Eurobank Group’s top brass in Cyprus

Eurobank S.A. CEO Fokion Karavias confirmed the group’s commitment to provide hands-on support to Hellenic Bank (HB), on his first official visit to HB along with Deputy CEO Stavros Ioannou after Euborank’s acquisition of a majority stake.

The group’s top brass, along with HB’s CEO Michalis Louis, visited a number of the bank’s branches and business centres, as well as its Technology and Digital Development centre in Nicosia, which according to a press release by Eurobank, shows the emphasis attributed to modernising the structures and practices, strengthening relations with the bank’s clients and accelerating its digital transition.

The delegation also held a meeting with senior executives at Hellenic Bank’s headquarters focusing on the evolution of the organisation and upgrading its services.

As Karavias mentioned, Eurobank Group intends to support Hellenic Bank in every possible way in terms of products, services, supervisory authorities and technology in order to grow and upgrade even further. "We will join forces where this is required for the transfer of know-how with the aim of becoming the biggest and best bank in Cyprus," he noted, adding that the client will be the best judge of this success, which is what everyone must keep in mind – namely staff of all ranks, including the senior ones. “A new chapter is opening for Hellenic Bank and I am convinced that you will all support this effort,” said Karavias.

On his part, Ioannou said he was very pleased to see HB join the Eurobank Group family. “I am optimistic that the next quarters will show that our venture has been a success,” he said, adding: “This success relies on the formation of strong ties between us and a further deepening of the relationship of trust with our clients.”

The visit follows a promise Karavias made recently to HB’s staff, and he said this would be the first of many and regular visits to follow. He reaffirmed the significance the Group attaches to its investment, as well as his faith in the capabilities and prospects that it will open.