Founded in 1995, RCB Bank (formerly Russian Commercial Bank) has been operating in Cyprus for more than 20 years. The bank uses a universal banking model to serve local and international clients. RCB Bank offers corporate, investment and retail products and services.
Becoming a client of RCB Bank Ltd can be done in a few steps:
Due to regulatory requirements RCB Bank Ltd performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual RCB Bank Ltd will ask him/her to provide the following documents: passport or ID card; utility bill, house insurance or bank statement. For corporate clients RCB Bank Ltd will ask to provide corporate documentation as well as information about controlling persons. RCB Bank Ltd may request additional documentation or information depending on the case. RCB Bank Ltd performs client's identity verification via branch visit.
RCB Bank Ltd is the 3rd largest bank in Cyprus in terms of total assets. In 2019 its total assets were 4 705,26 mln EUR. In 2019 the bank's net income was 43,61 mln EUR.
RCB Bank Ltd is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Ba2 (non-investment grade speculative).
RCB Bank Ltd 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. RCB Bank Ltd is a member of Deposit Guarantee Fund for Banks and makes its contributions into it.
RCB Bank Ltd is headquartered in Limassol.