The Athens Stock Exchange today welcomed the management, executives, and partners of the Bank of Cyprus to mark the listing of the bank’s shares on its Main Market. The President of the Bank of Cyprus, Mr. Takis Arapoglou, opened the trading session by ringing the traditional opening bell.

Welcoming the Bank of Cyprus representatives, the CEO of the Athens Exchange Group, Mr. Yianos Kontopoulos, remarked: "The decision of the Bank of Cyprus leadership to reintroduce its shares to the Greek stock market, aiming for increased visibility and enhanced liquidity, is a development we are particularly pleased with. It is also a strong affirmation of the increasingly significant role the Athens Stock Exchange plays in the global investment community. At the Athens Exchange Group, we continue to implement strategic initiatives to expand our international reach and facilitate dynamic engagement between listed companies and global investors, thereby contributing to Greece’s ongoing economic growth. At the same time, we remain steadfast in supporting the healthy expansion of businesses, working closely with all market participants to highlight the numerous benefits and opportunities associated with listing on the Stock Exchange.”

In his address, Mr. Takis Arapoglou, President of the Bank of Cyprus, stated: "Today marks a momentous occasion as the Bank of Cyprus returns to the Athens Stock Exchange after seven years. This milestone signifies the beginning of a new chapter for the bank, as the listing is expected to enhance its visibility and marketability, positioning it at the forefront of more analysts and investors while making it more directly comparable to banks with similar business models. A key recognition of our substantial progress was the approval from regulatory authorities to distribute dividends for two consecutive years, with the dividend amounting to 30% of our 2023 profits. We extend our sincere gratitude to the Athens Stock Exchange management for their support and look forward to contributing meaningfully to the market’s continued development, furthering our growth trajectory, and delivering increasing value to our shareholders.”

Finally, the Chair of the Hellenic Capital Markets Commission, Ms. Vasiliki Lazarakou, emphasized: "The Capital Market Commission warmly welcomes the re-listing of the Bank of Cyprus on the Greek stock market. This decision represents a significant development for our market, signaling the end of a challenging period and restoring balance after years of financial turmoil. It is a vote of confidence in the Athens Stock Exchange and a testament to the fact that our market is once again on a growth trajectory. The Commission is committed to supporting similar initiatives that strengthen the Stock Exchange and enhance market confidence.”