OTP Bank’s Q3 Profit Surges Beyond Expectations OTP Bank reported a significant third-quarter performance, with consolidated adjusted profit after tax reaching HUF 318.514B (EUR 826M), an 8%... 2024.11.08.
Competition Authority Clears Acquisition of OTP Bank Romania The acquisition of OTP Bank Romania has been approved by the Romanian Competition Authority, economedia.ro reports. As a result, OTP... 2024.07.16.
Hungary’s Largest Commercial Bank OTP among the Top 30 in Europe OTP shares are now worth 15 percent more than at the beginning of the year, and on Friday the bank's... 2024.05.06.
Foreign Minister: Sanctions against Russia Have Not Achieved Their Goals Foreign Minister Péter Szijjártó at the Russian Energy Week last week Contrary to the expectations of the European Union, the... 2023.10.17.
OTP Bank’s Romanian Branches Still Looking for a Buyer The turmoil surrounding the sale of OTP Bank Romania continues unabated. At the same time, interest in the takeover of... 2023.08.04.
OTP Being on Ukraine’s War Sponsors List Is a Disgrace, Says Foreign Minister Hungary will not contribute to any further EU funding of arms transfers to Ukraine until Kiev removes Hungarian OTP Bank... 2023.07.05.
Ukraine’s Relations with Hungary Should Improve in Exchange for Further EU Funds Hungary will not approve the next tranche of €500 million from the European Peace Facility to finance new arms shipments... 2023.06.27.
Ukraine Refuses to Remove OTP Bank from “Sponsors of War” List Despite repeated requests by the Hungarian government for Ukrainian authorities to remove one of the largest Hungarian banks, OTP, from... 2023.06.23.
Credit Cards Are Popular, but Many Are Unaware of Their Advantages In Hungary, more than a quarter of the adult population already has a credit card, and another four percent plan... 2023.06.16.
Hungarian Bank Classified as “International War Sponsor” Ukraine's National Anti-Corruption Agency (NAZK) has placed Hungary's OTP Bank Group on its list of "international war sponsors" for its... 2023.05.05.
Leading Hungarian Bank Expands into Uzbekistan OTP Bank is to acquire the Uzbek Ipoteka Bank; the contract for the acquisition was signed by the two parties... 2022.12.13.
Ukrainian Government Piles Pressure on Largest Hungarian Bank Sándor Csányi, CEO of OTP, is looking at options on how to wind down the bank's Russian business According... 2022.08.12.
OTP Bank CEO Csányi: Relations with EU Should Be Restored "I would try to restore the relationship with the European Union. Hungary is in great need of these funds, which... 2022.05.05.
OTP Bank CEO: Gov’t Utility Price Cuts ‘Do No Good’ The Hungarian government’s utility price cuts are unsuitable, as people and businesses need to feel the burden of high energy... 2022.04.27.
OTP Bank CEO: “I know Putin, but I dare not predict the outcome of the war” Sándor Csányi, CEO of OTP Bank, spoke about Russian President Vladimir Putin, the Russian-Ukrainian war, and the outlook for OTP... 2022.03.07.
First Module of AI Supercomputer Developed by OTP Bank and Innovation Ministry Inaugurated The first module of an AI supercomputer built in partnership between the Ministry of Innovation and Technology (ITM) and OTP... 2022.01.31.