Eurobank backing tourism with over €580M in funding

The Eurobank management is currently on a tour of Rhodes and Kos as part of the bank’s strategy to strengthen regional entrepreneurship, with a particular focus on the tourism sector, which serves as a key driver of growth for both islands.

The delegation is led by CEO Fokion Karavias, accompanied by senior executives of the Group. During the visit, meetings are being held with institutional stakeholders, local government representatives, business leaders, as well as bank employees, aiming to better understand local market needs and enhance cooperation.

According to Eurobank’s planning, total financing for Rhodes and Kos is expected to exceed €580 million over the 2023–2028 period. By the end of 2025, more than €335 million had already been disbursed, with a significant share directed toward investments in tourism and hospitality, trade, services, manufacturing, construction, and the real estate market.

At the same time, the bank continues, for the 16th consecutive year, its Business Banking Tourism programme, through which more than 60,000 SMEs across Greece have been supported with liquidity and financing solutions tailored to the sector’s needs.

As part of its strategy for sustainable local development, Eurobank is also implementing initiatives with social and environmental impact. Notably, in Rhodes, following the 2023 wildfires, the bank contributed to flood prevention and anti-erosion projects aimed at strengthening the region’s resilience.

During an event in Rhodes focused on the prospects of Greek tourism, CEO Fokion Karavias highlighted the sector’s resilience and the bank’s role as a stable financing partner for the sustainable development of local economies.

The event also featured contributions from Elia Kikilias and Tasos Anastasatos, with discussions focusing on emerging challenges and opportunities for Greek tourism in an environment of heightened geopolitical uncertainty.

Eurobank reiterated its commitment to supporting long-term investments, contributing to a more competitive and sustainable regional development model centred on tourism.