Eurobank S.A. among top honourees at 13th Invest Cyprus International Investment Awards

Eurobank S.A. has received an award at the 13th Invest Cyprus International Investment Awards presented by PwC Cyprus.

The award was picked up by George Zanias Chairman of the Group of Directors, Eurobank S.A. and was presented to him by President Nikos Christodoulides and the Chairman of Invest Cyprus Evgenios Evgeniou.

Eurobank Group is a strong banking group with total assets of €100.4 billion and 12,184 employees. It offers a comprehensive range of financial products and services to its retail and corporate customers. In Greece, Eurobank operations encompass a retail banking network, dedicated business centres, a Private Banking network and a dynamic digital presence.

The Group has a strong presence in Cyprus, particularly following the recent acquisition of Hellenic Bank, one of the few large-scale cross-border acquisitions in the EU banking market. Hellenic Bank’s business model capitalises on a strong retail franchise (32% market share in household loans and 35% in household deposits), more than 500,000 clients, a network of 55 branches and a sound insurance business, which is entirely complementary to Eurobank Cyprus’ wholesale-oriented business model. The Group also has a presence in Bulgaria, Luxembourg, and the UK (London). Eurobank links its business decisions to environmental sustainability, social responsibility and corporate governance. Eurobank Group operations encompass a wide range of financial services: Retail, Business and Investment Banking, Wealth and Capital Management, Cash Management and Capital Market services, Financial Leasing, Factoring and Forfaiting, Trading and Property services.

Paying tribute to international investors for their contribution

The 13th Invest Cyprus International Investment Awards pay tribute to major international investors for their contribution to Cyprus and its economy.

The awards are presented by PwC Cyprus, with Elite Sponsor Eurobank, Strategic Partner Cyta Business and Gold Sponsors Ecommbx and Lanitis Group.

Hosted by GOLD magazine and organised by Invest Cyprus, the official body the government has entrusted with the task of attracting foreign investment to Cyprus, the event is taking place under the auspices of the President of the Republic, Nikos Christodoulides.