A cybercrime gang tricked victims into handing over millions of forints via fake bank calls and remote access tools.Continue reading
The OTP Group ranked second among Europe’s best-performing banks in S&P Global Market Intelligence’s 2025 ranking, following last year’s first place, the financial institution told MTI on Tuesday.
The ranking is based on S&P’s annual analysis, which compares Europe’s 50 largest listed banks in terms of return on equity, net interest margin, cost efficiency, credit portfolio quality, and capital adequacy, among other factors, the announcement said.
S&P Global Market Intelligence’s renewed recognition confirms the soundness of our strategy and our long-term financial stability, said CEO Péter Csányi, adding that the banking group remains committed to sustainable growth and innovative, secure, and customer-focused financial services.
The bank group serves 17 million customers in 11 countries in Central and Eastern Europe and Central Asia with 400,000 employees. OTP has acquired 25 banks since the early 2000s.
The company’s consolidated adjusted after-tax profit was 1,076.140 billion HUF (approx. 2.7 billion EUR) in 2024, which is 19% higher than a year earlier.
OTP Bank Nyrt. is a premium category issuer on the Budapest Stock Exchange. Its share price fluctuated between 16,850 HUF (approx. 42.22 EUR) and 28,740 HUF (approx. 72.00 EUR) over the course of the year, closing at 27,720 HUF (approx. 69.45 EUR) on Monday.
Via MTI; Featured photo: Facebook/ OTP Bank