Cyprus Cooperative Bank: Best Social Impact Bank Cyprus 2017

A prime mover in the country’s financial system, and indeed one of its mainstays, Cyprus Cooperative Bank (CCB) stands on the cusp of a major expansion drive that will see the bank debut on the stock exchange as it raises fresh capital to underwrite growth and the further development of its business. A number of prestigious global investment banks in Paris, Frankfurt, and London have already expressed an interest in helping CCB structure its highly-anticipated IPO.

Cyprus Cooperative Bank was set up in 1937 as a central bank to the country’s cooperative credit societies. As such, CCB was instrumental in driving national development, meeting the short-term borrowing needs of the farming community via the associated credit coops. Now a full-service bank, and Cyprus’ largest financial services provider, CCB remains true to its heritage by engaging with all sectors of society in order to gauge demand and identify opportunity.

CCB is a major player in the International Co-operative Alliance (ICA) which brings together and represents coop movements from around the globe. Founded in 1895, ICA is today the largest non-governmental organisation in the world. Through its international contacts Cyprus Cooperative Bank sources innovative solutions and expertise that enables the bank to continuously update and upgrade its products and services, ensuring client satisfaction and maximising the social impact of the bank’s operations.

The CFI.co judging panel values CCB’s continued dedication to excellence in both operations and governance. For a second consecutive year, the judges wish to recognise the bank’s progress. The judging panel declares Cyprus Cooperative Bank winner of the 2017 Best Social Impact Bank Cyprus Award.

marten

Recent Posts

Alpha Bank: Most Innovative Family Banking Services Greece 2025

Alpha Bank has established itself as a leading force in the Greek banking sector, recognised…

6 days ago

Schafer Cullen Capital Management: Innovators in Long-Term Value Equity Strategies USA 2025

Schafer Cullen Capital Management has built a reputation for disciplined, long-term value investing, backed by…

6 days ago

JP Morgan Chase: Most Innovative Investment Banking Services USA 2025

JP Morgan Chase stands at the forefront of the global financial industry, consistently redefining the…

6 days ago

Dubai World Trade Centre: Champion of Global Business and Trade Ecosystems EMEA 2025

For over four decades, Dubai World Trade Centre (DWTC) has been a cornerstone of Dubai’s…

2 months ago

Krungthai Bank PCL: Best Social Impact Bank Thailand 2025

Krungthai Bank PCL plays a pivotal role in driving sustainable economic and social development in…

3 months ago

Région Île-de-France: Best Green Bond Thought Leadership Team Global 2025 & Best in Class Bond Issuer Global 2025

Région Île-de-France demonstrates a steadfast commitment to sustainable finance, playing a pioneering and influential role…

3 months ago