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OTP BANK

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OTP Bank Romania Posts RON22M Profit in 2020
Banks-Insurance

OTP Bank Romania Posts RON22M Profit in 2020

OTP Bank Romania, the local subsidiary of the largest banking group in Hungary, reported a consolidated profit after tax of RON22 million in 2020, lower than in 2019 due to increased risk co...

Oana Gavrila · 05.03.2021 · 17:14 · 1 min
Serban Group Of Firms Gets RON24M Financing From OTP Bank To Develop Its Current Activity
Companies

Serban Group Of Firms Gets RON24M Financing From OTP Bank To Develop Its Current Activity

Serban group of firms , active in the field of agribusiness and established in 1994 by Nicolae Serban in Onesti, has contracted a financing of RON24 million from OTP Bank, in order to develo...

Ecaterina Craciun · 10.12.2019 · 12:46 · 1 min
OTP Bank Romania Doubles Financing for Agriculture in 2018
Banks-Insurance

OTP Bank Romania Doubles Financing for Agriculture in 2018

OTP Bank Romania posted 112% growth in the volume of financing it granted to the agriculture sector in 2018, driven by high demand for pre-financing of agriculture subsidies and loans for in...

Oana Gavrila · 05.06.2019 · 11:57 · 1 min
OTP Bank, Merkantil Bank Zrt Boost OTP Leasing Romania’s Share Capital By RON5.5M
Banks-Insurance

OTP Bank, Merkantil Bank Zrt Boost OTP Leasing Romania’s Share Capital By RON5.5M

OTP Leasing Romania increased its share capital by RON5.52 million, through cash contribution, with OTP Bank Romania participating in the operation with RON3.3 million, and Merkantil Bank Zr...

Ecaterina Craciun · 26.11.2018 · 17:17 · 1 min
OTP Bank Romania Funds First Private Industrial Park in Craiova, S Romania
Real Estate

OTP Bank Romania Funds First Private Industrial Park in Craiova, S Romania

Lender OTP Bank Romania is lending EUR28 million to property developer Zacaria for the first private industrial park in Craiova, southern Romania, the bank said Monday.

Oana Gavrila · 05.11.2018 · 10:59 · 1 min
InterDoga Gets EUR5M Loan from OTP to Fund Green Park Iasi Residential Project
Real Estate

InterDoga Gets EUR5M Loan from OTP to Fund Green Park Iasi Residential Project

German group InterDoga, which bought the Green Park residential project in Iasi, eastern Romania, this spring, borrowed EUR5 million from OTP Bank Romania to cover the acquisition of 181 apa...

Oana Gavrila · 10.09.2018 · 12:10 · 1 min
OTP Bank Romania Posts Biggest Quarterly Profit Ever In 1Q/2018
Banks-Insurance

OTP Bank Romania Posts Biggest Quarterly Profit Ever In 1Q/2018

OTP Bank Romania registered an adjusted profit after tax of RON22.5 million in the first quarter of 2018, ”the biggest quarterly profit ever”, up 18% against 2017 and up 60% versus the previ...

Ecaterina Craciun · 15.05.2018 · 13:29 · 1 min
OTP Bank Romania Cancels Acquisition Contract for Banca Romanesca
Banks-Insurance

OTP Bank Romania Cancels Acquisition Contract for Banca Romanesca

OTP Bank Romania has annulled its contract to acquire Banca Romaneasca from National Bank of Greece after being denied central bank approval for the deal.

Oana Gavrila · 19.04.2018 · 14:23 · 1 min
Romania Central Bank Officially Opposes OTP Bank’s Intention To Buy Banca Romaneasca
Banks-Insurance

Romania Central Bank Officially Opposes OTP Bank’s Intention To Buy Banca Romaneasca

Romania's central bank officially announced on Thursday it opposes OTP Bank Romania’s intention to buy lender Banca Romaneasca, the local division of National Bank of Greece (NBG) Group.

Ecaterina Craciun · 15.03.2018 · 16:13 · 1 min