Silver sponsor at the 2nd Cyprus International Investors Summit
Demonstrating its support for initiatives that encourage entrepreneurship and promote Cyprus as a destination for international investors, cdbbank (Cyprus Development Bank) was a silver sponsor of the 2nd Cyprus International Investors Summit held in Limassol on 11-13 September.
A large number of foreign institutional investors as well as executives of investment funds, businesses and banks, participated in the conference which was organised by the Cyprus Investment Promotion Agency (CIPA) and was held under the auspices of the President of the Republic of Cyprus, Mr. Nicos Anastasiades. The participants were informed about the foreseeable investment opportunities and considerable prospects in Cyprus as economic growth is gathering pace, while attending presentations of large private development projects, mainly in the fields of Land, Real Estate and Recreation.
During the international investment conference, prominent business people from the Middle East, Asia, Africa, Europe and the USA had the opportunity to visit cdbbank’s exhibition space, converse with its experienced and specialised executives and obtain information on the Bank’s wide range of financial solutions.
cdbbank's Chief Executive Officer, Mr. Costas Argyrides, stated that investments are undoubtedly the driving force behind economic growth and progress. He also noted that cdbbank has been continuously supporting business activities since 1963, especially local initiatives and investment opportunities.
Commenting on the large participation of foreign delegates, Mr. Argyrides stressed that the success of the said summit signals the rekindling of international investment community’s interest, noting that Cyprus has all the key elements to play a leading role in the wider region of the Eastern Mediterranean as an international business centre, providing high-quality professional services. "Significant steps have been taken towards the implementation of structural reforms and the modernisation of the regulatory role of the State in an effort to enhance the attractiveness and competitiveness of the Cypriot economy", he concluded.