Description:
The Cyprus Development Bank was established in 1963 as a public company to promote economic development in Cyprus by mobilising and allocating scarce human and capital resources. 1963 – 1974 Building a portfolio CDB\'s financing activities covered a very broad spectrum of the...more economy\'s productive sectors, with emphasis on the fields of manufacturing and industrial processing. Capital was provided in the form of medium and long-term loans as well as equity and venture capital.
