Bank of Cyprus Targets 100% Profit Payout to Shareholders by 2027

The Bank of Cyprus (BoC) has announced updated financial targets and capital allocation plans, aiming for a 100 percent profit payout to shareholders by 2027. Additionally, BoC agreed to invest €6 million in Wealthyhood.

3 Mar, 13:24 — 3 Mar, 13:24

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Bank of Cyprus targets 100 per cent profit payout to shareholders by 2027

The Bank of Cyprus (BoC) on Tuesday outlined updated financial targets and capital allocation plans at an investor presentation. At the same time, GlobalWealth Group PLC announced that the Bank of Cyprus had agreed to invest €6 million in Wealthyhood Ltd, becoming a strategic partner and major shareholder. Regarding the former update, the Bank of […]

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Bank of Cyprus Targets 100% Profit Payout to Shareholders by 2027

Read at source (1 outlet)

Bank of Cyprus targets 100 per cent profit payout to shareholders by 2027

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