Foundation
Established in 1963 by the government of Cyprus, CDB's initial financing activities covered a very broad spectrum of the economy's productive sectors, with emphasis on the fields of manufacturing and industrial processing. Capital was provided in the form of medium and long-term loans as well as equity and venture capital.
Read more about this topic: Cyprus Development Bank
Famous quotes containing the word foundation:
“Remember that whatever knowledge you do not solidly lay the foundation of before you are eighteen, you will never be master of while you breathe.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)
“A full belly to the labourer was, in my opinion, the foundation of public morals and the only source of real public peace.”
—William Cobbett (1762–1835)
“What is the foundation of that interest all men feel in Greek history, letters, art and poetry, in all its periods from the Heroic and Homeric age down to the domestic life of the Athenians and Spartans, four or five centuries later? What but this, that every man passes personally through a Grecian period.”
—Ralph Waldo Emerson (1803–1882)