Our Society
The development of social capital is crucial for the prosperity of the economy, as well as for technological progress and overall social development. At Bank of Cyprus, we believe that true social value comes from transcending traditional boundaries and collaborating with all partners in the value chain. We also recognize the important role financial institutions play in strengthening modern societies.
As we go “Beyond Banking," we are committed to making a difference in Cypriot society, contributing to its socio-economic development, and maintaining our position as a strong pillar for the country’s sustainable growth.
We Examine - Contribute - Engage - Commit to the causes we support. We provide financial, material, or human support through our Corporate Social Responsibility strategy, which is built upon the following five key pillars.
Corporate Social Responsibility Strategic Pillars
Health
We support the operation of the Bank of Cyprus Oncology Centre and strengthen the society’s efforts to raise public awareness on health issues, focusing on cancer:
- Patients
- Their families
- Health professionals
Education
We provide financial, human and material resources to design or create short term programmes and long term initiatives promoting learning and development, focusing on:
- Financial Education
- Awarding youth within STEAM (Science, Technology, Engineering, Art, Mathematics)
- Awarding youth as sports talents
Environment
Tackling climate crisis on land and the sea. We focus on:
- Awareness - Education
- Prevention - Response
- Recovery - Mitigation of climate change consequences
- Protection of biodiversity
Culture
We aim at research and study of the cultural and natural heritage of Cyprus through the Bank of Cyprus Cultural Foundation which:
- Keeps six Cyprological collections
- Curates two museums and manages another one on behalf of the Bank
- Runs an annual programme with exhibitions, lectures, events, educational and research programmes
Entrepreneurship & Innovation
We develop and support start-ups and entrepreneurship through the IDEA Innovation Center.
- Running a business Creation Training Programme
- With high profile mentors and trainers
- Providing financial support, consultation and professional services
SupportCY
A network acting within all the CSR strategic pillars, in situations of crises and where immediate action is needed, with the collaboration of:
- SupportCY members-partners
- SupportCY Volunteers Corps
- SupportCY Crises and Disasters Centre
- SupportCY House