Ancoria Bank launches operations with two branches

0 Comment


first_imgAncoria Bank has launched operations with a total of two banking branches, one in Nicosia and another in Limassol, a total staff of 60 and an initial capital of €50m, the lender’s chief executive officer said.The goal of Ancoria, the first bank to obtain a banking licence from the Central Bank of Cyprus following the 2013 banking crisis, is to create a modern and flexible financial organisation with a new culture, approach and relation to its customers, CEO Ioannis Loizou said according to a statement emailed by the bank said.The bank, which plans to set up another banking centre in Larnaca will “jointly determine the customers’ needs and offer them the suitable solutions,” Loizou was quoted as saying. The bank already offers products to finance companies and private customers, mortgages, student loans, car loans and other consumer loans.Loizou added that the bank will pay a lot of attention to corporate governance and transparency, the use of technology and innovation.Evgenia Christodoulou, deputy CEO and business development manager at the lender, said that the bank will redefine banking practices by respecting customers and their companies and prioritising service to them.You May LikePopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoSenior Living | Search AdsCheap Senior Apartments in Rowland Heights Are Turning HeadsSenior Living | Search AdsUndo Pensioner dies after crash on Paphos-Polis roadUndoCypriot tycoon launches ‘Bank of Cannabis’UndoThree arrested in connection with hotel theftsUndoby Taboolaby Taboolalast_img

Tags: , , , , , , , , ,

Leave a Reply

Your email address will not be published. Required fields are marked *