OTP bank retail news

OTP Round Up! fund raising scheme launched by OTP banka in cooperation with Mastercard gathered a family of almost 20 thousand good people who have done great things together by setting aside small amounts of money.  Other donation initiatives such as the humanitarian chess tournament Damin's Gambit in the Croatian style and the Greencajt conference contributed as well which increased the raised amount.  Thanks to all of them and the initial donation of 125,000 euros paid by OTP banka and Mastercard at the beginning of each donation cycle, we have so far helped procure the...

The consolidated profit after tax of OTP Group rose to HUF 990.5 billion, an increase of almost 3 times y-o-y, as a result the annual ROE improved to 27.2% (+16.2 pps y-o-y). The balance of adjustment items showed -HUF 18 billion against -HUF 245 billion a year ago. Those items which were a drag on 2022 earnings and were related to the Russian-Ukrainian war practically disappeared or dropped substantially, namely goodwill impairment and the impairment recognized on the Russian government bonds, furthermore the balance of special taxes in Hungary also dropped by around 1/3 y-o-y. At the same...

OTP banka is proud of the fact that it pays great attention to cooperation with the academic community. In addition to supporting numerous student projects and initiatives, participating in conferences and workshops, implementing its scholarship program for low-income students and students with exceptional sports achievements, OTP banka, in continuous cooperation with faculties, tries to contribute to the best possible conditions for education. It provides support to students by enabling apprenticeship, creating a place where they can get their first job. This is precisely why it set aside a...

OTP banka is proud of the fact that corporate social responsibility is an integral part of its business processes, and that it contributes to the initiation of positive changes in the areas where it operates. That is precisely why the bank swiftly answered the needs of the KBC Zagreb Neurosurgery Clinic for the acquisition of equipment necessary for performing neurosurgical operations. Mr Ivan Šimičević, member of the Board of OTP banka handed over a donation check to Prof.dr.sc. Ante Ćorušić and to the head of the NEUROSURGERY CLINIC of KBC Zagreb, Prof. Dr.Sc. Goran Mrak in the premises of...

Further to the agreement signed in Zagreb by Mr Balázs Békeffy, president of the Board of OTP banka d. d. and Mr Siniša Krajač, secretary general of the Croatian Olympic Committee (HOO), OTP banka is to become a platinum sponsor of the Croatian Olympic athletes. As this pre-Olympic year is drawing to its end, OTP banka has raised the bar in supporting development of sports in the Republic of Croatia. In addition to sponsoring and donating to numerous professional and amateur sports clubs, and children sports clubs, four years ago the Bank invited a tender for scholarships for student...

The Banker, most prestigious financial magazine, named OTP banka the best bank in Croatia in 2023.  Other banks within OTP Group named best banks in their respective countries were CKB in Montenegro, SKB in Slovenia and OTP Bank in Albania. The Banker Magazine of the Financial Times Group, with almost a century-long tradition, being a guarantee of a critical and comprehensive review of business results, progress, and the overall activities of financial institutions in their respective areas, named OTP banka d.d. Bank of the Year in Croatia in 2023 in terms of business performance,...

OTP Group posted HUF 281 billion profit after tax in 3Q 2023. The q-o-q 26% drop was to a great extent due to the negative balance of adjustment items (2Q: +HUF 98.1 billion, 3Q: -HUF 26.5 billion). At the same time total income demonstrated further improving dynamics, while risk costs remained benign. The quarterly figures already incorporated the performance of Ipoteka Bank in Uzbekistan. In 3Q 2023 adjustment items were a drag on the consolidated profit after tax by around -HUF 26.5 billion. The major items were as follows: -HUF 24.1 billion effect of acquisitions (after tax), o/w -...

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 Digital Solutions and ESG. 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. OTP banka d.d. in Croatia was presented two of these prestigious awards: for Digital Solutions and for ESG, which means that all steps taken towards digitalisation of...

We would like to inform you that the updated Data Protection Policy will come into force in November 24th 2023.  Amendments refer to point II. 4. Processing personal data based on legitimate interest and II. 8. Marketing purposes. More information can be found in the documents below: Data Protection Policy - IN FORCE Data Protection Policy - NEW

Mr Balazs Bekeffy, president of the Board of OTP banka d.d. signed the General Sponsorship Agreement for the largest exhibition of works of Ivan Meštrović seen in the last fifty years, jointly organised by the Gallery Klovićevi dvori and the Museums of Ivan Meštrović. At today’s press conference, the Agreement with OTP banka was signed by Ms Sandra Grčić Budimir, director of the Museums of Ivan Meštrović, and Mr Antonio Picukarić, director of Klovićevi dvori, who announced Meštrović’s oeuvre. This long-awaited and carefully prepared project, aimed at presenting the works of one of the most...