Bank of CyprusPublic Co. Ltd. said April 11 that it is considering theincorporation of a new holding company in the U.K. as it seeks to achieve apremium listing onthe London Stock Exchange and be considered eligible for inclusion in the FTSEU.K. Index series.

The bank added that there is no intention to change thelocation of its headquarters and that the group's tax and banking regulatorystatus are expected to remain unchanged.