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An Offshore Bank in Cyprus is just a bank where you can open a bank account!

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Cyprus Company Formation
Dec 30, 2008
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An offshore bank in Cyprus *is just a bank where you can open an account but it’s not in the country where you reside. They offer their clients defense against any sort of local political or monetary stability and have a bigger access to deposits.The bulk of* offshore banks are found on island states ; [...]


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ehhh, what type of article is this? Looks strange to me, difficult to get the meaning of it.
 
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