Let A be a Banach algebra, not necessarily unital, and let B be a closed subalgebra of A. We establish a connection between the Banach cyclic cohomology group HC(A) of A and the Banach B-relative cyclic cohomology group HCnB(A) of A. We prove that, for a Banach algebra A with a bounded approximate identity and an amenable closed subalgebra B of A, up to topological isomorphism, HC(A) = HCnB(A) ...