OREANDA-NEWS. October 14, 2010. The AS LTB Bank Cyprus Branch received permission to start its operations in the Republic of Cyprus, Limassol.

The grand opening of the AS LTB Bank Cyprus Branch will be held. The branch staff welcomes Clients and is willing to provide wholesome and qualitative financial services.

Under circumstances of financial market competition, the Bank intends further expansion of the activities, ensuring the Bank's presence in the regions which are of interest to existing Bank's customers and is with new customer and the bank's funding profile. As well to be closer to customers and manage their needs in their business place, implementing the principle - "follow your customer."

The Bank has successful many years experience working with corporate customers from the CIS and European countries. Opening of the branch will expand the existing and create new business relationship with international corporations and companies whose partners are located in Federation of Russia and CIS countries, Latvia, Cyprus and other European Union countries.

AS LTB Bank Cyprus branch offers its customers money flow handling, including opening of current accounts and all forms of credit transfers, remote account management systems, short-term and long-term deposits, non-cash currency exchange operations and financing of commercial transactions.