Global Finance names Bank of Cyprus among best digital banks of Western Europe

Bank of Cyprus among best digital banks of Western Europe by the reputable magazine Global Finance by the reputable magazine Global Finance

Bank of Cyprus has been named among the top digital banks in Western Europe for 2019 by the reputable magazine Global Finance. This international acclaim validates that the Bank's ongoing efforts and investment in its digital transformation program are yielding results.

Global Finance announced the First Round winners for the 2019 World’s Best Consumer Digital Banks Awards, selecting Bank of Cyprus as the country winner for Cyprus.

The awards recognize banks for their achievements in digital banking. Winners were chosen among entries evaluated by a world-class panel of judges at Infosys, a global leader in consulting, technology and outsourcing.

Winning banks were selected based on the following criteria: strength of strategy for attracting and servicing digital customers, success in getting clients to use digital offerings, growth of digital customers, breadth of product offerings, evidence of tangible benefits gained from digital initiatives, and web/mobile site design and functionality.

"Digital banking is not only the future but, increasingly, the present," said Joseph D. Giarraputo, publisher and editorial director of Global Finance. "The Digital Bank Awards recognize and celebrate innovation and excellence in this area."