Bank of Cyprus mandates electronic dividend payments

The Bank of Cyprus announced that all future dividend payments for shareholders holding ordinary shares through depositary interests on the Cyprus Stock Exchange must be made exclusively via electronic transfer. This policy change follows the approval of Resolution 15 at the company's Annual General Meeting held on May 15, 2026, which amended the Articles of Association. The final dividend for the 2025 financial year, distributed on June 24, 2026, was the last payment issued by cheque. Shareholders are required to provide valid bank account details to ensure timely receipt of future payments. If valid information is not provided, the bank may retain the dividend amounts for up to six years. Failure to submit banking details carries the risk of eventual forfeiture of unclaimed dividends according to company regulations. Natural persons registered with the 1bank service can submit instructions via the Internet Banking portal or the BoC Mobile app. Other shareholders are encouraged to submit authorization forms as soon as possible to avoid delays.