The Bank of Cyprus has earned double recognition at the EMEA Finance Achievement Awards 2025 for its impressive €300 million Tier 2 bond issuance, further solidifying its reputation in international capital markets. This successful transaction, completed in September 2025, highlights the bank’s growing influence and credibility in the global financial landscape.
Photo: cyprus-mail.com
Record-Breaking Demand for Bond Issuance
The recent awards underscore the outstanding success of the bank’s Tier 2 bond issuance, which saw overwhelming interest from over 100 institutional investors. In a remarkable display of confidence, the issuance was more than ten times oversubscribed, with demand surpassing €3 billion compared to the €300 million offering. This level of interest reflects a robust appetite for the bank’s financial products and its strong market position.
Honours for Excellence in Finance
At the EMEA Finance Achievement Awards, the Bank of Cyprus was recognised with two prestigious accolades: Best Financial Institution Bond (Mid-Cap) across Europe, the Middle East and Africa, and Best Financial Institution Bond in South Eastern Europe. These awards mark the third consecutive year that the bank has been honoured by the esteemed EMEA Finance magazine, a testament to its sustained performance in the competitive global debt capital markets.
Voices of Satisfaction from Bank Executives
Despina Kyriakidou, the bank’s Treasury Director, expressed her pride in the recognition. She stated, “We are very pleased that our highly successful €300 million Tier 2 bond has received two awards at the annual EMEA Finance Achievement Awards.” Kyriakidou further emphasised that the awards not only reflect the success of the transaction but also the ongoing confidence that international investors have in the bank.
Kyriakidou added, “The fact that this is not the first time that the Bank of Cyprus has been recognised by a prestigious international institution confirms in practice the confidence shown in the bank by international markets and institutional investors.” She credited the awards to the bank’s strong financial position, consistent growth trajectory, and commitment to creating long-term value for shareholders while supporting the Cypriot economy.
A Bright Future for the Bank of Cyprus
The accolades from the EMEA Finance Achievement Awards not only celebrate past successes but also signal a bright future for the Bank of Cyprus. As it continues to attract significant interest from investors and maintain a strong presence in international markets, the bank is well-positioned to further enhance its reputation and continue contributing positively to both its shareholders and the broader Cypriot economy.
