ASBISc Enterprises Achieves 72% Revenue Growth In February 2026

by THEFUTURE.TEAM

March 25, 2026

Strong Start To 2026

ASBISc Enterprises Plc (ASBISc), the renowned Cyprus-based IT distributor, announced its estimated consolidated revenues for February 2026 this week. The company reported a marked year-on-year increase, highlighting robust business momentum at the onset of the year.

Impressive Revenue Surge

The latest internal estimates indicate that consolidated revenues reached approximately $427 million in February 2026, a significant 72% increase compared to the $248 million recorded in February 2025. This substantial leap underscores the company’s strong market presence and effective business strategies.

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Board’s Commitment To Transparency

The board of directors of ASBISc had previously decided to publish monthly estimated consolidated revenues based on the best possible internal data. They also clarified that the reported figures might exhibit slight variations from the final consolidated data once the comprehensive audit is completed.

Looking Ahead

This remarkable performance not only reinforces ASBISc’s position in the competitive IT distribution landscape but also sets a promising tone for future growth. Observers and stakeholders alike will be keenly watching the company’s continued progress as it leverages its strategic strengths in a dynamic market.

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Eurobank Wins Two Euromoney Awards Following Cyprus Merger

by THEFUTURE.TEAM

July 17, 2026

Eurobank has been named Cyprus’ Best Bank for 2026 by Euromoney, while also receiving the award for Best Bank for Large Corporates at the publication’s latest Awards for Excellence.

Merger Marks A Milestone

The awards recognise the bank’s performance during 2025, a year marked by the completion of the legal merger between Hellenic Bank and Eurobank Cyprus. The transaction created Eurobank Limited, which the group says is now Cyprus’ largest banking and insurance organisation, with assets exceeding €28 billion.

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Euromoney’s Awards for Excellence evaluate banks’ performance over the previous calendar year, with this edition covering January 1 to December 31, 2025.

Lending, Customers And Digital Growth

Eurobank said its business lending portfolio expanded by around 17 per cent during 2025, while its customer base grew to more than 710,000 retail clients and 11,500 business customers.

The bank also continued its digital expansion, saying more than 96 per cent of transactions are now completed through digital channels, and most financing applications are submitted via its mobile app.

Expanding International Presence

Eurobank also highlighted the opening of its first representative office in India, describing the move as a step toward strengthening business links between Cyprus and India while supporting Cyprus’ role as a gateway to the European Union for Indian businesses and investors.

According to the bank, Euromoney recognised not only the successful completion of the merger but also its lending growth, digital transformation and contribution to Cyprus’ position as an international business and investment hub.

CEO On The Awards

“The Euromoney awards confirm Eurobank’s strong momentum and the successful implementation of our group’s strategy in Cyprus,” Chief Executive Michalis Louis said.

He said the merger strengthened the bank’s ability to support households, businesses and the wider economy, while highlighting continued investment in digital services and the opening of the representative office in India as key milestones during the year.

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