Mumbai, India. Eurobank led discussions at the Cyprus-India Business and Investment Summit 2026 on January 28, describing the event as timely for Indian firms looking toward Europe and for Cyprus’s role as a gateway.
Summit focus and Eurobank’s role
Eurobank said the summit came at a pivotal moment as India’s business community increasingly looked westward for global expansion, while Cyprus positioned itself not only as an investment destination but as a trusted European gateway supporting India’s international ambitions. The bank said its participation underscored its role in India-Greece-Cyprus connectivity.
Engagement with the Indian market
Panayiotis Chrysostomou, manager of banking services and representative offices, said the Eurobank Group has emerged over the past two years as one of the most active European financial institutions engaging with the Indian market. He said the engagement is underpinned by strong capital fundamentals and expertise across banking, investment, and insurance.
Cyprus as a base for expansion
Chrysostomou told a panel on the Cypriot financial services sector that Indian businesses choosing Cyprus as a base for European expansion benefit from stability, regulatory certainty, and a strategic location along the IMEC corridor. He also said the international DNA of the Cypriot banking sector is among the most important advantages for foreign investors.
India Desk and planned Mumbai office
Eurobank has established a dedicated India Desk to facilitate the onboarding of Indian companies and multinational corporations moving into Cyprus. The group is preparing to open a representative office in Mumbai within the city’s financial district in the coming months, a move that would make it the first Greek and Cypriot banking group to maintain a physical presence in India.
What impact do you think a Mumbai representative office could have on Eurobank’s work with Indian companies expanding into Europe?