OTP bank retail news

As a part of its programme “Green light to knowledge”, OTP banka provides support to students of lower financial standing and students with outstanding athletic achievements. Over the past eleven years, the Bank set aside almost seven million kunas. In the academic year 2020/2021, the Bank continued helping students of lower financial standing and student-athletes. The project for granting scholarships to students has been realised in partnership with the towns of Split, Zadar, Sisak and Biograd na Moru, the municipalities of Župa dubrovačka, Bilje, Jakšić, Bale, Barban and Pićan, the...

OTP banka d.d. will donate HRK 1.5 million to the Sisak General Hospital for replenishment of their medical equipment, for new devices and refurbishment of the buildings that sustained damage in the devastating earthquake. The Bank will also set aside an additional million to help the City of Sisak and the Sisak and Moslavina County. Through its programme Green light to entrepreneurs, it will provide necessary aid to the affected entrepreneurs. A special fund of HRK 500,000 has been set aside for Bank’s own employees whose homes have been damaged in the earthquake. Many of our fellow...

OTP banka d.d. made another significant donation for our health protection, this time in the amount of HRK 100.000 to the School of Medicine, University of Split for the procurement of medical equipment and supplies.  OTP banka d.d. is proud of a true partnership it has with the University of Split, shown through active cooperation with the University’s constituent units and through aiding many of their activities, as well as helping its students through donations. We want to point out how proud we are of our collaborative relationship with the University of Split and also that we have...

OTP closed the third quarter with a consolidated profit after tax of HUF 113.573 billion, so the profit for the first nine months of this year increased to HUF 188.171 billion at group level. OTP’s management is committed to pay dividend after 2020 in such a magnitude that it also compensates shareholders for the originally proposed divident after 2019, for which the pay-out was stopped at the request of the regulator. The 9M consolidated accounting profit exceeded HUF 188 billion which already incorporated HUF 7.6 billion profit contribution from the Slovenian SKB Banka being part of the...

Within its new programme of awarding financial institutions and companies throughout the world, magazine Global Finance awarded OTP banka d.d. for Outstanding Crisis Leadership, for its relationship with both its clients and the community during the crisis caused by the Coronavirus pandemic. In 2020, all business entities were faced with unthinkable challenges that included not only business skills, but also protecting the health of their employees and clients, especially taking care of the society’s most vulnerable groups. Since this has become a completely new business environment, the...

As a part of its donation scheme called “Green light to … better society“, OTP banka invited the tender for donation requests and chose 37 projects among which it will distribute the total of HRK 500,000. This is the ninth consecutive year that OTP banka d.d. has been inviting tenders for donation requests for projects within four different categories: the young, education and science; protection of cultural, historic and traditional heritage and environmental protection; humanitarian projects and sports. We received several hundred applications from all over Croatia, out of which our...

Programme that has shown once again that joint efforts put into little things can make a big difference! Sometimes it takes so little to bring a smile back to someone's face, and a little goes a long way. This is basically the message spread by the new donation programme OTP Round up, launched by OTP banka d.d. and Mastercard, striving to provide the best treatment possible to our youngest patients in hospitals across Croatia. One of the most renowned musicians in Croatia – Gibonni – and world champions in sailing – Fantela brothers –  have supported the programme, and this year’s...

For the fifth year in a row, OTP banka d.d. has been selected the best custodian bank in the Republic of Croatia in the unweighted category in the choice of Global Investor /ISF magazine, earning an exceptionally high rating (6.73). Over ten criteria had to be met, amongst which settlement services and corporate actions, quality of market information timely provided, including regulatory changes and business relationship quality, which happens to be one of the most important, though the toughest criteria to be met. OTP banka d.d. thus won the highest unweighted ratings as judged by the size...

In addition to a substantial provision, OTP Group closed the second quarter with a consolidated profit of HUF 78.7 billion after tax. This performance is lower than in the same period last year, due to the economic impact of the virus situation, but is 19% higher than preliminary analysts' expectations. OTP’s management is committed to pay dividend after 2020 in such a magnitude that it also compensates shareholders for the originally proposed divident after 2019, for which the pay-out was stopped at the request of the regulator. 1H 2020 after-tax profit was shaped mainly by the volume of...

As we continue with our efforts to maintain the highest security standards of our on-line channels, and we would hereby like to advise of new types and levels of caps imposed on financial payment orders set via internet, mobile and telephone banking, and on the way they can be managed by the end-user, all for the purpose of enhancing the security levels. The transaction caps are divided into fixed and variable ones. The fixed (permanent) cap relates to the purchase and sale transactions, and foreign currency remittances that require currency conversion (different currencies of payer’s...