Bank Index

The Cyprus Development Bank Public Company Ltd

Bank · NICOSIA, Cyprus · overall 5.2 / 10

Open in Bank Index

How this 5.2 is built

Average of 6 scored needs: 5.2. Regulation in Cyprus: 76/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. Scores set by its kind of institution.

CYPRUS DEVELOPMENT BANK PUBLIC COMPANY LIMITED is recorded in the global register as a bank in NICOSIA, Cyprus. The register names European Central Bank, list of monetary financial institutions as its regulator and shows the licence as licensed. Established 1963. Collected from open registers. We have not checked this company by hand yet.

On its own website: “Founded in 1963, The Cyprus Development Bank Public Company Ltd is today one of the leading niche financial institutions in Cyprus”

Legal name
CYPRUS DEVELOPMENT BANK PUBLIC COMPANY LIMITED
Regulated by
European Central Bank, list of monetary financial institutions
Licence confirmed
yes, on a regulator's own list
Established
1963
LEI
549300TTZTKBUFKWH890
Website
cdb.com.cy

Scores, 0 to 10

6.0Europe (EU, EEA, Switzerland)
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
6.0Financial strength & stability
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Lowest fees
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.