Eurobank EFG Cyprus is a branch of EFG Eurobank Ergasias SA of Greece. The establishment of branches in Cyprus came in 2007 when the company decided to exercise the right of free establishment in accordance with the Banking Laws.
EFG Eurobank Ergasias SA is a member of the EFG Group, the third largest banking organisation in Switzerland, which has presence in more than 40 countries.
EFG Eurobank Ergasias is a 41,8% subsidiary of the EFG Group. In 2006, the bank ranked second in the banking sector of Greece in terms of total assets and loans.
The branches in Cyprus are mainly supervised by the competent supervisory Authority, the Bank of Greece. However, the Central Bank of Cyprus supervises the branches in relation to liquidity issues.
Eurobank EGF Cyprus operates in the sections of Corporate and Investment, Private Banking and International Business Banking.
The head office of Eurobank EFG Cyprus is located in Nicosia, while other branches are located in Limassol and Larnaca.
The establishment of branches in Cyprus is an indication that the Bank recognises the role of Cyprus as an important financial centre.
For further information, contact the website of Eurobank Cyprus.
Find other Cyprus Banks.