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.
RCB Bank Ltd is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is B1 (highly speculative).
RCB Bank Ltd participates in deposit guarantee scheme of Cyprus. This scheme covers accounts up to 100 000 EUR per bank per depositor.
RCB Bank Ltd is headquartered in Limassol.
|local and international clients|
|retail, corporate and investment banking|
|time deposit accounts (0.75 - 0.75 %)|
RCB Bank Ltd provides services in the area of retail, corporate and investment banking. The range of products offered by RCB Bank Ltd includes time deposit accounts (0.75 - 0.75 %). RCB Bank Ltd makes its solutions available to local and international clients.
Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).
Time deposit accounts made with RCB Bank Ltd are covered by deposit guarantee scheme of Cyprus up to 100 000 EUR per depositor. RCB Bank Ltd offers the following time deposit accounts.
Updated on 17 December 2018
Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.
|- (not rated)||B1 (highly speculative)|
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. RCB Bank Ltd is rated by Moody's.
Credit ratings assigned to RCB Bank Ltd as of May 2018 are shown in details in the following sections.
Long-term rating for RCB Bank Ltd it is set to B1 (highly speculative). Long-term bank deposit rating is B1 (highly speculative). Baseline credit assessment is b2. Short-term rating is not assigned.
|Long-Term Bank Deposit Rating||B1|
|Baseline Credit Assessment||b2|
Outlook for the ratings of RCB Bank Ltd is set to stable (not likely to change).
|Yes (up to 100 000 EUR per depositor)|
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All credit institutions operating in Cyprus are obliged to participate in Cyprian deposit guarantee scheme.
In the case of RCB Bank Ltd failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Maximum Protected Amount||100 000 EUR|
|Paid In Currency||EUR|
BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.
A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).
BIC of RCB Bank Ltd and its components are shown in the table below.
|Bank BIC Code||RCBL|
|Country Code||CY (Cyprus)|
MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.
The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.
MFI ID of RCB Bank Ltd is shown in the table below.