10.08.2015 Views

Why Cyprus?

Panikos Koursaris, Marfin Laiki Bank - Globalserve International ...

Panikos Koursaris, Marfin Laiki Bank - Globalserve International ...

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<strong>Cyprus</strong> Banking‣ A market driven system based on English law‣ Legacy of the British colonial rule‣ Marfin Laiki Bank, BOC – more than 100 years old‣ Legal and Banking structures (still) reflect Britishequivalents‣ Corporations Act 1925 - Marfin Laiki is number 1 onRegister of Companies‣ Open, competitive, multivariate, multidimensional, evenmulticultural Banking Industry‣ Well capitalised and profitable bankswww.acb.com.cy19

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