IBU India Hub aims to boost Cyprus as destination for Indian HNWIs

The Bank of Cyprus on Monday announced the launch of the IBU India Hub, a new strategic initiative designed to enhance its service offering and specialisation for businesses and individuals connected to India.

“This is an important step towards strengthening our international presence and leveraging new opportunities,” the bank stated.

“IBU India Hub is a dedicated service unit designed to meet the needs of Indian businesses and professionals establishing their presence in Cyprus,” it added.

The India Hub will focus on providing specialised support to customers related to India and on promoting Cyprus as an attractive destination for Indian entrepreneurs and high-net-worth individuals.

“The Bank of Cyprus remains dedicated to fostering innovation and facilitating international investment, further strengthening Cyprus’s position as a leading destination for global business,” the announcement stated.