The cost of opening an account: From 450 EUR
The cost of opening an account: From450 EUR

General information

Name:CDB Bank


Faunded:1 963
History:The Cyprus Development Bank (CDB) was founded in 1963 as a company to promote economic development in Cyprus. The main shareholders were the Republic of Cyprus and the European Investment Bank. In June 2007, the government of Cyprus expressed interest in the allocation of its stake. In 2008, the bank was completely privatized and no longer belongs to Cyprus as the state
Employees:English-speaking staff


Terms of opening for admission (days):7
Opening terms for cancellation (days):7
Recommendations:Not required
Description of activity:Required
Account type:Personal, corporate, savings
Types of accounts:Personal, corporate, savings
Departure to the bank:Required
Required documents:Standard package of documents: photocopies of the company's apostilled constituent documents, photocopy of the passport of director/trustee/beneficiary, description of the client's business, completed application form
Account opening, probability:Calculated and perceived
Particularities during account opening:No


Balance, minimum:0 €
Limit of transfers (per month):No limitations
An initial fee :0 €
Transaction speed:1-2 days

Services and costs

Cost of translation:
Cost of enrollment:
Cost of account maintenance:Free
Credit card restrictions:No restrictions
Insurance for credit cards:No information
Access to the account:Internet banking
Bank services:Crediting, deposits
Bank cards:Cash card. It is planned to issue VISA payment cards in the future
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