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Eurobank Advances Global Strategy With New Mumbai Office And UPI Integration

Eurobank will open a representation office in Mumbai next month, CEO Fokion Karavias said at the Delphi Forum. The move expands the bank’s presence in India as part of its broader international growth strategy.

Pioneering Payment Innovation

The expansion includes enabling India’s Unified Payments Interface (UPI) in Greece, making it the first European country to support remittance transfers via the system. The rollout is being implemented in partnership with NPCI International.

Strengthening Geopolitical And Financial Ties

The initiative coincides with a planned visit by the President of Cyprus to Mumbai. Karavias said the visit is expected to support further business announcements and deepen ties between Greece, Cyprus and India. Cyprus remains a key market in Eurobank’s regional strategy.

Balancing Growth And Risk

Eurobank’s strategy combines geographic and business diversification. The bank operates across Greece, Cyprus and Bulgaria, with revenue distributed at 50%, 35% and 15% respectively. Karavias said the structure supports stable performance across markets while managing exposure to regional risks.

Embracing Technological And Regulatory Change

Karavias said geopolitical volatility, energy pressures and cybersecurity risks continue to shape the operating environment. Alongside traditional liquidity and credit risks, banks are increasing focus on digital resilience. He pointed to Greece’s recovery from its financial crisis and ongoing technology upgrades at Eurobank’s Luxembourg subsidiary as examples of adaptation.

Looking Ahead

Eurobank’s strategy through 2028 focuses on expanding wealth management and insurance operations as part of its broader revenue diversification. Karavias said the bank will continue investing in technology and regulatory compliance to support growth across markets. The approach combines scaling new business lines with maintaining risk controls amid geopolitical and market volatility.

Starbucks Wins ‘Best Workplace / Employer Of Choice At The 18th IN Business Awards

Starbucks was recently awarded the ‘Best Workplace / Employer of Choice’ award at the 18th IN Business Awards in Greece — a recognition that reflects the company’s philosophy and its ongoing investment in its people.

This distinction confirms Starbucks’ commitment to creating a work environment defined by respect, collaboration, inclusivity, and equal opportunities for all. Starbucks consistently fosters a culture that encourages growth, authenticity, and participation since people are always at the center.

“At Starbucks, our success is rooted in our people. This recognition is a testament to our team’s dedication to nurturing a space where everyone can express themselves, grow equally, and deliver exceptional experiences to our customers,” said Pambis Anastasis — District Manager of Starbucks, who received the award.

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Through modern development and employee support practices, Starbucks meaningfully invests in the continuous training and empowerment of its workforce, offering learning opportunities, mentorship, and career advancement at every stage of their journey.

The company also promotes an inclusive workplace where every employee feels a sense of belonging, can express themselves freely, and grow equally. This approach is a core element of Starbucks’ identity and is reflected both in the company’s internal culture, and in the experience it delivers to customers.

Winning at the prestigious IN Business Awards is a great honor for Starbucks and serves as a strong affirmation that its people are always at the heart of every step it takes.

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