Banking system in Cyprus isn’t difficult but just operated as the banks in other offshore jurisdictions. The only difference that may make banking and operating a Cyprus bank account difficult is when an individual or a corporate group intending to bank in Cyprus [...]
Cyprus, being one of the developed and well established offshore jurisdictions provides the best banking services that is very conducive for offshore investment. Foreign investor while choosing a jurisdiction that is favorable for their offshore investment, often embarks on a jurisdiction with well established banking and financial services. This is one of the reasons why Cyprus has continued to attract most foreign investment. [...]