USB Bank

Nicosia, Cyprus Founded: 1925 • Age: 101 yrs Acquired By AstroBank
Commercial banking services are provided in Cyprus since 1925.
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About USB Bank

USB Bank is a company based in Nicosia (Cyprus) founded in 1925 was acquired by AstroBank in July 2018.. USB Bank operates in a competitive market with competitors including Scotiabank, Hellenic Bank, Bank of Cyprus, AstroBank and Kreissparkasse Biberach, among others.

  • Headquarter Nicosia, Cyprus
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    AstroBank

    (Jul 01, 2018)

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Funding Insights of USB Bank

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in USB Bank

USB Bank has secured backing from 1 investor. Prominent investors backing the company include AstroBank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Commercial banking services are offered in Cyprus.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by USB Bank

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - USB Bank

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Usb Bank Comparisons

Employees
+
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Competitors of USB Bank

USB Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, Hellenic Bank, Bank of Cyprus, AstroBank and Kreissparkasse Biberach, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Commercial banking services are provided internationally by Scotiabank.
domain founded_year HQ Location
Commercial banking services are provided in Cyprus by Hellenic Bank.
domain founded_year HQ Location
Banking and financial services are provided by Bank of Cyprus.
domain founded_year HQ Location
Commercial banking services are offered in Cyprus.
domain founded_year HQ Location
Provides retail and business banking services with online platforms and financial products.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Usb Bank

Frequently Asked Questions about USB Bank

When was USB Bank founded?

USB Bank was founded in 1925.

Where is USB Bank located?

USB Bank is headquartered in Nicosia, Cyprus.

What does USB Bank do?

USB Bank was established in 1925 in Nicosia, Cyprus, as a commercial banking institution. Core operations are centered on deposit accounts, lending, and payment services for businesses and individuals. The bank functions within the financial sector, adhering to local regulations, with its primary activities based in Cyprus. Digital platforms are maintained via the domain usbbank.com.cy to support client transactions and advisory needs.

Who are the top competitors of USB Bank?

USB Bank's top competitors include Scotiabank, Hellenic Bank and Bank of Cyprus.

Who are USB Bank's investors?

USB Bank has 1 investor. Key investors include AstroBank.

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