OTP BANK
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OTP Bank: Romania’s Economic Growth to Slow Down in H1, Rebound in H2
Romania’s economic growth will slow down in the first half, following a decline in household spending, investments and the compression of the export growth rate, but has solid prospects of a...
OTP Bank Continues To Support Entrepreneurs In 2023 Via IMM Invest Plus Program
OTP Bank, the Romanian subsidiary of Hungary's largest banking group, said it would continue in 2023 the partnership concluded within the IMM Invest PLUS program aimed at supporting Small an...
OTP Bank: Romania’s GDP Growth Seen Below 5% In 2022 And At 2.3% In 2023
Romania’s economic growth is slowing down as the market tries to adapt to high energy prices, with a GDP growth estimated at 5% in 2022 and at 2.3% in 2023, according to an analysis by lende...
OTP Bank Sees Romania’s Economy Growing By 4% In 2022
OTP Bank expects Romania’s economy to increase by 4% in 2022 and to slow down its growth pace to 3.5% in 2023, the lender said in a report.
OTP Bank Sees Romania’s GDP Growth Below 2% In 2022
OTP Bank said in a report on Monday that Romania’s economic recovery is seen slowing substantially in 2022 and the country’s GDP growth is expected to stay below 2% in 2022 as inflation erod...
OTP Bank: Number Of Clients Using Internet Banking Service During Pandemic Grows By 75%
OTP Bank Romania, the domestic subsidiary of Hungary’s biggest banking group, has announced a 75% surge in the number of clients who carried out banking transactions using the Internet Banki...
OTP Profit Slides 65% to RON14M In Jan-Sept 2021 Vs. Year-Earlier Period
OTP Bank Romania, the domestic subsidiary of Hungary’s biggest banking group, registered consolidated profit after tax worth RON14 million in the first nine months of 2021, down 65% from the...
OTP Bank Raises Share Capital By RON250M
OTP Bank Romania, the local subsidiary of the largest banking group in Hungary, has increased its share capital by RON250 million, to over RON2 billion, part of the bank's organic developmen...
Developer Oasis Retail Gets EUR9M Loan from OTP Bank for Retail Park
Real estate developer Oasis Retail Development & Consulting, owned by Klaus Reisenauer and Kurt Wagner, has taken a EUR9 million loan from OTP Bank to build a 60,000-square-meter retail park...