OTP
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OTP Bank Romania Posts RON58M Net Profit in 2021
OTP Bank Romania ended 2021 with RON58 million net profit, more than double the net profit of 2020. Operating profit shrank by 24% to RON123 million in 2021 compared with 2020, OTP Bank Roma...
OTP Bank Sees Romania’s Economy Growing By 7.2% In 2021
Romania’s economy significantly slowed down its growth rate in the third quarter of 2021 and a slight recession is possible in the fourth quarter of 2021, in the context in which the economy...
Italy’s Intesa And Hungary’s OTP Left In Race For Garanti Bank Romania
Spain’s BBVA put for up sale Garanti Bank Romania, a top ten bank in the local system, in the second half of last year, and banking sources say the contenders left in the race are Italy’s In...
OTP Bank Romania Seeks To Boost Market Share To 3% In 2020
OTP Bank Romania, the subsidiary of the largest banking group in Hungary, could reach some 3% market share in Romania in 2020, as the bank pursues its strategy to grow its market share to 5%...
OTP Chairman Sándor Csányi Plans To Develop Real Estate Projects In Oradea
Sándor Csányi, one of the richest men in Hungary and also the chairman of OTP Bank has real estate operations in Romania, having got two plots of land for future developments in Oradea.
Romania Central Bank Denies Clarence to OTP Bank's Banca Romaneasca Acquisition
Romania's central bank has decided not to approve Hungarian group OTP's bid to buy lender Banca Romaneasca from National Bank of Greece (NBG).
Hungarian Group OTP Injects RON125M Into Romanian Subsidiary
Hungarian group OTP has injected RON125 million into the share capital of its Romanian subsidiary, according to an announcement on the Hungarian Stock Exchange.
OTP Bank Gets Antitrust Clearance to Buy Banca Romaneasca
Romania’s Competition Council on Wednesday cleared OTP Bank Romania's acquisition of Banca Romaneasca, sources on the market said.
Hungarian Group OTP Close To Buying Banca Romaneasca From Greek Group NBG
Hungary’s largest bank group, OTP, is close to acquiring Romania’s Banca Romaneasca from Greek group National Bank of Greece (NBG), according to the latest data on the market.