OTP BANK
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CPI Property Group Secures EUR100M Financing From OTP Bank and ING Bank Romania For Sun Plaza Shopping Center
CPI Property Group (CPIPG) announced that its subsidiary, CPI Europe AG, has secured new financing worth EUR100 million for Sun Plaza, one of Bucharest’s leading shopping centers and a flagship retail asset within the Group’s portfolio.
Banca Transilvania Convenes Shareholders To Vote on Merger by Absorption with OTP Bank Romania and BT Building
The board of directors of Banca Transilvania, Romania’s largest lending institution, has convened the Extraordinary General Meeting of Shareholders for December 18th, a date when they will v...
Albota Law Firm Assists Nor Real Estate In Contracting EUR21M Loan From OTP Bank For Office Project In Bucharest
Albota Law Firm has assisted Nor Real Estate, a real estate developer part of Atenor Group, with signing a loan contract worth EUR21 million and the related guarantee package with OTP Bank R...
OTP Bank Romania Ends Q1 With RON219M Total Income
OTP Bank Romania posted total income of RON219 million in the first quarter of 2024, an increase of 2% year-on-year, while the net profit shrank by 88% to RON2 million, as per the report pub...
OTP Bank Analysis: Romania's GDP Growth To Accelerate To 2.8% In 2024, Budget Deficit To Stay Close To 6% Of GDP
Romania's economy may accelerate in 2024 up to nearly 2.8%, driven by household expenditures and a gradual rebound in exports, while investment growth will remain solid, in line with an anal...
Law Firm Filip & Company Assists Banca Transilvania in OTP Bank Romania Acquisition for EUR347.5M
Filip & Company team granted legal assistance to Banca Transilvania in the signing of documents for the acquisition of OTP Bank Romania, OTP Leasing and OTP Asset Management.
Sale Of OTP Bank Romania Makes Progress, Final Bids Expected For Early September
The sale of OTP Bank Romania is going ahead, and in Bucharest these days there are "management presentations" between OTP and the three banks it is in talks with.
Holde Agri Invest Takes Out Syndicated Loan of RON31M and EUR26.7M from Banca Transilvania and OTP Bank for Working Capital and Investments
Holde Agri Invest, a Romanian company exploiting around 13,200 hectares of farmland, on Thursday morning announced at the Bucharest Stock Exchange the signing of a syndicated credit agreemen...
OTP Bank Romania’s After-Tax Profit Shrinks To RON15M In Q1
OTP Bank Romania posted after-tax profit of RON15 million (HUF1 billion) in the first quarter of 2023, compared with RON24 million losses in the year-ago period, which was predominantly impa...