Hellenic Bank Public Company LTD
ISIN: CY0105570119 | Ticker: HB | LEI: CXUHEGU3MADZ2CEV7C11
Country: Cyprus
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.
1976
Served areaCyprus
Headcount2,850
HeadquartersCorner Limassol Ave. & 200 Athalassa Ave., 2025 Strovolos, Nicosia – Cyprus
| 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.
CY0105570119
LEICXUHEGU3MADZ2CEV7C11
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