5 Minute News

Competitive Landscape of Cypriot Banks in the Greek Market

March 2, 2025

Cypriot banks are becoming more competitive in Greece, with Bank of Cyprus planning significant profit distribution for 2024. The merger between Hellenic Bank and Eurobank Cyprus is set to reshape the banking landscape. The increase in market values indicates the strength of Cypriot banks. Shareholders are expecting higher dividend distributions in response to strong financial performances.