Eurobank EFG Cyprus Limited as part of its ongoing dynamic growth has inaugurated two new business centers in Limassol and Larnanca.
The Bank has also completed its share capital increase by €100 million in Cyprus thus raising its issued and paid up capital to €150 million.
This share capital increase in conjunction with the Bank’s enhanced presence in Cyprus shows the importance which the Eurobank EFG Group attaches to the Cyprus market and its trust in the Cypriot economy’s potential, recognizing Cyprus’ role as a major financial centre.
The Bank’s activities in Cyprus cover Large Corporations and Organizations, International Operations, Private Banking, Investment Banking and Institutional Funds Management.
As Eurobank EFG Cyprus Limited Managing Director Mr. Mihalis Louis stated “The Bank, given its speediness in decision-making, efficiency and high quality of service as well as the indisputable expertise the EFG Eurobank Group possesses from all sectors it is active in, aspires to become the bank of first choice for clients in Cyprus.”
Ms. Niki Siantou and Ms. Helena Stefanidou will be respectively in charge of the Larnaca and Limassol business centres. They are both executives with a long experience in banking who will be backed by highly qualified people in providing service to clients.
Eurobank EFG Cyprus Limited is a member of Eurobank EFG Group, a European banking organization with total of over €72.2bn. The Group employs more than 22,000 people and offers its products and services both through its network of over 1,500 branches and points of sale and through alternative distribution channels.
In the wider region of Southeastern and Central Europe (“New Europe”), Eurobank EFG Group ranks among the top banks in all countries where it has an established presence, namely Bulgaria, Romania and Serbia. Since 2006, Eurobank EFG group has entered markets in Poland, Turkey, Ukraine and Cyprus. Eurobank EFG has so far invested approximately €2 bn in “New Europe”.
Eurobank EFG is a member of EFG Group, the third largest banking group in Switzerland, following UBS and Credit Suisse. Eurobank EFG is also among Greece’s largest listed companies by market capitalization and enjoys a wide shareholder base of over 210,000 shareholders.
More information about Eurobank EFG can be found at www.eurobank.gr.