Lingua-News Cyprus

Language Learning Through Current Events

Saturday, December 13, 2025
A2 Elementary ⚡ Cached
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Bank of Cyprus is doing well. Its money in nine months is a little less. But the bank is working hard. It wants to give more money to people who need loans. It is also making its jobs better. The bank has new plans for next year. It might even help people in other countries.

From January to September, the bank made good money. This is less than before. This happened because of less money from interest. This is a problem for many banks. But the bank’s main work is strong. More people are taking new loans. People’s money in the bank also grew. This shows the bank’s plan is smart.

The bank’s plan for less interest money is working. It gave out many new loans. This is much more than last year. The loans are also good quality. There are very few bad loans now. The boss said they gave out many loans. This is because businesses and other countries wanted them.

The bank’s leaders feel good. They want to make more profit this year. They will give most of their profit to people who own shares. They already gave some money. The bank’s share price is going up. This means people like its plans.

Things are changing in Cyprus. Another bank is buying a different one. So, Bank of Cyprus will share a new plan. This plan is for a long time. The bank wants to grow in Greece. The bank is getting ready to stay strong. It also wants to grow in new places.

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