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Paralimni-Deryneia Strengthens Global Tourism Ties With Serbian Delegation

Paralimni-Deryneia Mayor Giorgos Nikolettos has set the stage for an ambitious push to enhance tourism promotion abroad through a strategic meeting with Serbian travel professionals. This initiative is part of a broader effort to harness the region’s unique assets and modern attractions.

Enhancing Destination Appeal

During the session, discussions centered on ways to effectively introduce Paralimni-Deryneia and its popular Protaras resort to the Serbian market. Nikolettos provided an in-depth briefing on the municipality, highlighting its distinctive characteristics, competitive advantages, and the array of modern amenities that position it as a prime tourist destination.

Forging Strategic Partnerships

The meeting also featured key industry voices, including Haris Papacharalambous, President of the Cyprus Travel Agents Association (ACTA), and Giorgos Kafkalias, Director of the Famagusta Regional Tourism Board (ETAP). Their presence underscored a mutual commitment to boosting travel between Cyprus and Serbia, reinforcing trust and collaborative spirit among tourism stakeholders.

Charting A Course For Future Growth

This proactive dialogue is expected to catalyze reshaping Paralimni-Deryneia’s international tourism strategy. By leveraging its local strengths and forging robust partnerships, the municipality is poised to secure a substantial competitive edge in the global travel arena, promising long-term economic and cultural benefits for the region.

Eurobank Wins Two Euromoney Awards Following Cyprus Merger

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.

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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