Bank of Cyprus made its launching on the Athens Stock Exchange on Monday, complying with the delisting of its shares from the London Stock Exchange last Thursday.
After a respite of 7 years, trading on the Athens Exchange of Bank of Cyprus shares began BOCHGR. The preliminary trading rate on Athinon Avenue was evaluated 4.78 euros per share, matching the closing rate on the Cyprus Stock Exchange lastFriday By shutting it made 4.60% to wind up at EUR5, taking in turn over of EUR2.3 million.
“This milestone represents another significant step for our group, now a strong financial services organization with a high-quality balance sheet, robust capital, liquidity and sustainable recurring profitability,” claimed Bank ofCyprus Chairman Takis Arapoglou
In a composed declaration, he stressed that the board thinks the listing will certainly enhance liquidity and increase the team’s exposure to a wider financier base, profiting both investors and the company.
“We look forward to working with more investors as a result of the listing on the Athens Stock Exchange,” he included.
