Nicosia, Cyprus. Eurobank reported strong profitability and expanding operations in Cyprus in its annual financial report for 2025. The report covered the financial year ended December 31, 2025.
Cyprus strategy and integration
Eurobank said Cyprus is increasing in importance within its international strategy, citing the full integration of local operations and insurance activities and the complete takeover of Hellenic Bank during the year.
Corporate structure and group activities
The directors presented their report together with the financial statements for the year ended December 31, 2025. In December 2025, the merger by absorption of Eurobank Ergasias Services and Holdings S.A. by Eurobank S.A. was completed, making Eurobank S.A. the ultimate parent company of the group.
The bank and its subsidiaries operate across retail and corporate banking, asset management, private banking, treasury and capital markets, investment property and insurance services.
Geographic footprint and listing
The group’s activities are mainly concentrated in Greece, Cyprus, Bulgaria and Luxembourg. The bank is incorporated in Greece and its shares are listed on both the Athens Stock Exchange and the Cyprus Stock Exchange.
Macroeconomic environment and business expansion
Eurobank said the macroeconomic environment in 2025 remained positive across its three core markets of Greece, Cyprus and Bulgaria, despite global risks and volatility in the international environment.
The bank said it expanded its business footprint during the year, including through the acquisition of CNP Cyprus Insurance, while maintaining solid profitability, strong capital adequacy, robust liquidity and high asset quality.
Shareholder returns and assets growth
The group said it continued to reward shareholders and support local economies and communities across its markets.
As at December 31, 2025, total group assets reached €108 billion, an increase of €6.8 billion compared with €101.2 billion at the end of 2024.
What do you expect Eurobank’s expanded operations in Cyprus to mean for the local banking and insurance markets?
