EMCC European Monitoring Centre on Change

Bank of Cyprus Public Company Ltd.

21 Oct, 2016
    • Cyprus
  • Organisation size


  • Establishment size


  • Type of restructuring
    • (Avoiding) bankruptcy
  • Ownership
    • Private
  • Sectors
  • Involved actors

    • Business/employers organisation
  • Anticipation of change activities
    • Training/skill development
    • Development and maintenance of capacities and competencies for anticipation of change
    • Continuous mapping of jobs and skills needs - Elaboration of training plans
    • Promotion of internal mobility
The Bank of Cyprus Public Company Ltd. was founded in 1899 and is the holding company of the Bank of Cyprus Group. The Bank is the leading financial services organisation in Cyprus and operates 115 branches in Greece. It is also well established in the United Kingdom, where it operates six branches. The Group’s international activities were extended in 2000 with the opening of a wholly owned subsidiary bank in Australia, which operates ten branches. The bank also has representative offices in the USA, Canada, South Africa, Russia and Romania. It offers a wide range of financial products and services, including financing, leasing, factoring, brokerage, fund management, general and life insurance. It employed 6,100 staff worldwide in August 2006, most of whom were white-collar workers.
  • Flexicurity