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

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.

From the very beginning and given the above strategy, Eurobank Cyprus endeavored to maintain:
1. Strong capital base. 
2. Strong liquidity.

Click here for our Financial Results End of Year 2021.
Click here for our Report and Financial Statements for the year ended 31 December 2021.
Click here for our Pillar 3 Report for the year ended 31 December 2021.


 


 

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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Introduction of negative interest rates for deposits held in Euro for legal entities

30 December 2021

Given the persistent negative interest rate environment in the Eurozone, with the European Central Bank’s (ECB) base rate currently standing at negative 0.50% (-0.50%) per annum, Eurobank Cyprus Ltd (the “Bank”) will be applying a negative interest rate of 0.50% (-0.50%) per annum to all Euro denominated accounts with credit balances held by legal entities, starting from 01/03/2022.  The negative interest rates will apply to all accounts with credit balances denominated in Euro, excluding fixed deposits whose interest rate has been fixed prior to the date of this announcement. 
 

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