Bank of Cyprus has been named the Best Sub-Custodian Bank in Cyprus for 2026 by Global Finance, an international financial publication.

The award highlights the lender’s performance in custody, depositary, and post-trade services, reinforcing its position as a primary gateway for foreign capital flowing into the island's financial sector.

The recognition comes as Cyprus continues to solidify its role as a regional hub for asset management and investment funds.

For Bank of Cyprus, strong sub-custody operations are critical for attracting institutional clients and maintaining fee-based revenue streams that are less sensitive to interest rate fluctuations than traditional lending.

Global Finance’s selection process evaluates banks on criteria including operational efficiency, technology infrastructure, and client service quality.

The award serves as a signal to international asset managers and custodians seeking reliable local partners for securities settlement and corporate actions processing in the Mediterranean region.