this article appears to have a close connection with its subject . it may require cleanup to comply with wikipedia s content policies particularly neutral point of view . please discuss further on the talk page . september 2016 learn how and when to remove this template message cyprus development bank type public industry finance founded 1963 headquarters nicosia cyprus area served cyprus key people kyriacos papadopoulos ceo kyriacos christofi chairman products consumer banking corporate banking investment banking mortgage loans private banking wealth management subsidiaries novasys information services investment bank of kuban enalion environmental management centre cdb capital website cdb bank the cyprus development bank cdb was established in 1963 as a public company to promote economic development in cyprus . its main shareholders were the republic of cyprus and the european investment bank . it has been privatized in 2008 . 1 in june 2007 the government of cyprus invited expressions of interest on friday to dispose of its majority stake . 2 cdb s assets in 2007 stand at cyp 231 million . 3 in 2008 the bank was fully privatized and no longer belongs to the cypriot state . references edit milestones in our history . the cyprus development bank . retrieved 2007 06 15 . cyprus dev bank tenders for 81 % stake sale released . financial mirror . 2007 06 14 . archived from the original on 2007 09 28 . retrieved 2007 06 15 . cyprus seeks investors for development bank . reuters . the economic times fri 15 june 2007 . 15 june 2007 . retrieved 2007 06 15 . retrieved from https en.wikipedia.org w index.php title cyprus development bank & oldid 741481674 categories banks of cyprusbanks established in 19631963 establishments in cyprushidden categories wikipedia articles with possible conflicts of interest from september 2016 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 27 september 2016 at 19 38 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view