The Bank of Cyprus ranks among the world’s top banks, according to the first annual ranking “World’s Top Performing Banks 2026” by Forbes magazine, conducted in collaboration with the market research firm Statista.
The Bank ranked 19th among 102 medium-sized (Tier 4) banks worldwide and is the only Cypriot bank included on the list.
It should be noted that Bank of Cyprus was the only bank in the Greek-speaking world to participate in the Tier 4 category.
ΣΧΕΤΙΚΑ ΑΡΘΡΑ
The ranking, which includes 500 banks from 89 countries, was compiled based exclusively on objective financial data.
The evaluation was based on four parameters. Specifically, it took into account profitability (30%), earnings growth and quality (20%), capital and funding resilience (25%), and asset quality and efficiency (25%). Banks were classified into six categories based on the size of their assets, so that comparisons could be made between institutions with similar characteristics.
The Bank of Cyprus was included in Tier 4 (medium-sized banks with assets between $20 billion and $50 billion).
Statement by the Group’s Chief Executive Officer, Panikos Nicolaou
“Bank of Cyprus’s recognition by Forbes as one of the world’s leading banks is a particularly significant distinction and yet another confirmation of our resilience, our financial strength, and the consistency with which we implement our strategy.
Our ranking, in an assessment based exclusively on objective financial data, confirms our strong capital base and the stable, sustainable path we have charted. Bank of Cyprus is currently in an excellent position, thanks to its diversified and efficient business model.
At the same time, this distinction not only reflects our own strong operational and financial performance but also confirms, on an international level, the broader resilience of the Cypriot economy in the face of challenges.
We remain committed to supporting the Cypriot economy and creating value for our shareholders, customers, and society at large.”
