Eurobank at the centre of new financial bridge between India and Cyprus

Eurobank solidified its role as a primary financial architect between India and Europe by spearheading discussions at the Cyprus-India Business and Investment Summit 2026 held in Mumbai on January 28.

“The summit came at a pivotal moment, as India’s business community increasingly looked westward for global expansion, while Cyprus positioned itself not simply as an investment destination, but as a trusted European gateway supporting India’s international ambitions,” the bank said.

“Eurobank’s participation underscored its role as a financial catalyst at the heart of India-Greece-Cyprus connectivity,” it added.

The Eurobank Group has emerged over the past two years as one of the most active European financial institutions engaging with the Indian market, Panayiotis Chrysostomou said.

Chrysostomou, who serves as the manager of banking services and representative offices, explained that this engagement is underpinned by strong capital fundamentals and comprehensive expertise across banking, investment, and insurance.

Indian businesses choosing Cyprus as a base for European expansion benefit from stability, regulatory certainty, and a strategic location along the IMEC corridor, Chrysostomou told a panel discussing the Cypriot financial services sector.

The international DNA of the Cypriot banking sector remains one of the most important advantages for foreign investors, he further explained.

To support this strategy, Eurobank has already established a dedicated India Desk to facilitate the onboarding of Indian companies and multinational corporations moving into Cyprus.

The group is currently preparing for its next major milestone which involves opening a representative office in Mumbai within the city’s financial district in the coming months.

This move will distinguish Eurobank as the first Greek and Cypriot banking group to maintain a physical presence in India.

The Mumbai office will function as a strategic hub for relationship-building and information-sharing between the business ecosystems of India, Cyprus, Greece, and the wider European market.

A central pillar of this outreach is the India-Greece-Cyprus Business and Investment Council which Eurobank launched in partnership with the Indian Chamber of Commerce.

The council operates as a coordinated trilateral platform intended to deepen economic cooperation across high-potential sectors including infrastructure, technology, and energy.

Shipping, financial services, tourism, and innovation are also key focus areas supported by dedicated liaison points in all three participating nations.

“Eurobank’s bridge-building role extends across key industries,” the bank stated. “In technology, the Group has partnered with Fairfax Digital Services and LTIMindtree to establish a Global Delivery Center in Pune supporting Eurobank’s European operations, while also backing advanced AI initiatives headquartered in Cyprus.”

“In financial innovation, Eurobank has signed a landmark MoU with NPCI International to deploy India’s Unified Payments Interface (UPI) in Greece and Cyprus, enabling real-time, low-cost cross-border payments,” the bank added. “In tourism, Eurobank and the IGC Council facilitated the entry of Thomas Cook India into Cyprus, strengthening people-to-people and business travel links.”

“As India’s global footprint expands and Cyprus continues to attract Indian investment, Eurobank stands uniquely positioned to translate strategic vision into operational reality, connecting a rising India with Europe and shaping the next chapter of bilateral and regional economic cooperation,” the announcement concluded.