• About Us
  • Our Services
  • Subscribe
  • Advertise
  • FAQ
  • Contact Us
Login | My Posts
Accountants in Cyprus
  • Publications
  • About Cyprus
    • Cyprus History
    • Cyprus Company Registration
    • Cyprus Tax
    • Cyprus VAT
    • Cyprus Accountants
    • Cyprus Economy
  • Find Accountants
  • Contact Us
No Result
View All Result
  • Publications
  • About Cyprus
    • Cyprus History
    • Cyprus Company Registration
    • Cyprus Tax
    • Cyprus VAT
    • Cyprus Accountants
    • Cyprus Economy
  • Find Accountants
  • Contact Us
No Result
View All Result
Accountants in Cyprus
No Result
View All Result
Home Publications News & Announcements

BoC is Ready to Support Investors

February 9, 2015
in News & Announcements
Reading Time: 2 mins read

The Bank of Cyprus (BoC) is both equipped and willing to offer its full support to international investors seeking to invest their capital on the island, said John Hourica, Chief Executive Officer of BoC.

Addressing the Cyprus Investors Summit 2015, Hourican stated that the event comes at a crucial time for Cyprus, indeed a turning point for the recovery of the island’s economy.

Foreign direct inflows will play a crucial role in the continuing consolidation of the economy, he said.

“As the foremost leading financial services organization in the country, the Bank of Cyprus is well aware that the country’s economic recovery depends on how we managed – and continue to address – the direct consequences of the events of last March.”

As a key driver of the recovery, the bank intends on continuing to work towards a full recovery, he stated, confirming that the bank has the full support of the Cyprus Government.

“Our recapitalization, amounting to some €1 billion in fresh capital in August 2014, was confirmation of our commitment to this cause. It was the largest inflow of foreign direct investment in the island’s history thus far,” the CEO explained.

The bank attracted global investments, he continued, as steered the island’s largest lender on the recovery course. “Our investors, and the new composition of the Board of Directors of the Bank, are a clear indication of our commitment to the highest banking standards.”

Moreover, the bank’s recapitalisation has fully equipped BoC to support the investment projects presented throughout the Cyprus Investors Summit 2015, serving not only the economy of Cyprus, but also the individual investors’ efforts in obtaining a return on investment.

Source: Goldnews

Published on 10 February, 2015

ShareTweetShare

Newsletter

Latest News

Bank of Cyprus Achieves Record Lending and Profitable Quarter
News & Announcements

Bank of Cyprus Achieves Record Lending and Profitable Quarter

May 12, 2025

Bank of Cyprus Reports Strong First Quarter 2025 Results and Strategic Progress “The Bank of Cyprus delivered another strong quarterly...

Read more
Cyprus tax booklet 2025

Cyprus Tax Booklet 2025

May 9, 2025
real estate in Cyprus and Greece 2025

Cyprus and Greece Real Estate in 2025

May 6, 2025

Accountants in Cyprus is an accounting portal that consists of information in the field of finance and a network of Cyprus accounting firms and other financial service providers .

USEFUL LINKS

  • Accountants in Nicosia
  • Accountants in Limassol
  • Accountants in Larnaca
  • Accountants in Famagusta
  • Accountants in Paphos
  • Accountants in Nicosia
  • Accountants in Limassol
  • Accountants in Larnaca
  • Accountants in Famagusta
  • Accountants in Paphos

USEFUL LINKS

  • Cyprus Tax Consultants
  • Tax Planning Cyprus
  • Tax Benefits Cyprus
  • Double Taxation Treaties
  • Cyprus Accounting Firms
  • Cyprus Tax Consultants
  • Tax Planning Cyprus
  • Tax Benefits Cyprus
  • Double Taxation Treaties
  • Cyprus Accounting Firms

AFFILIATED SITES

logo-lawyers-in-cyprus
lawyers-malta

2023 © Accountants in Cyprus. All Rights Reserved. Developed by Wizzweb

  • About
  • Cyprus Accounting Services
  • Auditors in Cyprus
  • Cyprus VAT
  • Contact Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Publications
  • About Cyprus
    • Cyprus History
    • Cyprus Company Registration
    • Cyprus Tax
    • Accountants Cyprus
    • Cyprus Economy
  • Find Accountants
  • Contact Us
  • Our Services
  • Subscribe
  • Advertise
  • FAQ

© 2023 Accountant in Cyprus

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.