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Cyprus Development BankDescription: The Cyprus Development Bank was established in 1963 as a public company to promote economic development in Cyprus by mobilising and allocating scarce human and capital resources. 1963 – 1974 Building a portfolio CDB's financing activities covered a very broad spectrum of the economy's productive sectors, with emphasis on the fields of manufacturing and industrial processing. Capital was provided in the form of medium and long-term loans as well as equity and venture capital.
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