MeritKapital Ltd is Immune to Cypriot Deposit Tax

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All client holdings of MeritKapital Ltd, securities and cash alike, are held with reputable foreign and non Cyprus based custodians and are thus entirely unexposed.

All client holdings of MeritKapital Ltd are held with reputable foreign and non Cyprus based custodians and are thus entirely unexposed.

Subsequent to the Euro group meeting on March 15th, a predominant focus of the global financial and political community has been the ongoing bailout negotiations of Cyprus.

MeritKapital Ltd (#077/06) is pleased to announce that all its client holdings, securities and cash alike, are held with reputable foreign and non Cyprus based custodians and are thus entirely unexposed. Moreover, MeritKapital Ltd remains fully operational and is not affected by the extended Cyprus bank holiday the Central Bank of Cyprus has directed.

We maintain numerous accounts with reputable financial institutions with counterparts in London, Austria, Latvia and Moscow amongst others.

Please do not hesitate to contact Persella Ioannides, info(at)meritkapital(dot)com should any queries arise.

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Persella Ioannides
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