OTP
33 articole · RSS
Swiss Franc Strengthening Brings Special Measures At OTP
The rocketing Swiss franc, which climbed beyond the RON4 threshold, pushed OTP Bank to take unprecedented steps to support clients: a one-percentage point interest cut over periods of six mo...
What RBS Has For Sale In Romania And Why Investors Are Not Rushing In To Buy
It has long been known that UK’s RBS is not interested in doing business in Romania and it seeks to sell its local portfolio, or rather what is left of it. In fact, the UK parent bank itself...
Overdue Swiss Franc Loans Double In One Year
With the Swiss franc at an all-time high against the leu, bankers can do nothing but sit and watch the overdue loans rise fast. After the franc has gone up 60% against the leu since the begi...
Today It’s Cheaper To Buy A Bank Than To Grow Organically - OTP Boss
It has become cheaper for a banking group looking to consolidate its presence on the market to buy a bank rather than invest in organic growth, says Laszlo Diosi, head of OTP Bank, the domes...
BNP Paribas, OTP And Two Investment Funds In The Race For RBS
RBS Bank Romania, the local subsidiary of the Royal Bank of Scotland put up for sale as part of the reorganization plan of the British group shaken by the losses of the last few years, could...
OTP Bank Romania Returns To Profit
OTP Bank Romania, the domestic subsidiary of Hungary's biggest financial group, managed to return to profit with some EUR0.5 million result in the first quarter of 2011, after having piled u...