Cyprus - U.S. Banks and Local Correspondent BanksCyprus - US Banks
Republic of Cyprus:
There are 34 banks in Cyprus of which seven are incorporated locally. The remaining banks are branches or subsidiaries of foreign-incorporated banks or representative offices, conducting their operations mainly with non-residents. Some of them have subsidiaries dealing with insurance services, investment banking, and other related services. Most of these banks, particularly those incorporated domestically, have correspondent arrangements with U.S. banks and offer all types of services, including deposit accounts, lending advances, leasing, credit card facilities, and automatic banking machines. Though Ex-Im Bank does not offer any specific programs for the Republic of Cyprus, exporters may still avail themselves of their export financing assistance if the transaction meets the Bank’s criteria. For more information on the banking system, please visit the Central Bank of Cyprus.
Area Administered by Turkish Cypriots:
Some branch banks have correspondent facilities with the United States. The full list of domestic banks in the area administered by Turkish Cypriots can be obtained from the Turkish Cypriot Banks Association.
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.