**Eurobank Recognized as Leading Bank in Cyprus by Euromoney**
In a significant acknowledgment of its performance and contributions to the banking sector, Eurobank has been awarded two prestigious distinctions by the international financial publication Euromoney. The bank was named the Best Bank in Cyprus for 2026 and recognized as the Best Bank for Large Enterprises, affirming its prominent role within the domestic banking landscape.
These accolades are a testament to Eurobank's strategic initiatives and its dynamic growth trajectory in Cyprus. The evaluation conducted by Euromoney covered the year 2025, a pivotal period marked by the completion of the merger between Hellenic Bank and Eurobank Cyprus, which led to the formation of Eurobank Limited. This merger has positioned Eurobank as the largest banking and insurance entity in the country, boasting assets that exceed €28 billion.
The Euromoney Awards assess various factors, including a bank's strategy, performance, and its overall contribution to the development of the banking industry. Eurobank's recognition highlights its commitment to providing high-quality financial products and services tailored to both individual and business clients. The bank's performance in business banking was particularly noted, with a reported increase of approximately 17% in loans to businesses over the assessment period.
Eurobank's customer base has also seen substantial growth, now serving over 710,000 individual clients and more than 11,500 businesses. This expansion reflects the bank's ability to meet the diverse needs of its clientele while enhancing its market presence.
Digital transformation has emerged as a key focus for Eurobank, with more than 96% of transactions now conducted through digital channels. The bank has streamlined its processes, allowing the majority of financing applications to be submitted via its mobile application. This shift towards digital banking not only improves customer convenience but also aligns with global trends in the financial services sector.
In addition to its domestic achievements, Eurobank has made strides in its international strategy, exemplified by the opening of its first representative office in India. This initiative aims to bolster economic and business relations between India and Cyprus, positioning Cyprus as a strategic gateway to the European Union for Indian enterprises.
The dual recognition from Euromoney underscores Eurobank's successful transformation into a robust banking organization in Cyprus, characterized by ongoing business development, digital innovation, and a commitment to enhancing the country’s international competitiveness.
As Eurobank continues to evolve, its focus remains on delivering exceptional banking experiences and fostering economic growth within the regions it serves. The bank's leadership is optimistic that these accolades will further motivate its team to maintain high standards of excellence and innovation in the financial services industry.