Eurobank has been named Cyprus' best bank for 2026 by Euromoney, the international financial publication also recognizing the Greek lender as the best bank for large corporates in the jurisdiction.
The awards highlight Eurobank's strengthened position in the Cypriot market, where it has expanded its corporate banking capabilities following its acquisition of the local operations of former rival banks.
Total deposits in the country's banking system rose to €58 billion in May 2026, driven by a monthly increase that coincided with stronger lending activity across monetary financial institutions.
The recognition comes as Cyprus' banking sector shows robust underlying strength.
Total deposits in the country's banking system rose to €58 billion in May 2026, driven by a monthly increase that coincided with stronger lending activity across monetary financial institutions.
This growth in deposit base provides a stable funding environment for lenders like Eurobank to expand their corporate lending books.
Cyprus continues to demonstrate macroeconomic resilience, recording one of the lowest unemployment rates in the European Union in May 2026.