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Hellenic Bank Transitions To Eurobank Limited Following Merger With Eurobank Cyprus

Merger Announcement And Rebranding

On Monday, September 1, Hellenic Bank officially rebranded as Eurobank Limited, following its merger with Eurobank Cyprus. After 49 years, the familiar Hellenic emblem will be phased out, replaced by the new corporate image in line with the standards of the Eurobank Group.

Seamless Operational Continuity For Hellenic Customers

Account numbers, IBANs, and banking details remain unchanged. Debit and credit cards, along with existing PINs and online banking credentials, will continue to function without disruption. Although new cards featuring the Eurobank logo will be introduced over time, no immediate action is required from customers.

The Hellenic Bank Mobile App, as well as active facilities such as recurring transfers and direct deposits, will maintain their current operation. Branch staff will continue to provide service, with options available to transfer accounts to other locations if preferred.

Unaltered Terms And Conditions

All existing contractual arrangements, including product terms and interest rates, will remain intact. Fee structures for transactions, including transfers between Hellenic Bank and Eurobank Cyprus, will not change—these inter-bank transfers will now be processed without fees as part of a unified system.

Loan Approvals And Credit Facilities

Loan commitments approved prior to the legal integration will be executed under their original terms. All documentation and conditions for loans in progress will retain their pre-merger status, ensuring that customers experience no alteration to their existing credit agreements.

Guidance For Eurobank Customers And Joint Account Holders

Eurobank customers will observe no immediate modifications to their card services, digital banking platforms, or associated withdrawal limits. Features such as ATM withdrawals, currently set at €500 per transaction, will persist as defined until any sanctioned updates are communicated.

For clients maintaining relationships with both banking entities, services will continue seamlessly through the current staff until a full system consolidation is completed. Safe deposit boxes and digital features remain unaffected by the transition.

Conclusion

This strategic merger marks a pivotal evolution in the region’s banking landscape, aimed at unifying operations while sustaining customer confidence. Both Hellenic and Eurobank customers can expect a stable transition, with clear communication regarding any future enhancements to services or fee structures.

Evel Elects New President As Maria Theocharous Takes Over For 2026–2029 Term

Maria Theocharous has been elected president of the Limassol Chamber of Commerce and Industry (Evel), taking over from Yiannis Tsouloftas for a three-year term covering 2026–2029. Theocharous previously served as the chamber’s vice-president for tourism.

The leadership transition marks a new chapter for one of Cyprus’ main regional business organisations, with the new board set to represent the district’s key economic sectors.

New Leadership Emphasises Cooperation

The chamber’s annual meeting brought together government, business and local authority representatives, including Energy, Commerce and Industry Minister Michael Damianos, Cyprus Chamber of Commerce and Industry (Keve) president Stavros Stavrou, Limassol district local government organisation president Yiannis Tsouloftas and Limassol mayor Yiannis Armeftis.

Speakers highlighted the importance of closer cooperation between public authorities and businesses in supporting Limassol’s economic development.

Representatives of the Cyprus Shipping Chamber (CSC) also congratulated Theocharous on her election and thanked the outgoing president for his cooperation. The CSC described Evel as a longstanding partner, noting the chamber’s contribution to Limassol’s business development over more than six decades.

Tsouloftas Reviews Six Years As President

In his final address, Tsouloftas reviewed the chamber’s work between 2020 and 2026, highlighting its advocacy for major infrastructure projects and efforts to address development challenges across the district.

He also outlined initiatives to remove obstacles facing local businesses, accelerate development plans and improve the conditions for economic activity.

Tsouloftas will remain involved as immediate past president, providing continuity during the transition.

New Board Covers Key Business Sectors

The new board includes representatives responsible for the chamber’s main portfolios:

  • Ilikos Charalambous, vice-president for commerce
  • Vasos Demetriades, vice-president for industry
  • Christos Nicolaou, vice-president for services
  • Nicolas Agiomamitis, vice-president for tourism
  • Ilias Theodorou, vice-president for finance
  • Demosthenes Mavrellis, vice-president for innovation and technology
  • Ilias Neocleous, honorary secretary

Other board members are Minos Agathocleous, Marios Antoniou, George Demetriou, Anastasios Kounoudis, Marios Constantinou, Xanthos Nemptsas, Antonis Pappas, Charalambos Pattichis, Chrysis Petousis, Farah Shammas, Andreas Tsouloftas and Kyriacos Hadjiathanasiou.

Costas Ioannides, Agathi Katsi, Anna Petraki, Filippos Filis and Tonis Hadjiloucas have been appointed members by distinction. The chamber also highlighted the growing participation of women in business leadership and decision-making.

Chamber Recognises Longstanding Contributions

The annual meeting also recognised businesses and individuals for their contributions, including members who have maintained continuous membership for 50 years.

Tributes were paid to three former contributors to the chamber, Tonis Antoniou, Dimi Mavropoulos and Andreas Laou, in recognition of their service.

Under Theocharous’ leadership, Evel begins its 2026–2029 term with a board covering commerce, industry, services, tourism, finance and innovation. Its priorities include continuing to represent Limassol businesses and advocating for the investment and cooperation needed to support the district’s economic growth.

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