BANKING
Cyprus banking sector, constantly growing and expanding its international networks, is turning Cyprus into one of the leading international financial centres in the eastern Mediterranean.
Formal banking system is regulated, supervised and monitored by the Central Bank of Cyprus and European Union directives to ensure a safe and stable financial system that preserves public confidence and fosters economic stability and growth.
Commercial banking follows the British model and is also of a very high standard.
At the same time, we have foreign banks successfully establishing their offices on the island.
SERVICES
BANKS
BANK OF CYPRUSCyprus banking sector, constantly growing and expanding its international networks, is turning Cyprus into one of the leading international financial centres in the eastern Mediterranean.
Formal banking system is regulated, supervised and monitored by the Central Bank of Cyprus and European Union directives to ensure a safe and stable financial system that preserves public confidence and fosters economic stability and growth.
Commercial banking follows the British model and is also of a very high standard.
At the same time, we have foreign banks successfully establishing their offices on the island.
ASTRO BANKAstro Bank Group is one of the most dynamic and active financial organisations in Greece today. Founded in 1916, Astro Bank went through a period of state-ownership and management (1975-1991) before it was privatised in December 1991.
Since then, it has continuously grown in size and activities.
Along with its organic growth, Astro Bank made a series of strategic moves with the goal of establishing a strong presence in the domestic market.
Thus, in 1998, the Bank absorbed the activities of Chase Manhattan in Greece, took over controlling interest in Macedonia-Thrace Bank and acquired the specialised bank Credit Lyonnais Hellas.
At the beginning of 1999, the Bank acquired Xiosbank and absorbed the activities of National Westminster Bank Plc in Greece.
In June 2000, the Bank unified its three commercial banks in Greece (Astro Bank, Macedonia-Thrace Bank and Xiosbank), creating one of the three largest private sector banks in Greece.
In early 2002, Astro Bank acquired the Hellenic Industrial Development Bank (ETBAbank). ETBAbank was absorbed by Astro Bank in December 2003.
Also, at the beginning of 2002, a strategic alliance agreement for the Greek market was signed between Astro Bank Group and ING Group, focused in the field of bancassurance, which was renewed for 10 more years in October 2007.
At the beginning of July 2009, Astro Bank and BNP Wealth Management agreed to a strategic partnership in Wealth Management.
Finally, at the beginning of October 2009, Astro Bank and Victoria General Insurance Company S.A. - subsidiary of Ergo International in Greece and member of the German insurance Group Munich Re - commenced a 10-year exclusive cooperation in the general insurance field.
Today, Astro Bank leads a group of companies covering all financial and banking activities in the Greek market (universal bank).
Astro Bank possesses particular know-how in the areas of retail banking, small and medium-sized enterprises (SMEs), capital markets and investment banking, leasing.
The main medium term goals of Astro Bank Group are to maintain a balanced growth in terms of loans and deposits, achieve high efficiency and sustain superior asset quality and satisfactory capital adequacy.
Astro will continue to focus on SMEs and retail banking segments, where it holds strong expertise, while capitalizing on its young branch network, both in Greece and abroad.
At the end of March 2011, Astro Bank Group possessed a network of 872 branches (360 in Greece and 512 abroad).
The Group's total equity amounted to €4.1 bn, regulatory capital amounted to €4.3 bn and the Group's capital adequacy ratio at 11.6%.
Customer deposits to €28.7 bn, net loans €37.0 bn and the Group's total assets to €56.6 bn.
BANQUE CRAMER & CIE SA - SWITZERLANDBanque Cramer & Cie SA specialises in wealth management and investment advice, offering its clients a bespoke financial service covering a diversified range of products.
Its "open architecture" approach gives it total independence and enables it to provide access to the best products on the market.
This Bank is the product of the determination of a family rooted in Swiss tradition – a spirit that still applies today and provides inspiration to the Bank's shareholders and staff. Their strong entrepreneurial culture leads them to develop personal links with the clients within a framework of trust and loyalty.
The main office is located in Geneva, or the branches are in Lugano, Lausanne and Zurich.
BANK OF IRELANDBank of Ireland Corporate Banking is the number 1* Corporate Bank in Ireland. They manage the sophisticated and diverse financial needs of major domestic and global companies. Their teams are located in Dublin, Belfast, London, Paris, Frankfurt, Chicago and Stamford, Connecticut. Customer Relationships are their key priority and their clients will, at all times, have a dedicated relationship manager who is empowered to speak for and negotiate on behalf of Bank of Ireland Corporate Banking, drawing together the skills and expertise residing across our Group.
CIM BANK - SWITZERLANDCIM Bank is a Swiss Private Bank based in Geneva with branches in Lugano and Wollerau (near Zurich) operating since 1990. It is a modern dynamic bank providing high quality services to private and corporate clients.
It offers:
- Current accounts for physical persons and companies
- Min first deposit 5 000 CHF/EUR/USD (personal account), 10 000 CHF/EUR/USD (corporate account)
- Quick account opening (around 5 days)
- Not obliged to visit the bank, we can open an account via a webcam
- Multicurrency accounts
- Incoming/outgoing bank wire transfers
- Credit & debit cards (Visa, MasterCard, American Express)
- Private banking (wealth management)
- Financial consultations
- Online trading platform
https://www.cimbanque.com