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On September 1, Hellenic Bank and Eurobank Cyprus are set to complete their merger, transferring all assets and liabilities to form a single, stronger institution. The merger is expected to reshape the Cypriot banking sector and expand services for customers across the island.
As part of the process, Hellenic Bank Public Company Ltd will change its name to Eurobank Ltd, reflecting the vision and strategy of the wider Eurobank Group. The new brand is designed to highlight the combined organization’s focus on innovation, customer-centric services, and sustainable growth.
CEO Michael Louis said the merger will create a “historic milestone” for Cyprus’ banking and insurance sectors. “We will now be able to offer more comprehensive and innovative secure solutions to our customers, responding to the modern needs of society and the economy,” he said.
Louis added that the merger represents not just a rebranding, but a shared vision for technological progress, people-centered service, and sustainable development. The new Eurobank Ltd also aims to strengthen Cyprus’ role as an international financial hub and act as a bridge for economic cooperation between the EU and the wider region.
Both banks emphasized that ensuring a smooth transition will be a top priority, with full respect for the needs and expectations of customers, partners, and society at large.
