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Thursday, February 2, 2023

Eurobank Cyprus as “Best Private Bank in Cyprus”

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Eurobank Cyprus was distinguished with the “Best Private Bank in Cyprus” award, for 2021, by the prestigious international magazine Euromoney, confirming the high level of services it offers and the established position it has established in the field of Private Banking.

A decisive factor for shaping the level of the Bank's services, at a level recognized by international bodies and periodically recognized prestige with many distinctions in recent years, is the quality of the human resources of Eurobank Cyprus and the constant effort for continuous upgrade of services.

A central goal that is a comparative advantage of the Private Banking sector of Eurobank Cyprus, is the Bank, with a customer-centric approach, to distinguish the needs of customers, to evaluate the data and options required by the current financial conditions and to shape products and services that respond to them. An important factor is the strong network that the Bank has in large financial centers in Europe, multiplying its dynamics in Private Banking. This is an area in which the Eurobank Group has a strong presence and comparative advantage over time, as it provides services from three other geographical areas, Luxembourg, the United Kingdom and Greece.

This success, along with the profitability that Eurobank Cyprus is steadily recording, with pre-tax profits amounting to € 35.2 million on September 30, 2020 and significant excess liquidity and strong capital adequacy ratios amounting to 25, 1% (Capital Adequacy Ratio) during the same period, confirms the trust it enjoys from its customers, over time.

Source: www.philenews.com

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