OTP BANK
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Romanian Antitrust Watchdog Looks Into OTP Bank's Millennium Takeover
The Romanian Competition Council is looking into the takeover of the Romanian subsidiary of Portugal’s Millennium bcp by OTP Bank Romania, a member of Hungarian group OTP, the institution sa...
OTP Bank Buys Millennium Bank Romania In EUR39M Deal
OTP Bank Romania on Wednesday signed an agreement with Portugal’s Millennium bcp to purchase the latter’s local subsidiary for a total sum of EUR39 million.
OTP Bank Romania Returns To Profit In 1Q
OTP Bank Romania, a unit of Hungarian OTP Bank, posted a net profit of HUF1 billion (EUR3.2 million) in the first quarter, the most it's earned in nearly three years, driven by a higher oper...
OTP Bank Romania 2013 Loss Narrows To EUR13.9M
OTP Bank Romania, the local unit of Hungary’s financial group OTP, posted loss of HUF4.14 billion (EUR13.9 million) in 2013, down 25% from HUF5.53 billion in 2012, due to a rise in operating...
Raiffeisen Becomes Romania's Most Profitable Bank In 2012
Raiffeisen Bank was the most profitable bank in Romania last year, posting 392 million lei (EUR90 million) in net profit.
OTP Bank Romania Increases Capital To RON733M
OTP Bank Romania, the local unit of Hungary’s financial group OTP, has increases its share capital by some 50 million lei (EUR11 million) to RON732.9 million, the lender said in a statement...
OTP Bank Romania Switches To Losses In First Half
OTP Bank Romania, the local unit of Hungary’s financial group OTP, has switched to a loss of 242 million Hungarian forints (EUR869,000) in the first half of 2012, versus profit of HUF1.47 bi...
OTP Group Still Looking For Takeover Opportunities In Romania
OTP is still interested in buying a smaller Romanian bank, and it could resume talks to this end in the second half of the year, because Romania is a primary target for the group’s expansion...
OTP Bank Romania Ups Share Capital To RON683M
OTP Bank Romania, the local unit of Hungary’s financial group OTP, has increases its share capital by 140 million lei (EUR32 million) to RON683 million, the lender said in a statement Wednes...