Cyprus Development Bank

Cyprus Development Bank

The Cyprus Development Bank (CDB), (Κυπριακή Τράπεζα Αναπτύξεως), was established in 1963 as a public company to promote economic development in Cyprus. Its main shareholders are the Republic of Cyprus and the European Investment Bank.

Read more about Cyprus Development Bank:  Foundation, History, Evolution, Banking Licence

Famous quotes containing the words development and/or bank:

    Men are only as good as their technical development allows them to be.
    George Orwell (1903–1950)

    I have passed down the river before sunrise on a summer morning, between fields of lilies still shut in sleep; and when, at length, the flakes of sunlight from over the bank fell on the surface of the water, whole fields of white blossoms seemed to flash open before me, as I floated along, like the unfolding of a banner, so sensible is this flower to the influence of the sun’s rays.
    Henry David Thoreau (1817–1862)