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Yiallouros, Kristie (2009) International Banking in Cyprus. [Dissertation (University of Nottingham only)] (Unpublished)

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Abstract

The purpose of this dissertation is to analyze the sector of the Cyprus economy that deals with the International Banking or Offshore Banking as otherwise is being called in Cyprus. During the last two decades the island of Cyprus has managed to establish itself as a reputable international financial centre.

Therefore the literature review of this paper examines the research theme from two different aspects. First it examines the financial system of Cyprus as related to international banking. In addition it examines the subject of offshore financial centres around the world.

This particular research was performed by implementing the qualitative method. Semi-structured interviews were conducted with a limited number of people. The people being interviewed were knowledgeable of the research problem.

Finally the research findings are presented. Each one of the research questions are being answered using the primary and secondary data which were collected from the research. Thus by analyzing the research questions, this paper manages to establish the reasons that made Cyprus a reputable international business centre. Also it examines how the Cyprus banking system is being benefited from the international business sector of the economy. In addition it indicates how the country of Cyprus is being benefited from its International business sector. Furthermore it indicates the anti-money laundering measures that the Cypriot banks are implementing. Next offers a description of the implications that the current economic crisis has on the international banking in Cyprus. After that it lists the services that Cypriot banks, offer to international investors. And finally it completes with the necessary steps required for the approval and formation of a company in Cyprus.

Item Type:	Dissertation (University of Nottingham only)
Depositing User:	EP, Services
Date Deposited:	03 Feb 2010 14:14
Last Modified:	17 Feb 2018 01:31
URI:	https://eprints.nottingham.ac.uk/id/eprint/22927

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