Ancoria Bank Ltd – Audited Financial Results for the year ended 31 December 2024
For the year ended 31 December 2024, Ancoria Bank Ltd («Ancoria Bank») has reported:
- Profit after tax of €7.9mln.
- Loan book stands at €317.4mln.
- Strong capital adequacy with Total Capital Ratio (TCR) and Common Equity Tier 1 (CET1) ratio at 25.21%, and 23.16% respectively, comfortably above the regulatory minimum of 15.61% including SREP requirement.
- Substantial excess liquidity with deposits reaching €742.6mln, recording an increase of 10.5% year-on-year and registering a Liquidity Coverage Ratio (LCR) of 1,299% compared to a minimum requirement of 100%.
- Asset quality remaining at high levels with Non-Performing Exposures (NPE) ratio based on European Banking Authority’s definition at 1.9%.
Ancoria Bank continued its positive development for another year, remaining focused on its strategic goal of being a reliable financial partner to its customers laying solid foundations for long-term relationships.
Ancoria Bank Ltd, incorporated in Cyprus in 2013, operates as a limited liability company under the Cyprus Companies Law, Cap.113.
|
30/06/2025 Unaudited |
31/12/2024
Audited |
31/12/2023
Audited |
31/12/2022
Audited |
31/12/2021
Audited |
31/12/2020
Audited |
31/12/2019
Audited |
31/12/2018
Audited |
31/12/2017
Audited |
|
| Gross Loans (€mln) | 305.3 | 317.4 | 318.0 | 334.1 | 308.0 | 272.6 | 210.2 | 118.0 | 63.6 |
| Customer Deposits (€mln) | 740.2 | 742.6 | 672.0 | 429.8 | 369.2 | 296.3 | 224.6 | 159.6 | 59.6 |
| Profit after tax (€mln) | 3.5 | 7.9 | 8.3 | 3.0 | 1.0 | -1.8 | -3.2 | -5.1 | -5.7 |
| Non-Performing Exposures Ratio | 2.2% | 1.9% | 1.7% | 0% | 0% | 0% | 0% | 0% | 0% |
| Total Capital Ratio | 29.40% | 25.21% | 23.08% | 19.65% | 18% | 19% | 19% | 38% | 83% |
| Liquidity Coverage Ratio | 1,791% | 1,299% | 1,542% | 544% | 343% | 288% | 344% | 763% | 388% |
Click on the links below to open our financial results PDFs.
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- Financial Results 2024 (2,320kb)
- Financial Results 2023 (1,370kb)
- Financial Results 2022 (4,520kb)
- Financial Results 2021 (1,600kb)
- Financial Results 2020 (2,571kb)
- Financial Results 2019 (2,394kb)
- Financial Results 2018 (1,679kb)
- Financial Results 2017 (1,314kb)
- Financial Results 2016 (1,329kb)
- Financial Results 2015 (4,616kb)