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Bank of Cyprus posts ,e1/429m in net earnings in Q1 (Updated).

By Stelios Orphanides

Bank of Cyprus said it posted a e1/429m after-tax profit in the first quarter of 2015 compared to a e1/4107m loss in the fourth quarter of 2014 and e1/431m in the first quarter of 2014.

The first quarter earnings includes a e1/421m loss from disposal groups from sale and discontinued operations, mainly related to the Russian operations, the lender said in a statement today.

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Publication:Cyprus Mail (Cyprus)
Article Type:Financial report
Date:May 29, 2015
Words:104
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