Eurobank has announced that it has extended the deadline for applications to its voluntary exit scheme until Friday, March 28, 2026, following its initial launch on March 9, 2026.

The bank had originally set the deadline for participation at March 23, 2026, before deciding to grant additional time to employees.

The voluntary exit scheme is described as one of the most attractive ever offered, featuring an additional compensation of 10 per cent on top of the total amount employees are entitled to receive.

The total compensation package exceeds €200,000, while also including a range of additional benefits for participants.

The bank is aiming for the departure of approximately 300 employees through the scheme.

The programme is being applied for the first time to all staff, including employees from CNP, the former Eurobank Cyprus, and the former Hellenic Bank.

A key requirement for participation is a minimum of five years of service, while applicants must also be over 35 years old at the time the scheme comes into effect.

According to the terms of the scheme, the final compensation amount is calculated based on years of service, annual gross salary, age factor, and tenure.

The maximum compensation amount under the scheme reaches €200,000 and is tax-free, with additional benefits available to the first 125 employees who opt to participate.

The scheme forms part of a broader organisational restructuring following the merger with Hellenic Bank and CNP Insurance.

In September 2025, the bank’s management had already signalled the introduction of a voluntary exit plan within a 12-month horizon as part of the integration process.