OTP BANK
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OTP Bank Romania Posts 88% Growth in Net Profit in 2017
OTP Bank Romania, part of Hungary's part of OTP Group, posted a profit of RON44.85 million after tax in 2017, up 88% compared with 2016, and its operating profit grew 12% on higher revenue,...
OTP Bank Gets Antitrust Clearance for Banca Romaneasca Acquisition
Romania’s Competition Council on Monday confirmed it has cleared OTP Bank Romania's acquisition of Banca Romaneasca.
Competition Council Looks Into Takeover Of Banca Romaneasca By OTP Bank Romania
Romania’s Competition Council on Wednesday said it is looking into the transaction whereby OTP Bank Romania is acquiring Banca Romaneasca SA, as well as the Romanian assets of the London sub...
OTP Bank Romania Taps Export Factoring Market For SMEs And Corporations
OTP Bank Romania said in a statement on Monday that it is extending its range of factoring products by launching the export commercial factoring for small and medium-sized enterprises (SMEs)...
OTP Bank Buys Banca Romaneasca From National Bank of Greece
Hungary's OTP Bank has reached an agreement to purchase lender Banca Romaneasca from National Bank of Greece, which is selling assets in the Balkans, including its Romanian operations, to co...
OTP Bank Romania Posts RON19M Consolidated Profit in 1Q
OTP Bank Romania on Tuesday reported a consolidated profit after tax of RON19.1 million for the first quarter.
OTP Bank Romania Launches Loan For Pre-Financing Farming Subsidies
OTP Bank Romania will launch the loan for pre-financing the subsidies granted by agriculture support agency APIA, for legal entities, registered sole traders, family businesses and individua...
OTP Bank: Medium, Long-Term Evolution Of Mortgage Lending Seen Positive
The mortgage loan market will register a positive evolution on medium and long term, given the economy and real estate market trends, according to OTP Bank representatives.
OTP Bank Raises Required Down Payment On Mortgage Loans
OTP Bank, a mid-sized player in the banking sector, controlled by Hungary’s largest financial group OTP, has decided to raise the down payment required on mortgage loans in lei and foreign c...