Eurobank has been named Best Bank in Cyprus for 2026 by the international organisation Euromoney, while also winning the Best Bank for Large Businesses award, confirming its leading role in the Cypriot banking system.
The top distinctions, a relevant announcement continues, were awarded in the framework of the Awards for Excellence 2026, one of the most recognised and prestigious institutions worldwide in the financial services sector. This double success is a significant international recognition of Eurobank's strategic initiatives, business performance and transformational path.
The assessment covered the period from 1 January, 2025 to 31 December, 2025 and highlighted the Bank's significant achievements, including:
• The completion of the legal merger of Hellenic Bank and Eurobank Cyprus and the creation of Eurobank Limited, the largest banking and insurance organisation in Cyprus, with total assets exceeding €28 billion.
• Strong growth in corporate banking, with the corporate lending portfolio recording an annual increase of approximately 17% in 2025.
• Further expanding the customer base, serving more than 710,000 private customers and 11,500 business customers in Cyprus.
• Accelerating digital transformation, with over 96% of transactions taking place through digital channels and the majority of financing applications being submitted via the mobile application.
• The expansion of the Group's international presence, with the operation of Eurobank's first Representative Office in India, strengthening the strategic Cyprus-India connection and highlighting the role of Cyprus as a gateway to the European Union for Indian businesses and investors.
According to Euromoney, Eurobank stood out for the successful completion of one of the most important banking transactions in the Cypriot market, its strong business growth, the effective implementation of digital transformation and its contribution to strengthening Cyprus' international investment and business profile.
Commenting on the awards, Eurobank’s CEO, Michalis Louis, said: “Euromoney’s distinctions confirm Eurobank’s dynamic course and the successful implementation of our Group’s strategy in Cyprus. 2025 was a landmark year as we successfully completed the merger of Hellenic Bank and Eurobank Cyprus, creating the country’s largest banking and insurance organization, and further strengthening our ability to support households, businesses and the local economy. At the same time, we accelerated our digital transformation, invested in innovation and strengthened Cyprus’ position as an international business and financial center. A particularly important step is the operation of Eurobank’s Representative Office in India, the first physical presence of a Greek or Cypriot bank in the country, opening new channels of development, cooperation and investment opportunities between India, Cyprus and Europe.
This double distinction reflects the commitment and professionalism of our people, as well as the solid support of the Eurobank Group, whose strategy, expertise and continuous investments contribute decisively to the creation of a strong organization with a leading position in the market. The recognition from Euromoney confirms that our choices create value for customers, the economy and society, and is an incentive for us to continue to innovate and grow.”
(Source: InBusinessNews)
