Cyprus retains competitive edge in financial services sector, Russian investors assured
6/2/2012 10:28
Cyprus has retained its competitive advantages as a prime financial centre despite global economic adversity and competition from other countries, Russian investors and professionals were assured this week at a high-level seminar in Moscow, jointly staged by Marfin Laiki Bank and Totalserve Management Ltd.
Despite the chilling ( -20 degrees Celsius weather), more than 130 invitees, lawyers, accountants, wealth managers, bankers and high net worth individuals attended the seminar, held on Wednesday 1st February 2012, at the Ararat Park Hyatt Moscow.
Themed ‘Cyprus: The Preferred Gateway for Russian Investments – Rising Above Global Economic Adversity,’ the seminar examined how and why Cyprus is used for inward and outward investmens in Russia and other CIS countries. Among the issues that were covered were also the stability of the Cyprus banking system, the various measures Cyprus has taken to tackle the world economic crisis and the latest business and regulatory developments between the two countries. The seminar also addressed how Russian high net worth individuals could best manage their wealth.
The seminar was addressed by Miltos Michaelas, Group Director International Business Banking & Russia Marfin Laiki Bank, Kyriacos Michaelides, Divisional Director Wealth Management of Marfin Laiki Bank, Peter G. Economides, Chairman of Totalserve Management and Petros Rialas, Director and Head of Totalserve’s International Tax Planning Department.
The seminar was also addressed by Senior Manager of Totalserve’s Luxembourg Office, Keimpe Reitsma
The two companies’ guests were welcomed by the Cyprus Consul in Russia, Sevag Avedissian who expressed his satisfaction about the high attencance to this event.
Marfin Laiki and Totalserve Management are considered leaders in the fields of banking and tax and corporate services, respectively in Cyprus.
High attendance at the Moscow seminar themed ‘Cyprus: The Preferred Gateway for Russian Investments – Rising above Global Economic Adversity’ by Russian investors.
Mr. Peter G. Economides, Chairman of Totalserve Management, Mr Miltos Michaelas, Group Director International Business Banking & Russia Marfin Laiki Bank, Mr. Kyriacos Michaelides, Divisional Director Wealth Management of Marfin Laiki Bank, Mr. Petros Rialas, Director and Head of Totalserve’s International Tax Planning Department and the Senior Manager of Totalserve’s Luxembourg Office, Mr. Keimpe Reitsma, addressing the seminar.
Despite the chilling ( -20 degrees Celsius weather), more than 130 invitees, lawyers, accountants, wealth managers, bankers and high net worth individuals attended the seminar, held on Wednesday 1st February 2012, at the Ararat Park Hyatt Moscow.
Themed ‘Cyprus: The Preferred Gateway for Russian Investments – Rising Above Global Economic Adversity,’ the seminar examined how and why Cyprus is used for inward and outward investmens in Russia and other CIS countries. Among the issues that were covered were also the stability of the Cyprus banking system, the various measures Cyprus has taken to tackle the world economic crisis and the latest business and regulatory developments between the two countries. The seminar also addressed how Russian high net worth individuals could best manage their wealth.
The seminar was addressed by Miltos Michaelas, Group Director International Business Banking & Russia Marfin Laiki Bank, Kyriacos Michaelides, Divisional Director Wealth Management of Marfin Laiki Bank, Peter G. Economides, Chairman of Totalserve Management and Petros Rialas, Director and Head of Totalserve’s International Tax Planning Department.
The seminar was also addressed by Senior Manager of Totalserve’s Luxembourg Office, Keimpe Reitsma
The two companies’ guests were welcomed by the Cyprus Consul in Russia, Sevag Avedissian who expressed his satisfaction about the high attencance to this event.
Marfin Laiki and Totalserve Management are considered leaders in the fields of banking and tax and corporate services, respectively in Cyprus.
High attendance at the Moscow seminar themed ‘Cyprus: The Preferred Gateway for Russian Investments – Rising above Global Economic Adversity’ by Russian investors.
Mr. Peter G. Economides, Chairman of Totalserve Management, Mr Miltos Michaelas, Group Director International Business Banking & Russia Marfin Laiki Bank, Mr. Kyriacos Michaelides, Divisional Director Wealth Management of Marfin Laiki Bank, Mr. Petros Rialas, Director and Head of Totalserve’s International Tax Planning Department and the Senior Manager of Totalserve’s Luxembourg Office, Mr. Keimpe Reitsma, addressing the seminar.
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