Having successfully exited the EU/IMF-backed bail-out programme, the public finances of the Republic of Cyprus continue to strengthen and the economy is being restored to growth. Despite the difficulties in the banking sector during recent years, the gross value of financial services added a recorded average growth of 2.5% in real terms and the economy is expected to continue to expand in the next few years. The Firm provides ongoing legal support to a number of Cypriot systemic banks, as well as to individual and corporate clients.
Our team has extensive experience not only in conventional lending but also in relation to a variety of other sophisticated banking services. The team assists its clients to navigate the complex banking legal framework and to adjust to continuously changing economic, political and regulatory conditions.
Our services include but are not limited to: