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

Termination of Negative Interest Rates

22 September 2022

As of 01/10/2022, the negative interest rates on EUR denominated deposits held by legal entities will be terminated. The decision has been taken following the recent European Central Bank (“ECB”) decisions to raise the key ECB interest rates.
 

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Eurobank Cyprus Financial Results for the six months ended 30 June 2022

01 August 2022

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Eurobank Cyprus Financial Results & Pillar 3 Report end of year 2021

05 April 2022

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