Bank Of Cyprus Earns Two EMEA Finance Awards For €300 Million Bond Deal

The Bank of Cyprus has added another milestone to its capital markets track record, securing two honours at the EMEA Finance Achievement Awards 2025 for its €300 million Tier 2 bond issuance. The recognition follows the successful transaction completed in September 2025 and further reinforces the lender’s position in international debt markets.

Third Straight Year Of Recognition

The latest awards mark the third consecutive year that the Bank of Cyprus has been recognised by EMEA Finance, underscoring the bank’s sustained momentum in global capital markets. The publication, which tracks major financial transactions across Europe, the Middle East and Africa, awarded the bank for both Best Financial Institution Bond (Mid-Cap) in the region and Best Financial Institution Bond in South Eastern Europe.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Strong Investor Appetite For The Transaction

According to the bank, the awards reflect the exceptional response to the Tier 2 issuance, which drew interest from more than 100 institutional investors. Demand exceeded €3 billion, more than ten times the size of the €300 million offering, signalling deep market confidence in the bank’s credit profile and strategic direction.

Confidence In The Bank’s Strategy

Commenting on the recognition, Bank of Cyprus Treasury Director Despina Kyriakidou said the awards capture both the success of the transaction and the trust international investors continue to place in the institution.

“We are very pleased that our highly successful €300 million Tier 2 bond has received two awards at the annual EMEA Finance Achievement Awards,” Kyriakidou said.

“The fact that this is not the first time that the Bank of Cyprus has been recognised by a prestigious international institution confirms in practice the confidence shown in the bank by international markets and institutional investors,” she added.

Kyriakidou said the result reflects the bank’s strong financial position, consistent growth trajectory and commitment to long-term shareholder value, while also supporting the Cypriot economy.

The Future Forbes Realty Global Properties

Eurobank Launches First UPI Cross-Border Payment From Greece To India

by THEFUTURE.TEAM

July 10, 2026

Eurobank has launched its first cross-border payment from Greece to India through the Unified Payments Interface (UPI), marking a new step in the bank’s international expansion and its strategy to strengthen financial ties between Europe and India.

The transaction, completed in cooperation with NPCI International, follows the launch of Eurobank’s new payment service. The inaugural payment was made in the presence of India’s Commerce and Industry Minister Piyush Goyal, Eurobank Chief Executive Fokion Karavias and senior executives from NPCI International.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

A Strategic Bet On India’s Digital Payments Ecosystem

According to Eleftherios Vlachogiannis, Eurobank’s head of transaction banking, the service currently supports outgoing payments by Indian citizens living in Greece to recipients in India, representing the first phase of a broader collaboration with NPCI International.

UPI is operated by NPCI International. By integrating the system into its e-banking platform and mobile app, Eurobank enables customers to make real-time transfers.

“The most important aspect is the philosophy behind the initiative,” Vlachogiannis said. “Instead of creating another closed payment system, we are integrating mature and internationally recognised payment ecosystems into the bank’s services so customers enjoy a simple, secure and modern transaction experience.”

He added: “Innovation creates value when it delivers a genuine benefit for the customer.”

Building A Financial Bridge Between Europe And India

The UPI launch follows Eurobank’s opening of a representative office in Mumbai, making it the first Greek and Cypriot bank with a physical presence in India. The bank has also expanded its presence through the India-Greece-Cyprus Business and Investment Council, a technology centre in Pune and partnerships with Indian institutions.

Vlachogiannis said India’s economic growth and closer ties with the European Union support the bank’s long-term strategy. He also pointed to progress in negotiations on the EU-India Free Trade Agreement.

Mumbai Office Serves As A Regional Business Hub

Eurobank’s Mumbai office supports businesses seeking to establish operations between India, Greece, Cyprus and the wider European market. It provides access to banking services, business networks and market support.

For Greek companies expanding into India, the bank offers international payments, foreign exchange management, trade finance and supply chain finance. Indian businesses investing in Greece, Cyprus or elsewhere in the European Union can also access financing and corporate banking services through Eurobank.

Aiming To Strengthen The India-Europe Corridor

Looking ahead, Eurobank said it will continue investing in technology, international payments, trade finance and partnerships with Indian organisations.

“Our ambition is to act not only as a banking services provider but also as a strategic partner for businesses and investors seeking to benefit from the opportunities created by this dynamic market,” Vlachogiannis said.

Breaking news