Bank of Cyprus in the list of the world’s best banks
12 November, 2024
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Global Finance, a true guru in the financial and banking sector, has recently published a ranking of the world’s best banks.
Banks from 23 Western European countries were able to take part in this financial battle.
The rating was based on numerous factors, such as asset growth, innovation, international presence, liquidity and profitability.
Among the Cypriot banks, Bank of Cyprus won two nominations in the rating: the best bank and the best investment bank of the island, having shown its high financial and operational performance.
The bank made a financial breakthrough: net profit increased to 487 million euros, compared to 57 million euros in 2022.
Global Finance experts note: “In a landmark year for the bank, Bank of Cyprus completed a significant transformation into a well-capitalized and diversified banking group” and “showed strong performance, commitment to sustainable growth and further development of innovative banking products”.
Interlegal is ready to become your reliable partner in opening account at the Bank of Cyprus. We will take into account all the details of your business and provide professional support at each stage of opening account.
If you are interested, please do not hesitate to contact us. Interlegal associate attorney Alyona Remenyak (remenyak@interlegal.com.ua; +380952312516) Source: https://gfmag.com/…/worlds-best-banks-2024-western-europe/