Bank of Cyprus expects limited impact from tariffs, reports record profits

The imposition of tariffs is not expected to have a significant or immediate effect on the Cypriot economy, which remains resilient and continues to outperform most European countries, according to Bank of Cyprus group chairman Takis Arapoglou, .

Speaking at the bank’s annual general meeting held in Nicosia, Arapoglou stressed that the Bank of Cyprus is well-positioned to weather global trade and market volatility.

“We remain confident that the Bank