Top List of Banks in Cyprus

Cyprus is the third largest island in the Mediterranean Sea and is one of the most popular tourist destinations in Europe. The two major cities in Cyprus are Nicosia and Lefkosia. It's an internationally recognized country that has been a member of the European Union since 2004. With all of these banks, you're sure to find one that you like! 

Some of the top banks in Cyprus are EBank, Bank of Cyprus, and Alpha Bank Cypriot. If you want to find out more information about any of these banks, please read below for their quick facts.

Bank of Cyprus

Bank of Cyprus is a large company that provides financial services for personal and corporate clients. Total assets of the Bank of Cyprus were estimated in 2020 to amount to 21.51 billion EUR, and the number of employees was 3664. The Bank of Cyprus Group operates through 108 branches in Cyprus, of which 11 operate as cash offices.

The Bank of Cyprus offers a wide range of banking services, including accounts, loans, cards, and investment opportunities through its subsidiaries.

Hellenic Bank

Hellenic Bank Public Company Ltd was founded in 1976. It is the third-largest bank on the island of Cyprus in terms of assets, deposits, loans, and market capitalization. The bank offers a full range of financial products and services such as retail, corporate, investment, and international banking.

Hellenic Bank has a large network with 75 branches. As of December 2021, the bank employed 2,600 people. Hellenic Bank's total assets amounted to 15.85 billion EUR at the end of 2020. 

Eurobank Cyprus Ltd

Eurobank Cyprus Ltd is the second largest bank in Cyprus and a member of Eurobank Group, one of the largest banking groups in Greece.

Eurobank Cyprus Ltd offers a range of financial products and services to retail and corporate customers. The Bank provides deposit accounts, loans, credit cards, and insurance products. It also offers cash management, trade finance, and securities dealing services. 

Total Assets: 6,821.22 mln EUR

Employees: 13,267(6 countries)

Branches: 623

RCB Bank Ltd

RCB Bank Ltd, Cyprus's second-largest lender, offers a wide range of services, from retail and business banking to wealth management and corporate finance. The bank has successfully built a strong presence in the Cypriot retail sector and aims to strengthen its position in the segment further.

With total assets of over $2.8 billion, RCB Bank Ltd has a network of 4 branches and one cash office throughout Cyprus. The bank employs around 700 people and has over 325,000 customers.

Alpha Bank Cyprus Ltd

Alpha Bank Cyprus Ltd (ABC) is a member of the Alpha Bank Group operating in Cyprus since 1997. The Alpha Bank Group is one of the largest banking groups in Greece, with a significant presence in Southeast Europe. 

The Alpha Bank Group has a long-standing commitment to the Cypriot economy and offers various financial services to individuals, businesses, and professionals. These include retail banking, corporate banking, international banking, trade finance, private banking, wealth management, and fund management.

Total Assets: €70.057 billion

Employees: 10,528 & 22 Branches

Astrobank Limited

Astrobank Limited was established in Cyprus in 2001 and since then has developed into a full-fledged commercial bank. The total assets of the Bank exceed 2,832.83 mln EUR. Astrobank offers a variety of banking products and services, including foreign currency accounts, loans, credit cards, online and mobile banking, etc. The Bank’s customers are private individuals, companies, and organizations.

The Bank employs over 373  persons in Cyprus and overseas (Russia). Astrobank Limited is one of the major banks on the island, with 16 branches throughout Cyprus.

Societe Generale Bank - Cyprus Limited

Societe Generale Bank - Cyprus Limited is a subsidiary of Societe Generale Group. The bank provides a wide range of financial services to private individuals, professionals, and small and large companies, including corporate banking, asset management, custody and securities services, consumer finance, and insurance.

Societe Generale, one of the largest European financial services groups, has been present in Cyprus for more than half a century through its branches. In May 2009, the bank became a full subsidiary of Societe Generale Group, and since then, it has been operating under the trade name Societe Generale - Cyprus.

Total Assets: 767.62 mln EUR

Employees: 146,000 (worldwide)

Ancoria Bank Limited

Ancoria Bank Limited is a Cyprus investment, commercial and private bank headquartered in Limassol, Cyprus. Founded in 2016 and operating under the supervision of the Cyprus Securities and Exchange Commission, Ancoria Bank offers a range of financial products and services to both private and corporate clients, including personal banking, loans, commercial finance, and asset management services.

Ancoria has become one of the fastest-growing banks in Cyprus. Ancoria’s total assets stood at 361.39 mln EUR as of 31 December 2018. Ancoria’s team consists of more than 81 highly-qualified professionals from various financial market sectors.

Arab Jordan Investment Bank SA

Arab Jordan Investment Bank SA is a financial services company providing Corporate banking services to domestic, regional and international corporate clients. It provides retail banking services covering deposits, loans, and credit cards. It also provides investment banking services covering capital raising, mergers and acquisitions, privatizations and divestitures, project finance, and treasury products. On February 30, 1978, the company was headquartered in Amman, Jordan.

National Bank of Greece (Cyprus) Ltd

National Bank of Greece (Cyprus) Ltd, established in Nicosia in January 1960 and wholly-owned by National Bank of Greece S.A., provides a full range of banking services to the Cypriot public and the business community, including retail and private banking, trade finance, corporate finance, investment banking, securities trading, investment management, and unit trusts.

The bank operates through its workforce of 249 employees in Cyprus. It offers services to customers through alternative channels such as ATMs, Internet Banking Services, Telephone Banking Services, and Mobile Banking Services.

Total Assets: €77.485 billion (2020)

Employees: 8,901 (Q3 2021)

Branches: 362 

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Q. Which is the best bank in Cyprus?

A. Eurobank Cyprus Ltd was recognized as the best bank in Cyprus in 2020. The main offered services: Account types: corporate and personal in all major currencies.

Q. Which is the largest bank in Cyprus?

A. Bank of Cyprus Public Company Limited (the 'Bank') is Cyprus's leading financial services company. It has been a member of the European Union and its predecessor, the European Economic Community, since May 2004. The Bank offers a full range of financial products and services to private customers, small businesses, corporate clients, and institutional investors.