Bank of Cyprus has announced the launch of the 'IBU India Hub', a new strategic initiative aiming to enhance its service offering and specialisation to businesses and individuals connected to India.
As noted in a relevent press release, "This is an important step towards strengthening our international presence and leveraging new opportunities. IBU India Hub is a dedicated service unit designed to meet the needs of Indian businesses and professionals establishing their presence in Cyprus."
The India Hub will focus on two main pillars:
1. Specialisation on the Bank of Cyprus service offering to customers related to India
2. Promoting Cyprus as an attractive destination for Indian entrepreneurs and High Net-Worth Individuals (HNWIs)
"Bank of Cyprus remains dedicated to fostering innovation and facilitating international investment, further strengthening Cyprus’s position as a leading destination for global business," the press release concluded.