Eurobank strengthens India–Cyprus–Europe financial corridor
Eurobank on Thursday highlighted its role in strengthening the India–Cyprus–Europe financial corridor during the recently-held India-Cyprus Summit 2026, an event organised by the High Commission of India in Cyprus focusing on investment, innovation and human capital.
The summit emphasised the strengthening of bilateral relations between India and Cyprus, the positioning of Cyprus as a regional services hub, and the bank’s role in supporting economic connectivity between Europe and India.
Eurobank said its participation reflected its position as a key financial enabler of India-Greece-Cyprus cooperation, highlighting its growing involvement in one of the world’s fastest-growing major economies.
The bank reported that over the past two years the Eurobank Group has become one of the most active European banking organisations operating in connection with India, drawing on its strong capital base, expertise across banking, investment and insurance services, and its broad European footprint.
At the centre of its strategy is the India-Greece-Cyprus (IGC) Business & Investment Council, established at Eurobank’s initiative in cooperation with the Indian Chamber of Commerce and institutional stakeholders from the three countries.
The IGC functions as a coordinated platform designed to promote trade and investment in high value-added sectors such as infrastructure, technology, energy, shipping, financial services, tourism and innovation, according to the bank.
“The IGC represents a strategic commitment to building Intelligent Infrastructure as the foundation of long-term growth,” said Fairfax Digital Services president and chief executive officer Sanjay Tugnait.
“Financial connectivity must be matched by digital capability, resilient data architecture, and trusted AI systems,” he added.
Moreover, Tugnai stated that “investment in intelligent infrastructure is not optional it is the underlying pillar of economic strength and societal progress in the digital era“.
“Those who build it with foresight and discipline will help shape a more secure and prosperous future,” he explained.
During a series of meetings on the sidelines of the summit, Eurobank Limited chief executive officer Michalis Louis referred to the milestone of establishing a representative office in Mumbai, describing it as a significant step in the bank’s international strategy.
“We are deeply committed to supporting and accelerating this collaboration,” Louis said.
“As part of our strategic vision, we look forward to the opening of Eurobank’s Representative Office in Mumbai in March,” he added.
“This milestone marks our long-term commitment to India and our intention to create strong financial bridges facilitating Indian businesses’ access to Europe through Cyprus,” Louis stated.
The bank reported that the development makes Eurobank the first Greek and Cypriot banking group with a physical presence in India.
During the conference, Eurobank economic research manager Konstantinos Vrachimis moderated a panel discussion examining commercial relations between India and Cyprus, current trends shaping bilateral trade, and the potential for deeper economic engagement between the two countries.
Eurobank said that through targeted initiatives, a physical presence in the Indian market, and close integration with the European financial ecosystem, it aims to contribute to the development of a stable and growth-oriented financial corridor linking India with Europe.