“As we quantify operations, we see an increase in market share and positive results recorded at the end of the year, when both lending and savings went up fast, at a two-digit rate,” Gyula Fatér, CEO of OTP Romania said.
Net interest income rose 10% to RON498 million last year, driven by the 21% increase in performing loan volume.
Total assets reached RON19.29 billion in 2021, 24% higher than in 2020.
Corporate loans doubled compared with the previous year to RON5.7 billion. Retail loans decreased by 9% year-on-year to RON6.7 billion in 2021.
OTP Bank Romania also recorded a 93% rise in corporate deposit volume to RON5.28 billion last year, while retail deposits decreased by 14% to RON5.8 billion.
(English version by Loredana Fratila-Cristescu)