Best private bank: Bank of Cyprus
Bank of Cyprus demonstrated clear momentum during the review period, delivering measurable growth, enhancing its advisory capabilities, and advancing targeted digital initiatives that elevated its private banking offering in Cyprus.
A standout indicator of this performance was the 36% increase in assets under management between July 2024 and June 2025. This uplift reflected deeper client engagement, increased inflows and greater adoption of structured investment services – signalling a shift toward more sophisticated, long-term portfolio management.
The bank’s PrivilEDGE offering, which is invitation-only for individuals with investable funds or income that would allow them to diversify their wealth through investments, played a decisive role in this transition by moving clients beyond basic execution services into more comprehensive advisory relationships.
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