismailou – Axia Ventures Group
Can Demir – Wood & Company
Alexandros Boulougouris – Euroxx Securities
Alfredo Alonso – Deutsche Bank
Dimitris Giannoulis – Research Greece
Hugo Cruz – KBW
Daniel David – Autonomous Research
Andreas Souvleros – Eurobank Equities
Osman Memisoglu – Ambrosia Capital
Operator
Ladies and gentlemen, thank you for standing by. I am Yota, your Chorus Call operator. Welcome and thank you for joining the Bank of Cyprus conference call to present and discuss the Preliminary Full Year 2024 Financial Results Conference Call. All participants will be in a listen-only mode and the conference is being recorded. The presentation will be followed by a question and answer session. [Operator Instructions]
At this time I would like to turn the conference over to Mr. Panicos Nicolaou, Chief Executive Officer. Mr. Nicolaou, you may now proceed.
Panicos Nicolaou
Good morning everyone. Thank you for joining our financial results conference call for the year ended 31st December 2024. I am joined by Eliza Livadiotou, Executive Director of Finance and Annita Pavlou, Manager IR and ESG. After my introductory remarks and updated financial targets, Eliza will go into more detail on our financial performance and then we will be happy to take your questions, both during this conference call and afterwards.
I would like to start by briefly reminding you of our powerful equity story and our cost trends on slide number four. We are the leading financial group across banking in Cyprus, which is a highly liquid and concentrated banking sector, and we operate in a supportive macroeconomic environment. The Cypriot economy remains strong, delivering good growth, proving once again its
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