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​Terms & Conditions for the Use of the Website


This website is owned and maintained by the Cyprus Development Bank Ltd (the "Bank"). The access and use of any of the pages of the Bank’s website is subject to the terms and conditions set out below. By using this website you agree to be legally bound by these terms and conditions.

Exclusion of Liability

Information posted on this website is believed to be reliable when posted. The Bank does not represent and/or guarantee that the information will be accurate, complete and current at all times. The Bank does not accept any liability for any loss, damage or liability including, but without limitation, direct or indirect, special or incidental, consequential damages, losses or liabilities in connection with the use of the website or reliance on or use or inability to use the information, materials, products and services on the website, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if the user advises the Bank of the possibility of such damages, losses or expenses.

Information on this website, including these terms and conditions, is subject to change by the Bank without notification.

Information provided through this website does not constitute investment advice. Professional investment advice should be obtained according to the user’s specific circumstances and needs, prior to making any investment decisions. The Bank accepts no liability for investment decisions based on information contained in this website.

Access to and use of the Bank’s website is at the user’s own risk and the Bank does not warrant that the use of this website or any material downloaded from it will not cause damage to any property.

This website contains links to other websites. The Bank accepts no responsibility or liability for the privacy of your personal information on such websites, as these are beyond the Bank’s control. Links to other websites from this website are for information only and the Bank accepts no responsibility or liability arising from access to, or the material on, any website which is linked from or to this website. The Bank does not guarantee the accuracy, content, timeliness or completeness of the information accessed to any website.

Personal Data

By using this website the user automatically consents to the processing of his personal data by the Bank and that this data may be kept by the Bank to inform him of products and services that may be of interest to him.  The Bank undertakes to process such data in line with its obligations under the Processing of Personal Data (Protection of the Individual) Law of 2001 No. 138(I)/2001 as amended from time to time.  The user should note that the said law contains provisions as to his rights in respect of such data (e.g. right of access, right to object).  If the user has any concerns in relation to the processing of his personal data by the Bank, he should contact the Bank in writing at Alpha House, 50 Archbishop Makarios III Ave., 1065 Nicosia, Cyprus.

Amendment of Terms and Conditions

The Bank may at any time amend all or any of these terms and conditions and users will be considered as having received notice and be bound by the changes.

Breach of these Terms and Conditions

In cases of breach of these terms and conditions by any user the Bank may and will take all necessary action to protect its rights including the possibility of blocking access to any user to the website.


This website is not intended to be available for use by any person, legal or natural, in any jurisdiction or country, where such availability would be contrary to local legislation. Furthermore, this website is not intended for use by minors.

Governing Law

Use of this website shall be governed by the laws of the Republic of Cyprus.

Supervisory Authority

The Bank is licensed by the Central Bank of Cyprus and is operating under its regulation and supervision.