Eurobank has officially completed its acquisition of Hellenic Bank: what does this mean for business in Cyprus?

As we reported earlier, one of the largest banking groups in Greece, Eurobank, has officially acquired a controlling stake in Hellenic Bank. The transaction officially came into force on September 1, 2025, completing the merger process and becoming a key event for the financial sector of Cyprus.

The acquisition of Hellenic Bank will allow Eurobank to significantly strengthen its position in the Cypriot market and expand its offer of banking products for business and private clients. It also opens up new opportunities for companies planning to develop their operations in the Mediterranean region.

What will change for customers after the merger of Eurobank and Hellenic Bank

  • Expanding the range of banking products - new corporate and private accounts, loan and deposit programs.
  • Optimization of customer service processes - digitalization, new online platforms and integrated business solutions.
  • Opportunity to obtain better conditions for international transactions - especially relevant for companies with foreign economic activity.

What will remain unchanged for current customers

  • Your existing accounts and deposit products will remain active and retain their current terms and conditions.
  • Existing contracts with the bank do not require revision or re-conclusion.
  • Corporate client service rules in Cyprus remain stable, and the account opening process remains unchanged for new clients applying through professional support.

Opening an Account in Cyprus with Maira Consult

For many companies, the news of the strengthening of Eurobank and Hellenic Bank means additional stability and new opportunities. However, the process of opening an account in Cyprus remains complicated and requires professional support.

Maira Consult provides full legal and organizational support for opening accounts in banks in Cyprus, including Eurobank and Hellenic Bank.

We help you prepare documents, pass Compliance and get the details without unnecessary delays. Because our company:

  • Has many years of experience working with Cypriot banks.
  • Helps minimize the risk of rejection.
  • Offers personalized support from submitting documents to opening an account in Cyprus.

If you are planning to open a business account in Cyprus or Europe, contact Maira Consult today. We will help you to use the new opportunities offered by the merger of Eurobank and Hellenic Bank.

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