**Bank of Cyprus Earns Double EMEA Finance Award for Bond Issue**
The Bank of Cyprus has achieved significant recognition in the financial sector, receiving two prestigious awards at the EMEA Finance Achievement Awards 2025. The accolades were awarded in honor of the bank's successful €300 million Tier 2 bond issuance, which was finalized in September 2025. This accomplishment underscores the bank's growing reputation in international capital markets.
The EMEA Finance magazine, known for its focus on the financial services industry across Europe, the Middle East, and Africa, recognized the Bank of Cyprus with the titles of Best Financial Institution Bond (Mid-Cap) and Best Financial Institution Bond in South Eastern Europe. This marks the third consecutive year that the Bank of Cyprus has been honored by the publication, highlighting its sustained performance and influence in global debt capital markets.
The Tier 2 bond issuance attracted significant interest from over 100 institutional investors, resulting in a remarkable oversubscription rate. Investor demand for the bond exceeded €3 billion, despite the offering being capped at €300 million. This level of interest is indicative of the confidence that international investors have in the Bank of Cyprus and its financial health.
Despina Kyriakidou, the bank's Treasury Director, commented on the recognition, stating that it reflects both the success of the bond issuance and the ongoing trust that international investors place in the bank. "We are very pleased that our highly successful €300 million Tier 2 bond has received two awards at the annual EMEA Finance Achievement Awards," Kyriakidou noted.
She emphasized that the recognition from a prestigious international institution reaffirms the confidence that the international markets and institutional investors have in the Bank of Cyprus. Kyriakidou attributed this success to the bank's strong financial position, consistent growth trajectory, and commitment to creating long-term value for shareholders while supporting the Cypriot economy.
The Bank of Cyprus's achievements in the bond market not only enhance its standing among financial institutions but also contribute positively to the broader economic landscape in Cyprus. As the bank continues to engage with international investors and expand its capital base, it aims to foster sustainable growth and stability within the region.
In conclusion, the Bank of Cyprus's recent accolades at the EMEA Finance Achievement Awards serve as a testament to its robust performance in the debt capital markets and its ongoing commitment to financial excellence. The recognition is expected to further bolster investor confidence and support the bank's future initiatives in the evolving financial landscape.