Following the operation, which was approved by the company’s shareholders in December last year, OTP Leasing has a share capital of RON26.636 million, divided into 2.66 million shares with a face value of RON10.

OTP Leasing Romania previously had a share capital of RON75.33 million, after it was increased by RON48.3 million in December 2010.

The company is more than 99.99% controlled by Merkantil Bank ZRT (Hungary) and the remaining stakes are held by OTP Bank Romania.

OTP Leasing Romania IFN, member of Hungary’s financial group OTP, was set up in 2007 and finances the acquisition of new and used cars, as well as of equipment used in agriculture and constructions.

OTP group is present on the local market through OTP Bank Romania, OTP Leasing Romania, OTP Consulting Romania and OTP Asset Management Romania. (EUR1=RON4.3724)