InTouch Magazine Articles Archive

Issue 17, April 2008

Barclays Wealth

By Gina Coleman.

It’s over 90 years since Barclays first offered their banking services in Cyprus, but this year, in a new move, it has re-launched its financial centre here following substantial investment in its banking information systems and the development of Barclays Wealth Intermediaries’ overall platform and services.

Barclays Wealth Intermediaries and Corporates
“Finance is a crucial part of the economy in Cyprus and we’ve seen big growth in the Cyprus market in the last few years”, says Peter. “Cyprus is well-positioned for the future. It’s a member of the EU, it has recently adopted the Euro; it has a large number of double taxation treaties (around 33) with other countries and in terms of the professional services community, it has an excellent reputation for quality. It’s well placed in terms of a lot of those international and global flows of capital and finance”

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