Ancoria Bank Limited

Contacts 
    Address  12, Demostheni Severi Avenue, 1080, Nicosia, Cyprus
Start Date  December 2014
Deposit Guarantee  Yes (up to 100 000 EUR per depositor)
Bank Identifiers
    BIC (SWIFT)  ANCOCY2N
    MFI ID  CY110022

Ancoria Bank Limited is located at Cyprus, Nicosia. It is one of 64 credit institutions operating in Cyprus.

Deposit Guarantee

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 Ancoria Bank Limited 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

Further Information: Deposit Guarantee Scheme in Cyprus

ECB Minimum Reserves Requirements (MRR)

Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.

Subject to MRR by ECB  Yes
Exempt from MRR by ECB  No

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

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 Ancoria Bank Limited and its components are shown in the table below.

BIC  ANCOCY2N
Bank BIC Code  ANCO
Country Code  CY (Cyprus)
Location Code  2N
Branch Code  -

MFI ID

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 Ancoria Bank Limited is shown in the table below.

MFI ID  CY110022

Related Information on Cyprus

  Economy and Banking Sector of Cyprus

  List of Banks in Cyprus

Country Information

  Economy and Banking Sector of Cyprus

  List of Banks in Cyprus


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