Press Release
Bank of Cyprus wins 11 awards, including 2 regional awards, in Global Finance’s 2025 World’s Best Digital Bank Awards
• Bank of Cyprus wins two awards for western Europe:
- Best in Social Media Marketing and Services (Consumer category)
- Best in Transformation (Corporate & Institutional category)
• Bank of Cyprus wins nine awards in Cyprus:
- including Best Consumer Digital Bank and Best Corporate/Institutional Bank
• Best Digital Bank Award wins follow Bank of Cyprus’ recognition as the Best Bank and Best Investment Bank in Cyprus in Global Finance’s Best Bank Awards earlier this year
Global Finance, one of the leading international banking and finance media outlets, has named Bank of Cyprus the winner of 11 awards in its 2025 World’s Best Digital Bank Awards. This includes two awards for Western Europe:
• the Best in Social Media Marketing and Services, which reflects the efforts of the Bank’s dedicated social media teams, and;
• the Best in Transformation, which recognises the Bank’s leading role in shaping the digital transformation of the Cypriot economy through its B2B and B2C digital economy platform, Jinius.
The full list of awards won by Bank of Cyprus can be found overleaf.
These awards recognise the significant efforts Bank of Cyprus has made to provide its customers with industry-leading digital products and services as well as enhanced features and user experience.
Over the past 18 months Bank of Cyprus has introduced several innovative products and services, such as:
• the Bank’s Digital Housing Loan, with its digital application process and instant decisions;
• Fleksy, the buy now pay later solution with flexible repayment plans and automated decision making;
• Joey, the banking app for 9 to 17 year olds, enabling teenagers to spend and save money with parental supervision and controls;
• the B2C marketplace on Jinius, which includes 232 retailers and 355,000 products across all categories. The B2C marketplace on Jinius, which includes over 270 retailers and approx. 500,000 products across all categories.
The Bank’s investment in its digital offerings is paying off with a record 230,000 unique customer logins and significant increases in digital sales in the first half of 2025. For example, digital loans increased by 24% from €135 mn to €167 mn in the first half of 2025.
Commenting on the awards, Panicos Nicolaou, CEO of Bank of Cyprus, said:
“I am delighted that the investment that we have made and continue to make in digital transformation, and the benefits this is having for our customers, has been recognised so completely at the national and regional levels by a leading international banking and finance publication.
This demonstrates that Bank of Cyprus is not only leading digital transformation in Cyprus but is also helping to drive digital transformation in Western Europe”.
According to Joseph D. Giarraputo, founder and editorial director of Global Finance: “The winners of Global Finance’s 2025 World’s Best Digital Bank Awards exemplify the innovation and leadership shaping the future of banking”. See here for full quote.
Significant recognition for Bank of Cyprus in Global Finance’s 2025 World’s Best Digital Bank awards 2025
Representing the Bank, Chief Digital Officer Mr. Demetris Nicolaou officially accepted the awards during the ceremony held in London.
Awards won in the Consumer categories
• Best in Social Media Marketing and Services - Western Europe
• Best in Social Media Marketing and Services – Cyprus
• Best Consumer Digital Bank – Cyprus
• Best Integrated Consumer Banking Site – Cyprus
• Best Online Product Offerings – Cyprus
• Best Mobile Banking App – Cyprus
• Best in Lending – Cyprus
• Best in Transformation – Cyprus
Awards won in the Corporate and Institutional categories
• Best in Transformation - Western Europe
• Best in Transformation - Cyprus
• Best Corporate / Institutional Digital Bank - Cyprus
Global Finance’s articles, with the list of winners of the corporate/institutional and consumer digital bank awards, can be seen here and here respectively.
