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

Group of licensed FSPs and registered credit providers in South Africa for sale

Below you can see the basic information regarding a group of licensed FSPs and registered credit providers in South Africa for sale. Group of licensed FSPs and registered credit providers in South Africa for sale: what’s included Multiple bank accounts with the biggest banks in South Africa established; All the necessary payment systems, credit checking...

Electronic money license

ELECTRONIC MONEY LICENSE. WHAT SHOULD I GET FOR? A license for electronic money is a comfortable work tool that provides a large number of opportunities, both for business and for improving living conditions. Using this currency makes it possible to take a huge step in the progress of the future. The positive aspects in electronic...

ONLINE GAMING LICENSE IN MALTA

It’s hard to be an expert in both business and law, but thanks to Eternity Law International – there is no need to. ELI team offers a broad set of services for clients, who are willing to open up an online gaming business or to relocate the existing one in Malta. For more than 15...

STP licensed broker in Cyprus for sale

STP licensed company in Cyprus for sale is operating in the investment industry and subject to CySEC regulation. Activities of Cyprus STP licensed company for sale: • Acceptance and execution of orders that are left by customers. • Transfer of orders for one or more financial field instruments. Additional rank services • Issuance of credit...

Estonian company with FIU license for sale

Here is presented FIU licensed company in Estonia for sale.  Purchase Estonian company with FIU license! Declared activity of financial company in Estonia for sale: financial organization (with this license the company has the right to carry out loan operations to legal entities without additional licensing). This license is compulsory for all participants in the...

UK SEMI with IT for sale

What`s included UK SEMI with IT for sale: Compliance automation available from DowJones and Ondato; Bank accounts in LV, IT and UK; SWIFT and SEPA available. Additional information: Clean record What features does the UK SEMI with IT for sale have? Companies that decide to purchase it can perform the following actions: receive and pay...
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof

Kyiv

Baseina street, 7

London

Grosvenor Gardens, 52

Edinburgh

Lochrin Square, 1

Nicosia

Jacovides Tower, 5 floor

Tallinn

Kesklinna linnaosa, Tuukri 19

Riga

Esplanade, 7 floor

Vilnius

Gediminas Avenue, 44A

New York

New Rochelle, Huguenot St, 175

Sydney

20 Martin Place

Singapore

3 Fraser Street, #08 DUO Tower

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai

Porto

2609 Avenida da Boavista

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7