The acquisition of Millennium Bank Romania brings OTP closer to its goal to make it among the top ten banks in Romania on the medium term, OTP Bank Romania general executive manager László Diósi said in a press release Thursday.
Millennium Bank Romania has around 80,000 clients and a network of 56 units and 58 ATMs, mainly in Bucharest. Following the takeover, OTP Bank reaches 400,000 clients, 140 units and 180 ATMs.
OTP Bank Romania expects the integration of Millennium operations will take one year.