Eurobank Cyprus Triumphs with Four Prestigious Euromoney Awards

Eurobank Cyprus Triumphs with Four Prestigious Euromoney Awards

The Euromoney Awards Are Internationally Recognized Benchmarks in the Financial Services Sector, Reflecting High Standards of Excellence

Eurobank Cyprus has garnered four prestigious awards from the internationally renowned Euromoney magazine for 2024, reflecting its continuous evolution, high level of services, and excellence.

For the eighth time, Eurobank Cyprus was honored by Euromoney as the Best Bank for its services in Private Banking.

Specifically, in 2024, the bank received four distinct awards: Best International Private Bank in Cyprus, Best for Digital Solutions in Cyprus, Best for Sustainability in Cyprus, and Best for High Net-Worth Clients in Cyprus.

These new distinctions honor and reward Eurobank Cyprus' dedication to providing quality services, its focus on innovation, continual evolution, upgrading of customer service through advanced technological solutions, and support for sustainable business growth.

The General Manager of Wealth Management & Global Markets at Eurobank Cyprus, Mr. Antonis Antoniou, stated, "Eurobank Cyprus being recognized as the Best International Private Bank in Cyprus, along with awards in three other categories, honors and vindicates our efforts towards continual evolution and banking excellence. These reflect the bank's ability to adapt and evolve in a rapidly changing environment, maintaining quality features and competitive advantages in its operational fields, and reward our significant investment in digitalizing our services over recent years. These awards place an even greater responsibility on us to continue leading in Private Banking and Wealth Management."

The awards for Eurobank Cyprus include:

“Best International Private Bank in Cyprus”: Eurobank Cyprus is recognized as the Best International Bank in Cyprus for Private Banking in 2024. The bank stands out for its international reach in Private Banking services, the breadth and quality of which, particularly in advisory services and capital management, are notably highlighted by Euromoney. Additionally, its new digital platform, introduced last year, strengthens the bank’s competitive edge, offering clients access to a wide range of personalized products and services.

“Best for Digital Solutions in Cyprus”: Eurobank Cyprus's continual improvements and investments in digital services during the previous year led to its recognition as the Best Bank for Digital Solutions in Cyprus. According to Euromoney, the introduction of a new digital platform using the Temenos system contributed to process automation, improved compliance framework, better data processing/reporting, risk management, and more. The new digital platform allows Private Banking clients to access a new wealth management portal and utilize more features and tools for portfolio management.

“Best for Sustainability in Cyprus”: Eurobank Cyprus was rewarded for its actions and initiatives undertaken in recent years for Sustainable Development. Euromoney focuses on the bank's tangible support for research, innovation, startups through Cyprus Seeds, and its efforts in reducing environmental impact, paper usage (paperless), energy conservation, photovoltaic system installation, and sustainable financing and investments.

“Best for High Net-Worth Clients in Cyprus”: The bank's ranking as the "Best Bank in Cyprus for high-net-worth clients" is attributed to the quality and breadth of investment and advisory services it offers to clients with assets over €5 million. Eurobank Cyprus is also distinguished for its experienced human resources and deep knowledge in Wealth Management.

The Euromoney Awards are internationally recognized benchmarks in the financial services sector, reflecting high standards of excellence.

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