Eurobank extends voluntary exit scheme with sweeter deals for early leavers

Time is running out for Eurobank staff to cash in on record payouts. Will the bank meet its 300-employee target before the deadline?

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2026 March 29 . 8:16 PM

1 min read

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Eurobank extends voluntary exit scheme with sweeter deals for early leavers

Eurobank has extended its voluntary exit scheme, now offering enhanced incentives to encourage staff departures. The programme, originally due to close on March 16, will remain open until March 27. Employees who leave within one week of the announcement can receive an extra 10% on top of a €200,000 lump sum. The bank first announced the scheme around March 2026, targeting up to 300 employees from Eurobank Ltd and its insurance subsidiaries. So far, around 60% of this target has been met, though no official participation numbers have been released. A similar 2025 programme saw 154 approvals.

To make the offer more appealing, Eurobank expanded its package of benefits. Staff who exit early can receive up to €210,000, with the first €200,000 tax-free. The bank also added extended medical and life insurance coverage, along with retained loan terms for departing employees.

The current incentives, however, will not be repeated in future schemes. Meanwhile, Eurobank is shifting its hiring focus toward expertise in modern technology, AI, digital transformation, and risk management. The deadline for the voluntary exit scheme now falls on March 27. Those who leave early gain the highest financial rewards, including tax-free payments and extended benefits. The bank has not confirmed how many employees will ultimately participate.