The bank entered the Romanian brokerage market in 2009.
OTP Bank was ranked 34th in the Bucharest bourse’s brokers chart, with total deals amounting to 68.3 million lei (EUR15.2 million) in the first eleven months of the year.
In 2011, the bank was ranked 24th with trades of RON175.1 million and a market share of 0.75%.
OTP Bank Romania is part of Hungarian group OTP Bank.
ING Bank and UniCredit CAIB also exited the local brokerage market this year. (EUR1=RON4.4778)