Piraeus Bank (Cyprus) was a member of Piraeus Bank Group (Greece) providing products and services in personal banking, corporate and commercial banking, international banking, and wealth management. In December 2016, Piraeus Bank Cyprus was acquired by a group of international investors led by Lebanese banker Maurice Sehnaoui and renamed to AstroBank. AstroBank provides banking products and services to both local and international clients.
Becoming a client of Astrobank Limited can be done in a few steps:
Due to regulatory requirements Astrobank Limited performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Astrobank Limited will ask him/her to provide the following documents: passport; utility bill; bank reference. For corporate clients Astrobank Limited will ask to provide corporate documentation as well as information about controlling persons. Astrobank Limited may request additional documentation or information depending on the case. Astrobank Limited performs client's identity verification via branch visit.
Astrobank Limited is the 4th largest bank in Cyprus in terms of total assets. In 2019 its total assets were 2 266,08 mln EUR. In 2019 the bank's net income was 16,75 mln EUR.
Astrobank Limited participates in the deposit guarantee scheme of Cyprus. This deposit guarantee scheme applies to all accounts made by natural persons (domestic and foreign), legal entites (domestic and foreign) and covers up to up to 100,000 EUR per bank per depositor. Astrobank Limited is a member of Deposit Guarantee Fund for Banks and makes its contributions into it.
Astrobank Limited is headquartered in LEFKOSIA.