Main activity and structure
The Bank’s main activity consists of customer cash flow servicing, including the servicing of:
• Checking accounts
• Cash transfers (wire transfers)
• Trade finance transactions
• Foreign exchange
• Servicing of debit and credit cards
• Trust management services.
The business plan is mainly geared towards the continuation of its existing business, maintaining a diversified business model focused on customers, as well as the ongoing development of business relationships with its customers.
The organisational structure is based on functionality and comprises eleven departments, each accountable to and supervised by a specific member of the Management Board. In addition, there are committees and commissions accountable to the Management Board. The Bank has a branch office in Cyprus and in Grand Duchy of Luxembourg, a representative office in Hong Kong as well.