Hellenic Bank will officially adopt the name Eurobank Limited following its legal consolidation with Eurobank Cyprus, according to a decision by the board of directors on May 27.

Cyprus is stepping up efforts to bolster its maritime sector, with President Nikos Christodoulides reaffirming that shipping will be among the key priorities during the country’s upcoming EU Council Presidency in 2026.

Cyprus recorded €43.8 million in high-value property transactions in April 2025, marking a 52.8 per cent drop compared to March, according to real estate analytics firm Ask Wire.