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.
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 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 Nicosia.