Businessweek

Cyprus Popular Bank Public Co Ltd, through its subsidiaries, provides banking and financial services to individual and corporate customers in Cyprus, Greece, and internationally. It offers retail banking services to individual customers; commercial and investment banking services to corporate customers; wealth management services, including private banking and asset management services to high net worth individuals; and international business banking services for international customers wishing to do business in Cyprus and local customers wishing to expand their business outside Cyprus. The company’s banking products and services include demand deposits, savings accounts, and time or notice deposits; housing and other consumer loans; and loans to small and medium size enterprises, which include factoring and leasing. It is also involved in treasury and capital markets activities covering the sale of investment and risk management products in foreign exchange, interest rate, fixed income, and commodities markets to institutional, corporate, and high-net-worth clients. The company was formerly known as Marfin Popular Bank Public Co Ltd and changed its name to Cyprus Popular Bank Public Co Ltd in April 2012. Cyprus Popular Bank Public Co Ltd was founded in 1901 and is based in Nicosia, Cyprus.