Eternity Law International — Banks for sale — Profitable bank in Cyprus for sale

Profitable bank in Cyprus for sale

Published:
November 29, 2021

A banking institution in Cyprus for sale registered and licensed by the Cypriot jurisdiction. The structure is under the control of the Cypriot Central Bank. The headquarters is located in Nicosia; in addition, the company has several branches, in particular in Larnaca and Limassol.

Cyprus bank for sale for your attention!

As for reporting, there are results of financial activity for a period of six months (the period ended on June 30, 2021), not confirmed by an audit.

The half-year period that ended on June 30, 2021 differs as follows:

  • from the moment the company started its operations, the profit after taxes amounted to about 0.3 million euros. Operating loss at 30 June 2020 was € 1.0 million;
  • there is a significant increase in indicators related to the loan portfolio. The total amount of loan loans amounted to about 297 million euros, which is 29% more than in the previous year;
  • the institution demonstrates a high level of capital adequacy. The total capital ratio was 18%, which was higher than the 15% minimum required by the SREP;
  • excess liquidity is at a significant level. Deposits reach 332 million euros. All this is evidence of an increase of about 27% compared to the same period last year.
  • assets with a non-performing risk ratio equal to 0%, for which the assessment was based on the definition of the European Banking Authority.
  • more efficient cost-to-income ratio, which is 94% compared to 128% last year.

The balance sheet was compiled for the year ended in 2020 (may be presented by certain terms). To complete the transaction, the interested party must send a copy of the identification document (passport), an extract confirming the availability of a sufficient amount of funds, confirmation of work experience in the fields of banking or in the financial industry in general.

Price for buying Cyprus bank: Julia.z@eternitylaw.com / Telegram @juliazhil

Please feel free to join our telegram channel  in order to keep updated for the new offers and ready-made companies for sale.

Every week we have new jurisdiction to offer a ready-made turn-key solution! We work worldwide.

Please contact us to get more information regarding companies on sale.

You can also see other offers in category ready-made companies and licenses for sale.

You could be interested

NEW ZEALAND FSP FOR SALE

NEW ZEALAND FSP FOR SALE 9 YEARS OLD The FSP year of registration – 2010 – one of the oldest one FX companies you will find for sale – 100% good standing – company was managed by experienced financial analytic, who has built FSPs for 9 years and now he’s selling the business because of...

South African Cat 1 Broker for Sale

An exceptional opportunity has emerged to acquire a Category 1 broker in South Africa, offering a wide range of financial services to meet diverse client needs. With a robust regulatory framework and strategic banking partnerships, this broker is well-positioned for growth and success in the dynamic South African market. Key Features: FNB Bank Account: This...

Bank in Dominican Republic with banking software for sale

New investment opportunity – bank in Dominican Republic for sale. Please review the general details regarding this offer below. Online banking software included in the price; Share Capital: around 1,000,000 USD; Status of the legal entity: currently dormant but ready to start international operations. Banking license for sale in Dominican Republic: overview of activity The...

Active EMI in Lithuania for sale

Operating EMI for sale in Lithuania. What’s included – EMI for sale in Lithuania: Operational company with active client base; Profitable company, significant turnover; Employees and management considers to stay; Direct Centrolink connection, 12 banking partners; Low risk client base mostly. The asking price of EMI for sale in Lithuania: on a request. Details: nick.b@eternitylaw.com...

Payment service provider (PSP) for sale

To your attention ready-made company with a Payment service provider (PSP) for sale Payment service providers – also known as merchant service providers or PSPs – are third parties that help merchants accept payments. Simply put, payment service providers enable merchants to accept credit/debit payments (as well as Direct Debit, bank transfer, real-time bank transfer, etc.) by...

SPI for sale in CZ Republic

This small payment institution licensed (SPI in CZ Republic) company for sale was obtained in 2017. Czech SPI company for sale! The authorized capital is approximately 170,000 EUR, fully paid up. SPI company’s authorizations: Opening accounts for individual and entities. Providing a payment gateway. Issue of payment instruments (payment cards). Detailed proposal of payment instituion...

Discover our services

The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.

Ready-made companies for sale

Companies with a bank account around the world

Banks for sale

Established Banks for sale

Ready-made licenses for sale

Forex, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Licensing

Forex licenses, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Offshore company registration

Expert advice on the acquisition of an offshore company

Open a bank account

Open bank accounts in more than 120 banks around the world
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof
+41 435 50 73 23

Kyiv

Baseina street, 7
+38 094 712 03 54

London

Grosvenor Gardens, 52
+44 203 868 34 37

Washington

1629 K St. Suite 300 N.W.
+1 (888) 647 05 40 Toll Free

Vilnius

Gediminas Avenue, 44A
+370 52 11 14 32

Tallinn

Kesklinna linnaosa, Tuukri 19
+372 880 41 85

Edinburgh

Lochrin Square, 1
+44 203 868 34 37

Nicosia

Jacovides Tower, 5 floor
+371 665 550 51

Riga

Esplanade, 7 floor
+371 665 550 51

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai
+852800938622 Toll Free

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard
+6531594300

Sydney

20 Martin Place
+61 2 888 00 365

Porto

2609 Avenida da Boavista
+351 800 500 206 Toll Free
Calls are made only from Portugal

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7
+995706070360