Bank of Cyprus Named “Best Bank in Cyprus 2023”
Bank of Cyprus has been awarded the title of “Bank of the Year in Cyprus” by the prestigious international publication The Banker. The announcement was made on December 6.
Why the bank received the award
Successful reduction of non-performing loans, including through the Helix Project.
Growth in new lending and profitability.
Strengthened market position and resilience amid a challenging global economic environment.
Management comment
Bank of Cyprus CEO Panikos Nicolaou said the award reflects the hard work of the bank’s employees and the trust of its customers:
“We are delighted that The Banker has named us Bank of the Year in Cyprus. This international recognition highlights our continued efforts to improve services and products, and to support the local economy.”
About Bank of Cyprus
The largest bank in Cyprus, founded in 1899.
Assets exceed €20 billion.
Operates in the United Kingdom, Australia, Greece, and Romania.
Shares are listed on the Cyprus Stock Exchange (CSE) and the Athens Stock Exchange (ATHEX).
Included in the Dow Jones Cyprus Titans 10 Index.
Related Posts
Tighter taxation in Spain and other EU countries is making Cyprus more attractive for international ..
The Landmark Nicosia has reopened in the capital of Cyprus, bringing together historical heritage an..
When families seriously consider relocating to Limassol, the same two questions always come up: wher..
In October 2025, Cyprus recorded a rise in new loans and deposits. Households continued to borrow ac..
