CYPRadar 🇨🇾💰 Bank of Cyprus mandates electronic transfers for all future dividend payments from 2026
The Bank of Cyprus has confirmed that all future dividends to shareholders holding ordinary shares via depositary interests on the Cyprus Stock Exchange will be paid exclusively through electronic transfers. This change follows shareholder approval of amendments to the company's Articles of Association at the Annual General Meeting on May 15, 2026. The final dividend paid by cheque was on June 24, 2026.
Shareholders who have not yet provided valid bank account details have been urged to do so promptly to avoid delays or the risk of forfeiting unclaimed dividends after a possible six-year retention period. Dividend payments can be directed to Bank of Cyprus accounts or others, with electronic submission options available through the bank’s Internet Banking and mobile app services for identified customers, or via authorization forms for others.
The bank emphasized the benefits of fully electronic dividend payments, including faster access to cleared funds, reduced administrative costs, and enhanced security. Dividend amounts retained due to missing banking information will not earn interest, and all transactions will comply with data protection standards. Shareholders seeking further details can contact the Shareholder Services team by email.
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