OTP Bank Romania loan portfolio grew 8% and the number of deposits grew 6%.
The bank’s operating profit grew 12% on the year in 2017, as spending grew 1% and operating revenue grew 4%.
The bank said its consumer loans and loans to small and medium-sized enterprises were the main growth drivers, growing 5% and 18%, respectively.
OTP Romania’s non-performing loan (NPL) rate fell 3.9 percentage points on the year in 2017, to 13.5%.
In 2017, OTP increased the Romanian subsidiary’s share capital by RON125 million.