Our Investment Case
We continue to deliver on our strategic objectives of becoming a stronger, safer and a more focused institution capable of further supporting the recovery of the Cypriot economy and delivering appropriate shareholder returns in the medium term
Reducing Risk
![](/globalassets/group/investor-relations/graphs/2023/3q2023/3q2023-npe-ratio_en.jpg)
Systematic reduction of NPEs
Overall NPEs reduced by 98% since December 2014
NPE coverage at 77%
Strong Liquidity
![](/globalassets/group/investor-relations/graphs/2023/3q2023/3q2023-deposits_en.jpg)
Deposits at €19.3 bn at 30 September 2023
Liquidity surplus of €8.6 bn
Capital Position
![](/globalassets/group/investor-relations/graphs/2023/3q2023/3q2023-cet1_en.jpg)
Capital ratios are in excess of regulatory requirements
Strong Franchise
![](/globalassets/group/investor-relations/graphs/2023/3q2023/3q2023-market-shares_en.jpg)
Strong market shares in Cyprus