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 Schemes, Insurance companies, and Investment companies.
Custodian services supplement a wide range 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.