By decision of the General Meeting held on August 30, 2018, the Cyprus Cooperative Bank Ltd was renamed the Cooperative Asset Management Company Ltd (SEDIPES).

SEDIPES is a registered company based on the Law on Cooperative Companies and is the parent company of the Cyprus Asset Management Company (KEDIPES) and of the CCSRE Real Estate Company Ltd.

On January 28, 2019, SEDIPES has obtained:

  • License of the Credit Redemption Company (license no. and
  • License of a Non-Credit Institution (license no.