The strengthening of bilateral relations between India and Cyprus, the positioning of Cyprus as a regional services hub, and Eurobank’s pivotal role in shaping the financial corridor between the two economies were underscored at the India–Cyprus Summit 2026: A Dialogue on Investment, Innovation and Human Capital, organized by the High Commission of India in Cyprus.
Eurobank’s participation highlighted its role as a key financial enabler of India–Greece–Cyprus cooperation. Over the past two years, the Eurobank Group has emerged as one of the most active European banking organizations with substantive engagement in the world’s fastest-growing major economy, leveraging its strong capital base, extensive expertise in banking, investments and insurance services, as well as its broad European footprint.
At the core of Eurobank’s India strategy is the India–Greece–Cyprus (IGC) Business & Investment Council, established at the Bank’s initiative in cooperation with the Indian Chamber of Commerce and institutional stakeholders from the three countries. The IGC operates as a coordinated platform to promote trade and investment in high value-added sectors, including infrastructure, technology, energy, shipping, financial services, tourism, and innovation.
Sanjay Tugnait, President & CEO, Fairfax Digital Services, stated: “The IGC represents a strategic commitment to building Intelligent Infrastructure as the foundation of long-term growth. Financial connectivity must be matched by digital capability, resilient data architecture, and trusted AI systems. Investment in intelligent infrastructure is not optional; it is the underlying pillar of economic strength and societal progress in the digital era. Those who build it with foresight and discipline will help shape a more secure and prosperous future.”
During a series of meetings, the Chief Executive Officer of Eurobank Limited, Michalis Louis, referred to the milestone of establishing a Representative Office in the financial hub of Mumbai, a development that makes Eurobank the first Greek and Cypriot banking group with a physical presence in India. “We are deeply committed to supporting and accelerating this collaboration. As part of our strategic vision, we look forward to the opening of Eurobank’s Representative Office in Mumbai in March. This milestone marks our long-term commitment to India and our intention to create strong financial bridges facilitating Indian businesses’ access to Europe through Cyprus,” he said.
During the conference, Dr. Konstantinos Vrachimis, Manager, Economic Research at Eurobank, moderated a panel discussion that explored the key aspects and current trends shaping the commercial relations between the two countries, along with the potential for future collaboration and deeper economic engagement.
Through targeted initiatives, a physical presence in the Indian market, and deep integration with the European ecosystem, Eurobank is actively contributing to the development of a stable and growth-oriented financial corridor connecting India with Europe.
