OTP bank retail news

We would like to inform you that the updated Data Protection Policy will come into force in April 25th, 2024. Amendments refer to point II. 4. Processing personal data based on legitimate interest. More details you can find on following links:   Data Protection Policy-VALID Data Protection Policy-NEW    

The Group’s semi-annual profit after tax reached EUR 1,3 billion, and the ROE indicator hit 23.6%. The 12% y-o-y profit decline was explained by the one-off direct effects of the inclusion of the two newly acquired banks in 1H 2023; in 1H 2024 no adjustment items occurred. The half-year adjusted profit after tax increased by 28%, whereas the FX-adjusted growth without the on-going profit contribution of the two newly acquired banks reached 22%. The semi-annual total risk costs increased by 83%, within that credit risk costs moderated by 25% due to the releases in 1Q 2024 in the OTP Core,...

S&P Global Market Intelligence published its inaugural ranking of Europe’s best-performing banks this July, revealing OTP Group as Europe's top performer in 2023.  Such an excellent ranking was propelled by a healthy mix of growth and particular financial indicators. S&P Global Market Intelligence ranked Europe’s 50 largest publicly traded banks by assets according to seven weighted financial metrics including return on average equity, net interest margin, noninterest income/average assets, cost-to-income, problem loan ratio, net stable funding ratio and common equity Tier 1...

Every year, Euromoney presents awards for excellence in different categories of banking operations, and this year OTP banka d.d. was proclaimed country’s best bank for SMEs and Corporate Responsibility The renowned Euromoney magazine presents their Awards for Excellence based on the criteria that include ability to demonstrate growth and development, profitability, ability to adapt to changing market conditions and client needs. This year, OTP banka d.d. in Croatia was presented two of these prestigious awards: Best Bank for SMEs, and Best Bank for Corporate Responsibility, which means that...

The partnership of OTP banka and the Public Institution of Šibenik Fortress of Culture commenced three years ago, only to continue today by signing a sponsorship agreement. The agreement was signed in the Barone Fortress in Šibenik by Bruno Biuk, member of the Board, on behalf of OTP banka and by Gorana Barišić Bačelić, director, on behalf of the Fortress of Culture. “After three years of successful cooperation, I am happy to sign a new cooperation agreement on behalf of OTP banka. I would like to congratulate to the Fortress of Culture on the fantastic job they do at all their venues. We...

For the thirteenth year running,  OTP banka d.d. invited the tender for donation applications, with eligible applicants from four categories: the young, education and science; protection heritage and environment; humanitarian projects and sports.    The commission chose 36 projects among which the Bank will distribute EUR 60,000. The selected projects are especially valuable for certain sensitive social groups, and their roll-out is expected to contribute to a higher quality of life in the communities involved. In 2024, donations were granted to the following associations,...

OTP banka re-affirms its position as the leading custodian bank in Croatia. Global Finance has announced its selections for the 22nd annual Best Sub-custodian Bank Awards. The selection included banks in 83 countries and 7 regions in the world.  Global Finance’s editorial board considered market research, input from expert sources and entries from banks to select the institutions that reliably provide the best services in local markets. The criteria included customer relations, quality of service, competitive pricing, technology platforms, business continuity plans and knowledge of...

OTP banka has once again shown its commitment to social responsibility and support to local communities. A total of 40 colleagues from OTP banka participated in the volunteer action held on May 28 in SOS Children's Village Lekenik. At the end of this commendable campaign, the member of the Board of OTP Bank, Mr Nikola Mikša, handed over a significant donation in the amount of EUR 15,000 to the SOS Children's Village Croatia Association, which has been providing a caring home for children without proper parental care for 32 years in two SOS Children's Villages in Lekenik and Ladimirevci....

After the donation to the hospital in Zadar in the amount of EUR 103,406, today the Osijek Clinical Hospital Centre was also presented a check for the same amount collected in the OTP round up fund raising scheme, which was launched by OTP Bank in cooperation with Mastercard back in 2020. The scheme brought together almost 20,000 donors whose generosity made it possible to procure equipment and refurbish children's wards in Croatia. In addition, support was provided by other initiatives such as the humanitarian chess tournament Damin's Gambit in the Croatian style and the Greencajt conference...

The renowned financial magazine Global Finance named OTP banka the best bank in Croatia, and OTP Group the best financial group in Central and Eastern Europe this year again. OTP bank in Hungary and members of the group: Nova KBM in Slovenia and CKB in Montenegro were also named the best in their respective countries in the region. For decades, corporate decision-makers have relied on precisely the Global Finance's best bank awards. Global Finance magazine's awards and recognition programs are a trusted standard of excellence for the financial industry. They are backed by a 37-year history...