Eurobank EFG Cyprus Limited as part of its ongoing dynamic growth has inaugurated two new business centers in Limassol and Larnanca.

The Bank has also completed its share capital increase by €100 million in Cyprus thus raising its issued and paid up capital to €150 million.

This share capital increase in conjunction with the Bank’s enhanced presence in Cyprus shows the importance which the Eurobank EFG Group attaches to the Cyprus market and its trust in the Cypriot economy’s potential, recognizing Cyprus’ role as a major financial centre.

The Bank’s activities in Cyprus cover Large Corporations and Organizations, International Operations, Private Banking, Investment Banking and Institutional Funds Management.

As Eurobank EFG Cyprus Limited Managing Director Mr. Mihalis Louis stated "The Bank, given its speediness in decision-making, efficiency and high quality of service as well as the indisputable expertise the EFG Eurobank Group possesses from all sectors it is active in, aspires to become the bank of first choice for clients in Cyprus."

Ms. Niki Siantou and Ms. Helena Stefanidou will be respectively in charge of the Larnaca and Limassol business centres. They are both executives with a long experience in banking who will be backed by highly qualified people in providing service to clients.