Bank Board Approves 4.2 Million Shares for 1,260 Staff in 2025 Bonus Plan
Updated
Updated · Cyprus Mail · Jun 12
Bank Board Approves 4.2 Million Shares for 1,260 Staff in 2025 Bonus Plan
1 articles · Updated · Cyprus Mail · Jun 12
Summary
4,209,501 common dematerialised shares will be allocated to 1,260 beneficiaries—management and employees—under the bank’s performance-based remuneration programme for the 2025 financial year.
The board approved the measure at its May 27, 2026 meeting as part of implementing the Combined Bonus Plan.
The share award ties compensation to performance rather than cash-only payouts, covering both senior management and broader staff included in the scheme.