OTP banka d.d. named best bank in Croatia according to Global Finance Magazine
A reputable financial magazine Global Finance named OTP banka the best bank in Croatia, and OTP Group the best financial group in Central and Eastern Europe. In addition, OTP Bank in Hungary, OTP Bank in Romania, SKB in Slovenia and CKB in Montenegro were named among top 30 banks in the region.
This award is a recognition of enduring work and commitment in expansion and optimisation of activities throughout the region, and keeping an eye on the market and its requirements. Recognition of best banks in terms of services, stability and institutional knowledge is exceptionally important in the challenging times, as asserted from Global Finance. The criteria considered for this prestigious award were both objective and subjective. The objective criteria included growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products. Subjective criteria included the opinions of equity analysts, credit rating analysts, banking consultants and others involved in the industry.
„In the time fast-tracked development and numerous economic challenges, prudent management is crucial for achieving stability and providing reliable and accessible products and services to the clients, enabling them to reach their business and private goals. It is equally important to be highly flexible and adapt to changes, whether facing digital and technological or social ones. We are truly pleased that we are evidently successful in our efforts, as recognised not only by our clients and business partners, but also by international experts and analysts. The fact that we earned this award at the time of euro changeover is especially indicative, as that has been the single most demanding endeavour for the banks in Croatia. This success has been brought about by the joint efforts of the employees of OTP banka,” said Balázs Békeffy, president of the Board of OTP banka.