Bespoke Banking Within Wealth Management

The Wealth Management division of Eurobank Cyprus offers personalised banking and credit products that complement the leading investment services of the Bank. Our strategic focus remains on providing custom-made solutions to clients, based on their diverse personal, family or professional needs. These can range from short-term cash flow requirements, or long-term mortgage facilities for the acquisition or construction of primary or holiday residence, to the purchase of property or land for investment purposes. Especially for the latter, we offer comprehensive real estate financing solutions in London and Athens, complemented by professional support throughout the acquisition process.

Moreover, in response to popular demand driven by the favourably investment environment, the Bank has developed highly flexible “Lombard” type credit solutions to complement our clients’ investment portfolio strategies. Lombard lending refers to facilities secured by liquid assets, such as stocks, bonds, mutual funds or precious metals that typically comprise a well-diversified investment portfolio. The primary advantage of Lombard lending is the ability to access liquidity in a short period of time and on very preferential repayment terms. The funds may be used by clients for re-investment in marketable securities to maximise the return of their portfolio or to meet any other personal or professional needs. Another very important advantage of Lombard lending is the ability to access liquidity without disturbing the portfolio investment strategy via liquidation of existing investments. This is particularly useful in periods of high volatility or low liquidity market cycles.

All services are offered under the Private Banking umbrella of the Eurobank Group. This means that, apart from investment services, our clients may choose the location where they prefer to maintain their banking or lending relationship: in Cyprus, Greece, the UK or Luxembourg. This flexibility has established Eurobank as a trusted partner for local and international clients seeking comprehensive and personalized wealth management solutions.

At the heart of our Total Wealth Management approach is our commitment to delivering exceptional value and service to clients through our experienced team of relationship managers. Following our recent technological transformation, we strive collectively to offer banking services in the most efficient and responsive manner.

By Emilia Zachariou, Manager Banking Services, Wealth Management Division

(Photo by Taspho)

(This article first appeared in the 2024 edition of The Cyprus Journal of Wealth Management, commissioned by Eurobank Cyprus and published by IMH. Click here to view the article. Click here to view the entire magazine online.)