Hellenic Bank of Cyprus Shines as a Top Bank in Western Europe for 2023

Hellenic Bank of Cyprus has been recognized in the annual list of the best banks in Western Europe for the year 2023, published by Global Finance. The bank received this accolade for its ability to quickly respond to customer needs in challenging conditions and achieve significant financial results.

It is worth noting that Hellenic Bank has received this award for the second time, further strengthening its position in the banking sector of Cyprus. Global Finance magazine acknowledges the bank’s strong suit in efficiently managing assets and liabilities, even in unstable conditions.

Currently, the bank is issuing new bonds, strengthening its capital structure, and selling non-performing loans, further affirming the positive market assessment of its creditworthiness and reliability.

Moreover, Hellenic Bank has embarked on a path of global digitization, which includes the reorganization of its branch network, streamlining processes, cost management, and strengthening digital channels.

Bank representatives state that their success primarily lies in their consistent focus on meeting customer needs and their commitment to growth.