Eurobank has been named 'Bank of the Year 2025' by The Banker, an authoritative international magazine and part of the Financial Times group. This is one of the most significant recognitions in the global banking industry. The bank's solid financial results, competitiveness, growing appeal and strengthened presence in the Cypriot market were key factors in this decision.
Eurobank is strengthening its position in Cyprus and developing its digital offering
The award also recognises Eurobank's active expansion in the retail banking and small-to-medium enterprise sectors. The international publication also recognised the bank's substantial investments in innovation and digital transformation, which have become integral to its strategy. According to The Banker editor Silvia Pavoni, the jury paid particular attention to digital upgrades, including the introduction of online loan applications and an improved mobile app. These upgrades are accelerating the transition of customers to fully digital operations.
Following the successful merger of Hellenic Bank and Eurobank Cyprus, the bank has significantly strengthened its position. Its expanded network, increased customer base and updated technology allow Eurobank to consolidate its position as a key player in the Cypriot banking system.
Management comments: 'A new era and sustainable growth'
Eurobank CEO Michalis Louis emphasised that the award confirms the bank's commitment to creating value for its customers, employees, society, and Cyprus as a whole. He noted that Eurobank is entering 'a new era' — one that is strong, innovative, and focused on sustainable growth and providing high-quality services.
Louis stated that over the past year, new products and services designed specifically for modern customers, combining convenience, favourable terms, and enhanced digital features, have been launched. All of this comes together to create a more integrated, efficient, and environmentally sustainable banking service.
Plans for the future
Eurobank emphasised that responsible business practices remain at the heart of the financial institution's strategy. The bank continues to develop sustainability initiatives by supporting projects aimed at social and environmental progress.
Against the backdrop of growing demand for digital solutions and next-generation banking services, Eurobank is strengthening its influence in Cyprus. Industry experts predict that the bank will become a leader in the digitalisation of the country's financial sector by 2026.