Online shopping – Changing to a more secure authentication method 

Due to EU regulations (PSD2), online shopping SMS OTP will conclude on 11/01/2021 and will be replaced by Eurobank CY Cards Authenticator Mobile App. The new features/advantages are: 

Seamless registration process:

Registration made easy using only your Date of Birth and an Active Eurobank Cyprus card number

Convenient operation 

Confirm the transaction by using a dedicated PIN of your choice or by using the Biometric authentication (Biometric authentication needs to be activated on your phone)

Transaction displayed clearly

Transaction details are clearly indicated, including, merchant name, transaction amount and transaction date 
Instant decision and safeguard from fraud 
You can instantly accept legitimate transactions or decline any fraudulently activated transactions 

Important notes: 
•    The App can be found at both on Play Store for android phones and Apple store for iOS phones.
•    In order to register to the service, you need to have the application installed and an activated Eurobank VISA card handy.
•    Mobile data or Wi-Fi coverage needed for connecting to the service.

More information here

Eurobank Cyprus Financial Results Six Month 2020

02 October 2020

Strategically the business model of Eurobank Cyprus is based on five pillars:
• Corporate and Investment Banking for local and foreign entities.
• Wealth Management for High Net Worth Individuals, local and foreign.
• International Business Banking.
• Treasury Sales.
• Affluent banking.


 

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Benchmark Regulation – Expected reforms to reference rates

22 September 2020

The Bank informs you that Regulation (EU) 2016/2011 (“Benchmark Regulation” or “BMR” or “Regulation”) has established a common framework to ensure the accuracy and integrity of the indices used as benchmarks in financial instruments and financial contracts.  The Regulation, which aims to protect consumers and investors and ensures that the Benchmarks which have been created and used in the European Union are robust, reliable, representative and appropriate.  The Regulation is valid and enforced in all Member States of the European Union and the supervisory authority responsible for its implementation in Cyprus, is the Cyprus Securities and Exchange Commission.

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Trade Services Department - Change of address

03 September 2020

Please be informed of the new address of Trade Services Department: 

Eurobank Cyprus Ltd
Trade Services Department
41, Arch. Makarios Avenue, 5th Floor
P.O.Box 27236, 1643 Nicosia
Cyprus


Please ensure that all documents intended for Trade Services Department are sent/delivered to the above mentioned address at all times.

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