The agreement targets new business relationships across Cyprus, Greece and Israel, with a particular focus on international companies, shipping, professional advisers and family offices.
Hamilton Reserve Bank has entered into an independent marketing and prospective-client referral agreement with SEE Capital Hamilton Ltd, based in Nicosia.
The cooperation is intended to support the development of new business relationships across Cyprus, Greece and Israel, strengthening the bank’s visibility among companies, investors and professional advisers operating in the Eastern Mediterranean.
Focus on Cyprus, Greece and Israel
The agreement reflects the growing importance of Cyprus as a regional centre for international business, financial services, shipping, investment management and professional advisory services.
Cyprus provides a strategic connection between the European Union, Israel and the wider Middle East, supported by an established network of law firms, accounting practices, corporate service providers, investment firms and family offices.
Hamilton Reserve Bank said it is interested in considering the international banking requirements of:
- Shipowners and shipping companies
- International businesses
- Law firms and professional advisers
- Family offices
- Bankers and financial consultants
- Investors operating across Southern Europe and Israel
The inclusion of shipping is particularly relevant to Cyprus and Greece, which both maintain significant positions within the global maritime sector.
Referral Arrangement, Not a Cyprus Banking Operation
The parties have clarified that the agreement does not establish Hamilton Reserve Bank as a bank operating in Cyprus. SEE Capital Hamilton is not a bank, branch, representative office or licensed deposit-taking institution. It will not provide banking services, accept deposits, approve prospective customers or open bank accounts.
Any banking services will be provided exclusively by Hamilton Reserve Bank. Prospective clients introduced through the agreement will remain subject to the bank’s own eligibility requirements, customer due diligence, anti-money laundering controls and independent approval procedures.
The distinction is important because a credit institution authorised in a country outside the European Union must obtain the necessary regulatory approval before operating through a branch in Cyprus. The Central Bank of Cyprus maintains the official framework governing the establishment and operation of credit institutions in the Republic.
The agreement should therefore be understood as a marketing and business-introduction arrangement rather than the establishment of a regulated banking presence in Cyprus.
Digital International Banking Platform
Hamilton Reserve Bank is headquartered in Nevis, within the Federation of Saint Kitts and Nevis.
According to information published by the bank, it serves clients from approximately 150 countries and supports transactions across 126 currencies and 15 languages. Hamilton Reserve Bank also reports more than US$20 billion in deposits and assets under custody.
These figures have been provided by the bank and have not been independently verified by CyprusBusiness.com.
The bank operates a digital banking platform supported by Temenos technology, through which it provides international banking, custody, wealth management, escrow, treasury and related services, subject to its regulatory and compliance procedures.
SEE Capital Hamilton is described as a private corporate finance, investment and strategic advisory firm providing business development, market research and market-introduction services.
Strengthening Cyprus’s Regional Business Role
The agreement demonstrates how Cyprus-based advisory firms can support international financial institutions seeking access to business networks across Southern Europe and the Eastern Mediterranean.
Cyprus’s EU membership, international professional-services sector, shipping ecosystem and close commercial links with Greece and Israel make the country a natural base for regional business development.
Although the agreement does not create a new bank or banking branch in Cyprus, it may generate additional international connections for Cypriot businesses, shipowners, investors, family offices and professional advisers seeking cross-border financial solutions.
The development further reinforces Cyprus’s position as a platform for connecting international capital, professional expertise and commercial opportunities across Europe and the wider region.