Moneycorp is continuing its ambitious international expansion with the opening of a new office in Cyprus. The Cyprus property market is proving to be one of the fastest growing property markets within Europe, with people buying homes and real estate for investment purposes.
The Cyprus office is Moneycorp’s fourth new overseas office in the last two years. It will offer local clients and local-based expatriates with a full range of services, including account management, advice and support. It will allow Moneycorp to further develop relationships with professionals in the Cyprus property and migration sectors.
Vasilios Dimarakis, Head of Overseas Operations says, “The property market in Cyprus has been something of a phenomenon in recent years. The market is now showing stable but healthy growth with the promise of more good things to come as the country prepares to adopt the Euro currency on 1st January 2008”.
“By opening a new office in Cyprus we are able to provide local support and assistance to vast expatriate communities and our local referring partners. Overall, the expansion underlines our commitment to fully capitalising on this growing market.”
Moneycorp is a trading division of the TTT Moneycorp Group, which was established in 1979 and last year traded in excess of GBP7.5 bln in currencies. The Company is part-owned by The Royal Bank of Scotland Group and has been accredited to ISO 9000 quality assurance since 1996, a unique achievement in the foreign exchange industry.Moneycorp is the UK's leading foreign exchange company and provides tailored foreign exchange services to help individuals save money on their overseas currency transfers.
Source: Financial Mirror
