The following list of banks in Cyprus is to be understood within the framework of the European single market and European banking union, which means that the Cypriot banking system is more open to cross-border banking operations than peers outside of the EU. The list leaves aside the country's National Central Bank within the Eurosystem, the Central Bank of Cyprus.
European banking supervision distinguishes between significant institutions (SIs) and less significant institutions (LSIs), with SI/LSI designations updated regularly by the European Central Bank (ECB). Significant institutions are directly supervised by the ECB using joint supervisory teams that involve the national competent authorities (NCAs) of individual participating countries. Less significant institutions are supervised by the relevant NCA on a day-to-day basis, under the supervisory oversight of the ECB. [1] In the case of Cyprus, the NCA is the Central Bank of Cyprus. [2]
As of 1 September 2025, Bank of Cyprus was the only Cypriot banking group included in the list of significant institutions maintained by the ECB. [3]
Two SI banking groups based in Athens, Alpha Bank and Eurobank Ergasias, also have operations in Cyprus. A study published in 2024 estimated that, following its acquisition of Hellenic Bank, Eurobank Ergasias had Cypriot assets of the same order of magnitude as Bank of Cyprus. [4]
As of 1 September 2025, the ECB's list of supervised institutions included six Cypriot LSIs, three of which were designated by the ECB as "high-impact" on the basis of several criteria including size: Ancoria Investments (a financial holding company), Astrobank (subsequently acquired by Greece's Alpha Bank), and the Housing Finance Corporation, a state-owned bank. The three other Cypriot LSIs were Ancoria Bank (subsidiary of Ancoria Investments), Société Générale Bank Cyprus Ltd (affiliate of Paris-based Société Générale), and the Cyprus Development Bank. [3]
In addition to the above institutions under European banking supervision, the following are foreign branches as of 18 June 2025 [update] . [5]
| Full name | Call name | SWIFT code | Majority owner | Capital | Locations |
|---|---|---|---|---|---|
| Arab Jordan Investment Bank (CY) | AJIB-CY | AJIBCY2IXXX | Arab Jordan Investment Bank |  | Limassol, Nicosia |
| Banque SBA Cyprus | SBA | SBAACY2IXXX | Banque Libano-Française S.A.L. |  | Limassol |
| Central Cooperative Bank Branch Cyprus | CCB | BLOMCY2IXXX | Central Cooperative Bank PLC |  | Nicosia |
| Cyprus Branch of EFG Bank (Luxembourg) | EFG | ERBKCY2NXXX | EFG Bank (Luxembourg) SA |  | Limassol |
| First Investment Bank Cyprus Branch | Fibank | FINVCY2NXXX | First Investment Bank Ltd | | Nicosia |
| Jordan Ahli Bank (Cyprus) | ahli | JONBCY2IXXX | Jordan Ahli Bank plc | | Limassol |
| Jordan Kuwait Bank (Cyprus) | JKB | JKBACY2LXXX | Jordan Kuwait Bank plc | | Limassol |
A number of former Cypriot banks, defined as having been headquartered in the present-day territory of Cyprus, are documented on Wikipedia in English. They are listed below in chronological order of Cypriot establishment.
In addition, the Ottoman Bank deserves mention as having been the first modern bank established on the island, present there for nearly a century from 1864 to 1963. [6] [7]
Media related to Banks of Cyprus at Wikimedia Commons
