Nicosia, Cyprus. Alpha Bank Cyprus announced that it hosted a special event in Nicosia on Tuesday to unveil a new specialised unit aimed at strengthening its services for institutional clients with complex liquidity and capital management requirements. The event also focused on financial market developments, the investment landscape and the bank’s enhanced proposition for institutional clients.
Event and participants
The event brought together representatives from organisations, companies, provident and pension funds, as well as executives from Alpha Bank Cyprus and Alpha Asset Management.
New specialised unit
As part of the event, the bank presented its newly established Institutional Wealth & Private Agency, created to provide more targeted and comprehensive services to institutional clients.
According to the bank, the initiative combines its knowledge of the Cypriot market with the expertise of the wider Alpha Bank Group and the capabilities of Alpha Asset Management.
The bank said the creation of the new unit represents a strategic initiative and another step in its development as a trusted partner for organisations managing capital with increased requirements, institutional responsibilities and long-term investment horizons.
Service framework
Through the Institutional Wealth & Private Agency, Alpha Bank Cyprus has established a unified service framework covering liquidity management, deposit and investment solutions, access to investment products, execution and custody services, advisory support and other specialised services.
Chief executive statement
In his address, Alpha Bank Cyprus chief executive officer Miltos Michaelas said that the new unit represents a substantial investment in people, expertise and capabilities designed to enhance the value offered to clients.
“At Alpha Bank Cyprus, we view our relationship with institutional clients as a partnership based on trust, market knowledge and the ability to provide targeted solutions,” Michaelas said.
“The new unit was created to serve institutional clients in a more focused and comprehensive way, combining knowledge of the Cypriot market with the expertise and capabilities of the Alpha Bank Group,” he added.
