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EXNESS is prepared for any change in the situation in Cyprus

EXNESS is prepared for any change in the situation in Cyprus

Dear Clients and Partners,

Given the possibility of a tax being introduced in the Republic of Cyprus to stabilize the nation's economy, the EXNESS team wants its clients to know that it is prepared for any turn of events.As it is well-known, on March 19 the Cyprus parliament rejected a bill that would have introduced a one-time tax on bank deposits made in the country. Even if the parliament reverses its decision and the bill is reintroduced, this will in no way affect EXNESS's clients.
In the event that funds are written off of the company's account because of a decision by the government of the Republic of Cyprus, the company will compensate for the funds from its own reserves. In order to avoid similar unstable situations in the future, our management is considering reducing the use of Cyprus bank accounts. However, no matter what happens, our clients will not be drawn into what is happening with the Cyprus banking system.
The EXNESS management team is closely monitoring the financial situation in Cyprus and is prepared to quickly take any actions necessary to fulfill its obligations and guarantees to its European clients.

22 Mar 2013
EXNESS Press Service
 
Dear Clients and Partnes,

Given the possibility of a tax being introduced in the Republic of Cyprus to stabilize the nation's economy, the EXNESS team wants its clients to know that it is prepared for any turn of events.As it is well-known, on March 19 the Cyprus parliament rejected a bill that would have introduced a one-time tax on bank deposits made in the country. Even if the parliament reverses its decision and the bill is reintroduced, this will in no way affect EXNESS's clients.
In the event that funds are written off of the company's account because of a decision by the government of the Republic of Cyprus, the company will compensate for the funds from its own reserves. In order to avoid similar unstable situations in the future, our management is considering reducing the use of Cyprus bank accounts. However, no matter what happens, our clients will not be drawn into what is happening with the Cyprus banking system.
The EXNESS management team is closely monitoring the financial situation in Cyprus and is prepared to quickly take any actions necessary to fulfill its obligations and guarantees to its European clients.

22 Mar 2013
EXNESS Press Service
 
Commentary

We publish information about the five most important events
happened last week on the market.

1. Euro Advances as Cyprus Bailout Approved; Yen Weakens.

The euro rose versus most of its major counterparts as finance ministers from the currency union approved a bailout plan for Cyprus, reducing the risk of a default and a disorderly exit for the nation.
Read more: http://www.bloomberg.com/news/2013-...ar-as-cyprus-bailout-deadline-approaches.html.

2. Payrolls Growth Vault to Higher Pace at U.S. Companies.

At Industrial Builders Inc., Paul Diederich plans to boost payrolls about 10 percent this year.

“The economy is on the rebound,” said the president of the West Fargo, North Dakota-based heavy-construction company. “We have some projects in our backlog.”
Read more: http://www.bloomberg.com/news/2013-03-25/payrolls-growth-vault-to-higher-pace-at-u-s-companies.html.

3. Pound Rises to Month-High Versus Dollar on U.K. House-Price Data.

The pound rose to its highest level against the dollar in a month as a report showed U.K. house prices climbed the most in three years in March.
Read more: http://www.bloomberg.com/news/2013-...gh-versus-dollar-on-u-k-house-price-data.html.

4. South Korea Escalates Concern With Japan Policies on Yen.

South Korea’s newly appointed finance minister, Hyun Oh Seok, revived his nation’s concerns over weakness in the yen and said that the Group of 20 nations should revisit the issue.
Read more: http://www.bloomberg.com/news/2013-...oncern-with-japan-policies-as-yen-slides.html.

5. Aussie Dollar Remains Higher as Banks Safe Amid Cyprus Turmoil. The Australian dollar remained higher, maintaining three weeks of gains, as investors speculated the nation’s banks will be untouched by concerns in Europe that bank deposits are under threat.
Read more: http://www.bloomberg.com/news/2013-...higher-as-banks-safe-amid-cyprus-turmoil.html.
 
EXNESS is prepared for any change in the situation in Cyprus

Dear Clients and Partners,

Given the possibility of a tax being introduced in the Republic of Cyprus to stabilize the nation's economy, the EXNESS team wants its clients to know that it is prepared for any turn of events.

As it is well-known, on March 19 the Cyprus parliament rejected a bill that would have introduced a one-time tax on bank deposits made in the country. Even if the parliament reverses its decision and the bill is reintroduced, this will in no way affect EXNESS's clients.

In the event that funds are written off of the company's account because of a decision by the government of the Republic of Cyprus, the company will compensate for the funds from its own reserves. In order to avoid similar unstable situations in the future, our management is considering reducing the use of Cyprus bank accounts. However, no matter what happens, our clients will not be drawn into what is happening with the Cyprus banking system.

The EXNESS management team is closely monitoring the financial situation in Cyprus and is prepared to quickly take any actions necessary to fulfill its obligations and guarantees to its European clients.
 
Jom join Exness anda pasti berpuashati
 
EXNESS is prepared for any change in the situation in Cyprus

Dear Clients and Partners,

Given the possibility of a tax being introduced in the Republic of Cyprus to stabilize the nation's economy, the EXNESS team wants its clients to know that it is prepared for any turn of events.

As it is well-known, on March 19 the Cyprus parliament rejected a bill that would have introduced a one-time tax on bank deposits made in the country. Even if the parliament reverses its decision and the bill is reintroduced, this will in no way affect EXNESS's clients.

In the event that funds are written off of the company's account because of a decision by the government of the Republic of Cyprus, the company will compensate for the funds from its own reserves. In order to avoid similar unstable situations in the future, our management is considering reducing the use of Cyprus bank accounts. However, no matter what happens, our clients will not be drawn into what is happening with the Cyprus banking system.

The EXNESS management team is closely monitoring the financial situation in Cyprus and is prepared to quickly take any actions necessary to fulfill its obligations and guarantees to its European clients.

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