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Eurobank Cyprus Dominates Euromoney Private Banking Awards 2025 With Four Prestigious Wins

by THEFUTURE.TEAM

March 28, 2025

Eurobank Cyprus has once again solidified its position as a leader in private banking, securing four top honors at the Euromoney Private Banking Awards 2025 in London.

The bank was recognized as Cyprus’s Best International Private Bank, Best for Ultra-High Net Worth (UHNW) Clients, Best of Discretionary Portfolio Management, and Best for Alternative Investments, reaffirming its reputation for excellence in wealth management.

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“These accolades reflect our unwavering commitment to delivering world-class banking services and bespoke financial solutions,” Eurobank Cyprus stated. “They also highlight the trust our clients place in us and the expertise of our Wealth Management team.”

A Proven Model For Success

At the heart of Eurobank Cyprus’s success is its innovative private banking model, developed in collaboration with the Eurobank Group. Operating across four key financial hubs—Cyprus, Luxembourg, Greece, and the United Kingdom—this model provides an extensive suite of tailored investment and financial services.

“We take great pride in this recognition,” said Marios Hadjikyriacos, Head of Wealth Management at Eurobank Cyprus. “Winning for the ninth consecutive year is a testament to our leadership in private banking and our team’s relentless focus on advisory excellence.”

Looking ahead, Hadjikyriacos emphasized the bank’s dedication to continuous innovation and evolution. “We are committed to staying at the forefront of the industry, ensuring our clients receive the highest level of service and financial expertise.”

Leveraging Technology For Financial Growth

Recognizing the growing role of technology in wealth management, Eurobank Cyprus has invested in cutting-edge digital solutions, including its proprietary wealth portal. This platform empowers clients with real-time access to portfolio management tools, ensuring seamless financial oversight and strategic investment decision-making.

The bank’s comprehensive private banking services cater to a diverse clientele, offering everything from specialized lending solutions, such as Lombard investment loans, to custom investment financing across Cyprus, Greece, and the UK.

Setting The Standard In Private Banking

For over two decades, the Euromoney Private Banking Awards have been the gold standard in recognizing excellence in wealth management. These awards celebrate institutions that demonstrate outstanding performance across categories, including high and ultra-high-net-worth services, family office solutions, discretionary portfolio management, and digital innovation. By securing multiple top accolades, Eurobank Cyprus has once again proven itself as a powerhouse in private banking, setting new benchmarks in client service, financial expertise, and strategic investment solutions.

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Central Bank Of Cyprus Balance Sheet Reflects Strong Eurosystem Position

by THEFUTURE.TEAM

February 17, 2026

Overview Of Financial Stability

The Central Bank of Cyprus (CBC) has released its latest balance sheet, reaffirming its steadfast role within the Eurosystem. The balance sheet, featuring total assets and liabilities of €29.545 billion, underscores the institution’s stable financial posture at the close of January 2026.

Asset Allocation And Strategic Holdings

Governor Christodoulos Patsalides issued the balance sheet, which details the CBC’s asset composition under the Eurosystem framework. Notably, the bank’s gold and gold receivables amounted to €1.635 billion, providing a significant hedge and stability to its balance sheet. Additional asset categories include claims on non-euro area residents denominated in foreign currency at €1.099 billion, while claims on euro area residents in both foreign and domestic currency add further depth to its portfolio.

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The most substantial asset category, intra-Eurosystem claims, reached €19.438 billion, an indication of the CBC’s deep integration with its European counterparts. Furthermore, euro-denominated securities held by euro area residents contributed €6.587 billion. Despite a marked emphasis on these areas, lending to euro area credit institutions in monetary policy operations recorded no activity during the period.

Liability Structure And Monetary Policy Implications

On the liabilities side, banknotes in circulation contributed €3.218 billion. Liabilities to euro area credit institutions associated with monetary policy operations were notably the largest single category, totaling €17.636 billion. Supplementary liabilities included those to other euro area residents, which aggregated to €4.989 billion, with government liabilities playing a predominant role at €4.754 billion.

Other liability items, such as claims related to special drawing rights allocated by the International Monetary Fund at €494.193 million, and provisions of €596.571 million, further articulate the CBC’s exposure. Revaluation accounts stood at €1.643 billion, and overall capital and reserves were confirmed at €333.822 million, completing the picture of a well-capitalized institution.

Conclusive Insights And Strategic Alignment

The detailed breakdown illustrates the CBC’s sizeable intra-Eurosystem exposures, reinforcing its central role within Europe’s monetary landscape. With an asset-liability balance maintained at €29.545 billion, the CBC’s financial position remains robust, indicating a commitment to structural stability and strategic risk management.

This fiscal disclosure not only provides transparency into the CBC’s operations but also serves as a benchmark for comparative analysis among other central banks within the Eurosystem, highlighting the intricate balance between asset liquidity, regulatory oversight, and monetary policy imperatives.