Description:
The company engages in banking operations under the Cyprus Banking Law. Regulated by the Central Bank of Cyprus, it maintains deposits with the Central Bank under its minimum reserve regulations and is a member of the Deposit Protection Scheme operated by the Central Bank of Cyprus. B...moreanking operations comprise deposit taking and mainstream lending in the form of investor finance for Cyprus Stock Exchange transactions and, to a lesser extent, car finance, general finance and personal loans. The core activity of investor finance has been negatively affected by the CSE stock market crash of 2000 and beyond.
