Eurobank named Cyprus’ best bank, praised for corporate banking services
Eurobank announced on Friday that it has been named Cyprus' best bank for 2026 by international financial publication Euromoney, while also receiving the award for best bank for large corporates at the publication's latest excellence awards. The bank said the awards represented international recognition of its performance and strategic initiatives…
Eurobank secures two major Euromoney honoursEurobankannounced on Friday that it has been namedCyprus’ best bank for 2026by international financial publicationEuromoney, while also receiving the award forbest bank for large corporatesat the publication’s latest excellence awards. The bank said the awards representedinternational recognition of its performance and strategic initiativesduring 2025, a year which included the completion of thelegal mergerbetweenHellenic BankandEurobank Cyprus. According to the bank, theEuromoney Awards for Excellenceare among the financial services industry’s most recognised international distinctions. The evaluation covered the periodfrom January 1, 2025 to December 31, 2025. Eurobank said the awards reflected a number of developments during the year, including the completion of themergerbetween Hellenic Bank and Eurobank Cyprus, which resulted in the creation ofEurobank Limited, which it described as the largest banking and insurance organisation in Cyprus with total assets exceeding€28 billion. The bank also pointed tostrong growth in corporate banking, saying its business lending portfolio expanded by approximately17 per centduring 2025. In addition, it said it expanded its customer base to more than710,000 retail customersand11,500 business customersin Cyprus. Eurobank also highlighted its continuing digital transformation, stating thatmore than 96 per cent of transactionsare now carried out through digital channels, while most financing applications are submitted via its mobile application. The bank further referred to the expansion of the group’s international presence through the opening ofEurobank’s first representativeofficein India, saying the move strengthens business links between Cyprus and India while reinforcing Cyprus’ role as a gateway to the European Union for Indian businesses and investors. According to the bank, Euromoney recognised Eurobank for completing one of themost significant banking transactions in the Cypriot market, alongside its business growth, digital transformation and contribution to strengthening Cyprus’ international investment and business profile. “The Euromoney awards confirmEurobank’s strong momentumand the successful implementation of our group’s strategy in Cyprus,” said Eurobank chief executive Michalis Louis. “2025 was a landmark year as wesuccessfully completed the merger of Hellenic Bank and Eurobank Cyprus, creating thecountry’s largest banking and insurance organisationwhile further strengthening our ability to support households, businesses and the Cypriot economy,” he added. “At the same time,we accelerated our digital transformation, invested ininnovationand strengthened Cyprus’ position as an international business and financial centre,” Louis continued. The Eurobank CEO also described the opening of the representative office in India as“a particularly important step”. He said that the move marked “the first physical presence of a Greek or Cypriot bank in the country,opening new channels for growth, cooperation and investment opportunities between India, Cyprus and Europe”. Louis said the double distinction “reflects thecommitmentandprofessionalismof our people, as well as the steadfast support of the Eurobank Group, whose strategy, expertise and continued investments have contributed decisively to creating a strong organisation with a leading market position. ”“This recognition by Euromoney confirms thatour choices create value for our customers,the economy and society, and serves as motivation for us to continue innovating and growing,” the Eurobank CEO concluded.