Nicosia: Bank of Cyprus announced the launch of the ‘IBU India Hub’, a new strategic initiative aiming to enhance its service offering and specialization to businesses and individuals connected to India. “This is an important step towards strengthening our international presence and leveraging new opportunities. IBU India Hub is a dedicated service unit designed to meet the needs of Indian businesses and professionals establishing their presence in Cyprus,” a press release reads.
According to Cyprus News Agency, the India Hub will focus on two main pillars: specialization on service offering to customers related to India and promoting Cyprus as an attractive destination for Indian entrepreneurs and High Net-Worth Individuals (HNWIs).