Hungary's largest bank by market share and capital is the 13th largest bank in Ukraine, the decision will affect eight branches out of the 140 it has in Ukraine and about 20,000 customers.

OTP BANK-RUSSIA/ (UPDATE 2, PIX):UPDATE 2-Hungarian central bank recommends OTP take precautions, cites Russian unit Reuters Published 29 May 2024, 11:15 PM IST ...

Hungary's OTP Bank, Central Europe's largest independent lender, is under pressure from the government of Ukraine, where the bank is also present, to sell its Russian unit, Chief Executive Sandor ...

OTP Bank's net profit rose by almost a tenth to more than 1.0 trillion forints ($2.9 billion) in 2024, driven by a more than 40% surge in profits from its Russian unit to 137 billion forints ($372 ...

Flush with cash, Hungary’s biggest bank is going on a buying spree in eastern Europe. One of the region’s best-capitalized lenders, OTP Bank Nyrt has about $1 billion on hand for acquisitions ...

Hungary’s OTP Bank CEO Seeks More M&A After Profit Boost. OTP looks to buy lenders in markets where it’s present: Csanyi; OTP’s expansion helped push assets to more than €100 billion ...

Ukraine’s National Agency on Corruption Prevention (NACP) has removed Hungarian bank OTP from its list of “war sponsors”, according to the agency’s press service. “During the discussions that lasted ...

Hungary's OTP Bank , Central Europe's largest independent lender, is under pressure from the government of Ukraine, where the bank is also present, to sell its Russian unit, Chief Executive Sandor ...