EYATH, LTA for a Cypriot bank

EYATH has taken the role of Lenders Technical Advisor (LTA) of the Cypriot bank “AstroBank” for loaned biological treatment projects.

Through its subsidiary, EYATH Services SA, and with the deep know-how and experience of its executives, EYATH undertakes the technical support of the Bank of Cyprus in borrowed infrastructure projects related to its object (facilities, sewerage networks, etc.). The first project to be evaluated is the new Paralimni – Agia Napa wastewater treatment plant.

“As part of the extroversion strategy we follow, we are going to cooperate with the Cypriot bank on issues such as sewerage, which is our specialty. The bank thus reduces its financial risk and we expand our business object by adding value to the technical knowledge of our executives “, clarified for this new cooperation the CEO of EYATH, Anthimos Amanatidis.

The contract for the provision of LTA services was signed on Monday, September 6th, 2021.



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