Nicosia, Cyprus. Cyprus is a mature and reliable choice for investors seeking access to the European Union, institutional security, and prospects for long-term returns, Keve secretary general Philokypros Roussounides said. He made the comments while addressing the Money Conference on Wednesday.
EU-aligned regulatory framework
Roussounides said “the regulatory and supervisory framework of Cyprus is fully aligned with the European regulatory environment”. He added that the compliance enhances transparency, limits systemic risk, and creates a safe and predictable environment for both institutional and private investors.
Banking sector restructuring and digital transformation
Roussounides said the Cypriot banking system has undergone deep restructuring and consolidation. He highlighted the stability of the supervisory environment and the digital transformation of the financial sector as key factors in the country’s progress.
Attracting technology and financial services companies
Roussounides said Cyprus is gradually emerging as an attractive destination for technology and financial services companies seeking access to the European market from a flexible and competitive environment.
Sustainable finance and diversification of growth
Referring to sustainable finance, Roussounides said Cyprus is investing strategically in diversifying its growth model. He said that beyond tourism and traditional services, the sectors of energy, shipping, technology, professional services and international business activities are developing dynamically.
Infrastructure, procedures and incentives
Roussounides said improvements in infrastructure, the simplification of procedures, and investment incentives are further enhancing the country’s attractiveness.
Keve response
Roussounides said Keve, which plays a leading role in the country’s economic affairs, welcomes the positive developments in the economy and the financial sector.
What do you see as the main factor shaping Cyprus’ attractiveness to investors?