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International Banking Through Cyprus Dimitris Zisimidis Manager,

International Banking Through Cyprus Dimitris Zisimidis Manager, Limassol International Banking Unit Piraeus Bank (Cyprus) Ltd Vilnius June 12, 2012. The Cyprus Financial Sector. CYPRUS GOVERNMENT . CENTRAL BANK . BAR ASSOCIATION & ICPAC. Robust Regulation. Oversight. Legislation.

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International Banking Through Cyprus Dimitris Zisimidis Manager,

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  1. International Banking Through Cyprus Dimitris Zisimidis Manager, Limassol International Banking Unit Piraeus Bank (Cyprus) Ltd Vilnius June 12, 2012

  2. The Cyprus Financial Sector CYPRUS GOVERNMENT CENTRAL BANK BAR ASSOCIATION & ICPAC Robust Regulation Oversight Legislation CYPRUS BANKING SYSTEM SERVICESPROVIDERS (accountants & lawyers) Tax Advantages Expertise Experience Confidentiality Extensive Network Education Infrastructure Extensive Networks Knowledge

  3. Why Banking in Cyprus • International Standards • Legal, accounting and banking systems based mainly on English practices • International Financial Reporting Standards (IFRS) since 1982 • Experienced employees • Highly qualified managerial, clerical and technical staff • Worldwide network • Wide network of correspondent accounts • Excellent relations with European countries, Russia, Ukraine, countries of the Middle East and the Gulf, India. • Highly Regulated Banks • The regulator, Central Bank of Cyprus is part of the Eurosystem • Robust internal procedures at banks • Strict Anti Money Laundering Standards • Banks’ Offerings • Whole spectrum of Financial Services (one stop shopping) • Ability to open accounts in all major currencies • Confidentiality & Anonymity

  4. …in a banking system weathering the crisis we had … • Increase in Foreign Resident deposits • Controlled loan/deposits

  5. … deposit balances…

  6. …steadily growing… Banking system deposits & loans

  7. How banking works with Piraeus Bank… MARKETING ACCOUNT OPENING Clients/Partners ACCOUNT OPERATION • LIAISON WITH: • Wealth Management • Treasury • Custody • Card Services • Trade Finance Relationship Manager - Single point of reference -One stop shop service IDENTIFICATION OF CUSTOMER NEEDS SERVICING CUSTOMER NEEDS LENDING

  8. … and how Piraeus Bank supports you • SERVICING CUSTOMERS’ NEEDS & WANTS • Universal Bank • Cash Management Solutions • In-house Lending Team • In–house Compliance Officer • In–house Business Development Manager • Internal Lawyers for Escrow Services • Competitive Pricing with no hidden costs • ACCOUNT OPERATION • Advanced platform for: • internet banking (trilingual) • Mobile Banking • Telephone Banking • Extended working hours (7:30 – 18:00) • Extended Cut – Off Times • 24/7 Call Service • Payments in over 42 currencies (same–day value) • ACCOUNT OPENING / CUSTOMER SERVICE • Specialization & Professionalism • Assigned Customer Service Team • Experienced Staff with Multilingual skills • Accuracy & speed • Visiting you at your own premises • Confidentiality & Anonymity

  9. Piraeus Bank Cyprus Ltd e-Channels operation • --------------------------------------------------------------------------------------- Internet Banking Mobile Banking Phone Banking Smartphone Banking Tablet Banking 9 9

  10. …building a relationship of trust to grow…

  11. ANY QUESTIONS?

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