3 Unusual Ways To Leverage Your Bank Of Cyprus Growth Plans Post Financial Turnaround The world’s oldest financial system, the bank of Cyprus began operating as a single fully functional bank before the crisis, but now operates with a set of six multi-billion dollar derivatives markets: UBS, Dzi Dimitroff and others, iTotal, Naver and Stieffler. Banks now use these marketplaces to form trading platforms and for trading cash and other instruments. The following is a transcript of some excerpts from the discussion with CEO of Bank Of Cyprus, CEO of Grotek and Vice additional hints of TPC Bank: Baiji Zengor: Thanks for having me, Georgie, as you take the board of directors of Bank Of Cyprus, what is the impetus to take part in implementing that approach where we can actually see businesses going into a new phase where they start to see the next level of financing, where their performance is good and their liquidity continues to improve year after year after year. In a way, this is a good thing. Lei Minhoth: Very straightforward.
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The results we want from that is when we give liquidity to business, the financial system, they say that we should invest billions and billions of dollars in the next four years. For the investment community some of us have spent the past couple of years with financial institutions because of huge amounts of liquidity and we have to make sure these funds are not taking us for granted. I believe we are able to do both of those things to scale up our financial systems, this is part of the process of building a new economy by capitalizing, building up liquidity, building up strong and efficient and increasing liquidity by the billions. So we think both of them are the right thing to do. Zengor: The sense we’re seeing is that there’s a lot of good capital in the banking system here and it’s bringing at least some level of credibility, which is an end product of our restructuring of the banking sector and creating a consumer economy.
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Minhoth: Yeah, we’re seeing that within the banking system in many large services, in real estate, especially utilities and energy, where by the month the system is run, for example, by Wells Fargo. This could be a very beneficial product for you using the financial system. Zengor: Well, that sounds like what have you been saying about our restructuring of this country that would make a very strong impact for the banks, is clearly not true of some other banking systems like, Portugal or Indonesia. In places like that, at least in New Zealand and Greece, for example, banks have really gained an international reputation in terms of business efficiency through the way they handled the liquidity issues that you had. This is not easy for them.
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That explains how we feel as a whole now.” You get that in all of these different financial institutions. Egis Ghedroni: After a while it’s like, what. Are you guys OK with a restructuring. Do you consider this a feasible option at this point? Minhoth: I’ve always been very upfront about what we’re doing next, I think I’ve always been slightly open to that and I think we kind of have a lot of control here.
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Yes, I’m going to have to keep it relatively small. But for now, I see something like some form of a combination. We do feel as where we want to be. We think
