OTP bank retail news

The overall performance of 2022 was shaped mainly by the direct and indirect impact of the war between Russia and Ukraine broken out on 24 February. As part of the acquisition activity, in 2022 OTP successfully completed the purchase of Alpha Bank in Albania, and the third quarter results already incorporated the balance sheet and P&L numbers of the newly acquired entity. On 6 February 2023 the purchase of Nova KBM in Slovenia was financially closed, the balance sheet and P&L numbers will be consolidated in the first quarter figures. The transaction represented the biggest ever...

OTP banka d.d. welcomes all initiatives aiming at environmental protection and other factors that define investments as sustainable, including environmental, social and employee issues, as well as issues related to respect for human rights and the fight against with corruption and bribery. The Regulation (EU) 2019/2088 of the European Parliament and of the Council on sustainability‐related disclosures in the financial services sector (hereinafter referred as: Regulation) is considered to be a milestone in the ESG related EU legislation by requiring the disclosure of specific information on...

OTP BANKA d.d. welcomes all initiatives aiming at environmental protection and other factors that define investments as sustainable, including environmental, social and employee issues, as well as issues related to respect for human rights and the fight against with corruption and bribery. The Regulation (EU) 2019/2088 of the European Parliament and of the Council on sustainability‐related disclosures in the financial services sector (hereinafter referred as: Regulation)  is considered to be a milestone in the ESG related EU legislation by requiring the disclosure of specific information...

At the today’s ceremony at the headquarters of OTP banka d.d. in Split, the Agreement on financing the construction of the SE KOLJANE solar power plant was signed. The Agreement was signed by Ante Kojundžić, director of EUROTIM EKO d.o.o., Balázs Békeffy, president of the Board of OTP banka d.d. and Andreas Rörig, President of the Board of E.ON Croatia. Along with other representatives of EUROTIM d.o.o., OTP banka d.d., E.ON Hrvatska, a member of the HAMAG BICRO Management Board, Ms Marijana Oreb, was also present at this signing ceremony. "The company EUROTIM d.o.o. celebrated its 31st...

The OTP Group, as a sponsor of the European Water Polo Championship, organized an evening celebrating sport and humanity, and together with its partner Mastercard, the second birthday of the OTP Round Up donation scheme with a concert by Gibonni and the Mediterraneo Quartet. With its members from Hungary, Serbia, Montenegro and, of course, Croatia, OTP group is the sponsor of the European Water Polo Championship in Split, on which occasion it organized an event for its clients. In the garden of the Meštrović Gallery in Split, we marked this significant sporting event and together with our...

Consolidated earnings: close to HUF 251 billion 1H adjusted profit after tax (2Q: HUF 162 billion), q-o-q improving NIM, significant decrease in risk costs, stable portfolio quality, ytd 8% increase in performing loan volumes (FX adjusted, without the Russian and Ukrainian volumes). Considering OTP’s exposures to Russia and Ukraine at the end of 2Q 2022, it is important to note that while volumes didn’t change in RUB/UAH terms or even declined, due to the depreciation of HUF their weight within the Group increased q-o-q. Accordingly: the combined weight of Ukrainian and Russian assets out...

By signing a new contract with the Croatian National Theatre in Split at the press conference announcing the opening of the Split Summer Festival, OTP banka confirmed a partnership that has been going on for over three decades. The contract was signed by the member of the Board Mr Zvonimir Akrap on behalf of OTP banka and manager of the Croatian National Theatre in Split Mr Srećko Šestan. "It is our pleasure to continue more than three-decade-long partnership between the Split theatre and OTP banka. Tradition and partnership are some of our values, and in this way,  we once again prove...

The new sponsorship agreement testifies to the long-term status of OTP banka as one of the most important partners of the Jug Adriatic osiguranje, the current champions of Croatia and the most trophy-winning Croatian water polo club.  The new sponsorship contract with which OTP bank continues its more than two-decade-long tradition of supporting Dubrovnik water polo players was ceremoniously signed at the swimming pool in Gruž. The agreement was signed by the president of the Board Mr Balázs Békeffy, on behalf of OTP banka who said: I congratulate Jug on winning another title. As a...

By signing a two-year contract on business cooperation at the Šibenik Fortress of St. Michael today, the partnership between OTP banka and Fortress of Culture Šibenik that started last year, continued. The contract was signed by the President of the Board, Mr Balázs Békeffy, on behalf of OTP banka and Ms Gorana Barišić Bačelić, director of the Fortress of Culture Šibenik. "The business policy of OTP banka is, in addition to providing superior financial services to all its clients, building deep connections with all the local communities in which it operates. A year ago, we started our...

Upon a public tender for awarding of donations and as a part of its scheme “Green light…for a better society” OTP banka d.d. selected 35 projects to which it will donate a total of HRK 500,000. For the eleventh year in a row, OTP Bank has organized a public tender for the awarding of donations to projects in four categories: youth, education and science, preservation of cultural, historical and traditional heritage, and preservation of the environment, humanitarian projects and sports. The public tender committee for the awarding of donations selected 35 projects from hundreds of...