Global Finance, one of the leading international banking and finance media outlets, has named Bank of Cyprus the winner of 11 awards in its 2025 World’s Best Digital Bank Awards.
This includes two awards for Western Europe:
- Best in Social Media Marketing and Services, which reflects the efforts of the Bank’s dedicated social media teams, and;
- Best in Transformation, which recognises the Bank’s leading role in shaping the digital transformation of the Cypriot economy through its B2B and B2C digital economy platform, Jinius.
In a press release, Bank of Cyprus said the awards recognise the significant efforts the bank has made to provide its customers with industry-leading digital products and services as well as enhanced features and user experience.
Over the past 18 months, Bank of Cyprus has introduced several innovative products and services, such as:
- Digital Housing Loan, with its digital application process and instant decisions;
- Fleksy, the buy now pay later solution with flexible repayment plans and automated decision making;
- Joey, the banking app for 9 to 17 year olds, enabling teenagers to spend and save money with parental supervision and controls;
- the B2C marketplace on Jinius, which includes 232 retailers and 355,000 products across all categories. The B2C marketplace on Jinius, which includes over 270 retailers and approx. 500,000 products across all categories.
The Bank’s investment in its digital offerings is paying off with a record 230,000 unique customer logins and significant increases in digital sales in the first half of 2025. For example, digital loans increased by 24% from €135m to €167m in the first half of 2025.
Commenting on the awards, Panicos Nicolaou, CEO of Bank of Cyprus, said: “I am delighted that the investment that we have made and continue to make in digital transformation, and the benefits this is having for our customers, has been recognised so completely at the national and regional levels by a leading international banking and finance publication. This demonstrates that Bank of Cyprus is not only leading digital transformation in Cyprus but is also helping to drive digital transformation in Western Europe.”
Joseph D. Giarraputo, founder and editorial director of Global Finance stated: “As digital banking continues to evolve at a rapid pace, financial institutions around the world are embracing AI, cloud technology, and mobile-first strategies to deliver seamless, secure, and highly personalised experiences. The winners of Global Finance’s 2025 World’s Best Digital Bank Awards exemplify the innovation and leadership shaping the future of banking.”
Significant recognition for Bank of Cyprus in Global Finance’s 2025 World’s Best Digital Bank awards 2025
Representing the Bank, Chief Digital Officer Demetris Nicolaou officially accepted the awards during the ceremony held in London.
Awards won in the Consumer categories
- Best in Social Media Marketing and Services - Western Europe
- Best in Social Media Marketing and Services – Cyprus
- Best Consumer Digital Bank – Cyprus
- Best Integrated Consumer Banking Site – Cyprus
- Best Online Product Offerings – Cyprus
- Best Mobile Banking App – Cyprus
- Best in Lending – Cyprus
- Best in Transformation – Cyprus
Awards won in the Corporate and Institutional categories
- Best in Transformation - Western Europe
- Best in Transformation - Cyprus
- Best Corporate / Institutional Digital Bank - Cyprus
Global Finance’s articles, with the list of winners of the corporate/institutional and consumer digital bank awards, can be seen here and here respectively.
