Bank of Cyprus has been named, for yet another year, by the internationally reputable Global Finance Magazine, as Best Subcustodian Bank in Cyprus for 2015, as part of Global Finance’s annual awards for the World’s Best Subcustodian Banks for 2015.
The same award was given to Bank of Cyprus in 2012 and 2014 and is a confirmation for the high quality of custody services Bank of Cyprus offers to its clients.
The selection of the Best Sub-Custodian Bank is based on various custody service criteria such as quality of services offered, the effective settlement of transactions, the relationship with clients and takes into consideration clients’ feedback.
The Custody & Trust Unit of Bank of Cyprus offers a comprehensive range of services for most financial markets worldwide, including Cyprus and Greece. The services offered include safekeeping of titles, settlement of transactions, execution of corporate actions, proxy voting, collection and tax treatment of coupons and dividends. Bank of Cyprus also acts as a Custodian for Mutual Funds, Alternative Investment Funds, Provident Funds, Pension a wide range Schemes, Insurance companies, and Investment companies.
Custodian services supplement of products and services offered by Wealth, Brokerage & Asset Management Division of Bank of Cyprus, which include Private Banking, Institutional Wealth Management & Global Market, Investment Banking, Asset Management, Global Brokerage, and Energy & Investment Strategy.
Global Finance, founded in 1987, has a circulation of 50,050 and readers in 180 countries. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Its website —GFmag.com— offers analysis and articles that are the heritage of 28 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.