Press

In 2014, OTP banka continued to strengthen its market shares in all strategic segments. With the successful integration of BPC and fully covered acquisition costs, OTP banka recorded profit. Along with successful integration of Banco Popolare Croatia, OTP banka ended 2014 with HRK 155.2 million net profit. Banking business operations exceeded planned values in the segment of operating income and lower operating costs. Income from interest in the previous year was under the negative impact of the reduction of interest rates on retail loans, conditioned by the drop of the reference interest...

Within the "Green Light for Knowledge" program, OTP banka continues to help students with lower income status with scholarships. During the past five years, the bank has set aside more than HRK 3 million for this program. In the academic year 2014/2015 OTP banka granted HRK 508,000 for scholarships to 70 students with lower income status from Istria County, City of Zadar, City of Sisak, municipalities Župa dubrovačka, Gradac and Nuštar, as well as the students from the University of Zadar. This project is realized in partnership with local authorities, which means that the bank as partner...

After seven months, the process of integrating of the two banks is successfully completed. On December 1, 2014, legal and IT integrations of Banco Popolare Croatia into the OTP banka system were finalized. Decision made by the Commercial Court in Zadar on December 1, 2014 OTP banka concluded legal integration process of Banco Popolare Croatia. OTP banka started the integration project after the purchase of BPC on April 24 this year. In an impressive period of only seven months the integration was prepared, while preparations for technical integrations were concluded within four months....