articles | 18 April 2016

cdbbank to strengthen strategic aims with new Limassol presence

The Cyprus Development Bank (cdbbank) will strengthen its presence in Cyprus with new offices and a branch in Limassol.

According to reports, the new office comes in response to the banks strategic objectives to attract business in the international banking sector and the consolidation of its name in the local market.

Cdbbank’s International Business Centre (IBC) will be housed in the building Lophitis Business Centre, on Limassol’s waterfront, offering a full range of banking operations.

Slated for operation in early May 2016, the new offices will house the International Banking Operations Department. A branch of cdbbank will operate on the ground floor in June, according to reports.

Most recently, cdbbank hired three new executives, Antonis Haritos, Lefteris Evripidou and Harry Fokas, who took over executive positions at cdbbank.

Source: InCyprus

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