Hellenic Bank Public Company LTD Logo

Hellenic Bank Public Company LTD

ISIN: CY0105570119 | Ticker: HB | LEI: CXUHEGU3MADZ2CEV7C11
Sector: FinancialsSub-Industry: Diversified Banks
Country: Cyprus

About Hellenic Bank Public Company LTD

Company Description

Hellenic Bank Group, commenced operations in 1976. In a relatively short period of time, it managed to establish itself as one of the largest banking and financial institutions in Cyprus.

2018 was a landmark year for Hellenic Bank. On 3 September, the Bank announced the completion of the acquisition of certain assets and liabilities of the Cyprus Cooperative Bank. Through the acquisition, the Bank achieved a significant improvement in the quality and structure of the Bank's assets and hence in its financial profile, establishing it the leading retail and SME bank in Cyprus.

Year founded

1976

Served area

Cyprus

Headcount

2,850

Headquarters

Corner Limassol Ave. & 200 Athalassa Ave., 2025 Strovolos, Nicosia – Cyprus

Financial statements

Download as Excel
Line item in (eur) 01.01.2020 01.01.2021 01.01.2022
Assets N/A 15,847,266,000.00 18,836,108,000.00
Property Plant And Equipment N/A 183,364,000.00 180,366,000.00
Property Intended For Sale In Ordinary Course Of Business N/A 208,414,000.00 169,414,000.00
Cash and cash equivalents 5,092,821,000.00 3,789,408,000.00 7,453,494,000.00
Balances With Banks N/A 416,869,000.00 407,945,000.00
Noncurrent Assets Or Disposal Groups Classified As Held For Sale N/A 8,719,000.00 253,906,000.00
Equity And Liabilities N/A 15,847,266,000.00 18,836,108,000.00
Equity 1,076,701,000.00 1,127,865,000.00 1,106,168,000.00
Issued Capital N/A 206,403,000.00 206,403,000.00
Equity Attributable To Owners Of Parent N/A 1,127,853,000.00 1,106,154,000.00
Noncontrolling Interests N/A 12,000.00 14,000.00
Liabilities N/A 14,719,401,000.00 17,729,940,000.00
Deferred Tax Liabilities N/A 19,341,000.00 9,890,000.00
Liabilities Included In Disposal Groups Classified As Held For Sale N/A 0.00 2,885,000.00
Line item in (eur) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
Interest Revenue Calculated Using Effective Interest Method 312,119,000.00 288,154,000.00
Other Income 11,555,000.00 16,553,000.00
Employee Benefits Expense 131,120,000.00 133,744,000.00
Depreciation And Amortisation Expense 23,352,000.00 24,562,000.00
Profit Loss From Operating Activities 127,257,000.00 95,488,000.00
Gain Loss Arising From Derecognition Of Financial Assets Measured At Amortised Cost 3,799,000.00 5,869,000.00
Impairment Loss Impairment Gain And Reversal Of Impairment Loss Determined In Accordance With I F R S9 58,843,000.00 102,041,000.00
Profit Loss Before Tax 60,216,000.00 -7,000,000.00
Income Tax Expense Continuing Operations 9,994,000.00 -2,695,000.00
Profit Loss From Continuing Operations 50,222,000.00 -4,305,000.00
Profit Loss From Discontinued Operations 255,000.00 -7,373,000.00
Profit (loss) 50,477,000.00 -11,678,000.00
Profit Loss Attributable To Noncontrolling Interests 2,000.00 2,000.00
Line item in (eur) 01.01.2020 01.01.2021 01.01.2022
Profit (loss) N/A 50,477,000.00 -11,678,000.00
Adjustments For Income Tax Expense N/A 9,848,000.00 -2,397,000.00
Adjustments For Depreciation And Amortisation Expense N/A 23,359,000.00 24,636,000.00
Adjustments For Provisions N/A -1,125,000.00 -1,179,000.00
Adjustments For Unrealised Foreign Exchange Losses Gains N/A -33,000.00 0.00
Adjustments For Losses Gains On Disposal Of Noncurrent Assets N/A 0.00 256,000.00
Cash Flows From Used In Operations N/A -594,201,000.00 803,189,000.00
Income Taxes Paid Refund Classified As Operating Activities N/A 2,363,000.00 16,206,000.00
Cash Flows From Used In Operating Activities N/A -596,564,000.00 786,983,000.00
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities N/A 4,750,000.00 0.00
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities N/A 21,000.00 27,000.00
Purchase Of Property Plant And Equipment Classified As Investing Activities N/A 8,902,000.00 8,638,000.00
Purchase Of Intangible Assets Classified As Investing Activities N/A 10,634,000.00 8,548,000.00
Interest Received Classified As Investing Activities N/A 120,975,000.00 98,349,000.00
Cash Flows From Used In Investing Activities N/A -708,000,000.00 612,099,000.00
Proceeds From Borrowings Classified As Financing Activities N/A 0.00 2,300,000,000.00
Payments Of Lease Liabilities Classified As Financing Activities N/A 3,590,000.00 2,979,000.00
Cash Flows From Used In Financing Activities N/A -3,590,000.00 2,297,021,000.00
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes N/A -1,308,154,000.00 3,696,103,000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents N/A 4,741,000.00 -32,017,000.00
Cash and cash equivalents 5,092,821,000.00 3,789,408,000.00 7,453,494,000.00

Please note that some sums might not add up.

Filings & Publications

Insider Trades

Sign up and we will give you access!

Capital markets information

ISIN

CY0105570119

LEI

CXUHEGU3MADZ2CEV7C11

Sector

Financials

Industry Group

Banks

Industry

Banks

Sub-Industry

Diversified Banks

Listed Stock Exchange

Cyprus Stock Exchange

Stock Index

CSE General Index

Contact Investor Relations department

Stay up to date

Keep yourself informed with the most recent updates on FinancialReports, IPOs, product advancements, and other significant news.