I was recently introduced to Eftichios by a very good friend Andy. Naturally working with the hospitality industry I’m led to believe that many people are finding life hard at the moment, what with lockdowns and restrictions, no work, making life and finances difficult for numerous people all over the world. So I wanted to find out more about this impressive companies’ services.
Over a nice coffee owner and founder ‘Eftichios Papaeftychiou’ explained he specialises in Bank Restructuring, Bank Rescheduling, Asset Management and Financial Services. His qualifications seemed to be undisputable having graduated in Chartered Banking at University of Manchester, then working at The Bank of Cyprus for 13 years followed by 5 years in the Credit Department at Astro Bank Cyprus. I was very impressed with his credentials.
From what Eftichios told me; It seems over the past decade, banks have become a bit concerned and have asked their clients to reduce their debts. This means that some of our private and commercial clients’ have had to put extra money aside to pay back their debts and this creates difficulties and not just on their working capital. Inevitably this also slows down expansion, makes you think twice about new business ventures, hiring new employees, or stops you investing in research and development aka R&D. To help balance these situations they offer financial relief, by helping their clients refinance their existing mortgages, whether personal or commercial.
Launching A.E.Z Trust & Upper Quality Services in 2009 Eftichios has helped provide financial solutions to over 500 people and businesses that have found current circumstances making it difficult and in some cases impossible to meet their obligations for their mortgages and loans’ This is often due to their circumstances changing and occasionally they’ve helped people that were falsely led into irresponsible lending.
Naturally I was intrigued so I delved deeper; Eftichios explained “I know the system inside and out and I understand the mechanics having worked for over 20 years in Corporate Services and Banking sector in particular” … he went on to explain “we are also members of The Association of Chartered Institute of Bankers”.
I asked how it all works?, Eftichios said; “we normally start with a Skype or Viber call, followed by a face to face meeting”. Then we create feasibility studies, forecasting, financial planning and if need be, we’ll even travel to the UK and Europe to meet with our clients before proceeding with an assessment of securities finished with a proposal of the solution.
I asked if he can help clients who are already or about to attend court and he explained “we have offered our support there many times” he continued, “we’ll help find the irregularities, discrepancies and bad bank practices”, boasting, “all we need is a few bullet points to understand the big picture and so far, we have never lost a case” … a 100% record sounds irreputable!
I was enlightened on many subjects during our meeting and had to ask … Eftichios explained “naturally from the initial assessments our clients need to provide the security to assist with the solution and that in accordance with the Code of Banking Practices, both parties are obliged to act in good faith”.
Time to Rethink
Their services are extensive to say the least and I believe Eftichios was certainly qualified, and experienced enough and proficient in the way he serves the public, business and corporations, especially if you’re finding life a little tough and could do with a rethink on your finances and repayments … Here’s a link to Debt Restructuring.
Open all year
Monday to Friday
8 am ’til 5 pm
You’ll find A.E.Z Trust & Upper Quality Services Ltd., at 16, Katsoni Street, Room 303, 3rd floor, Achilleion Building 2, 1082, Nicosia … it’s close to the Embassy of The Chech Republic … Click on the Google Map Icon below
GPS: 35.160620, 33.356162
‘Banking is an Art’