Over 70 pc of OTP Bank Romania’s clients with CHF loans signed the conversion contracts

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More than 7,000 clients of OTP Bank Romania have already signed the conversion contracts within the CHF loans conversion program, after accepting the offers proposed by the bank, meaning 72 percent of the bank’s clients with CHF loans, a press release informs on Wednesday.

“Through the launch of the CHF loans conversion program, we aimed to provide to our customers one of the most competitive solutions on the market. Each client received a personalized offer, according to their type of loan, the year it was granted and the initial interest rate. All these, with the help of our experts from the branch network who were ready to provide all the necessary counseling on CHF loans,” László Diósi, CEO, OTP Bank Romania said.

879 loan contracts involved in litigations with the bank were converted and, due to this action, the disputes between the two parties were amicably settled. Additionally, the court has established 386 final decisions for reconciliation of the parties. For 71 percent of the litigations with the bank, the conversion offer was higher than the amounts obtained through the court.

The average discount received by our clients for the converted CHF loans was of 21.2 percent. It is important to mention that, for the discounts offered within the conversion program, our bank has assumed a financial effort estimated at approximately RON 425 million“, Constantin Mareș, Conversion Loans Program Project Manager, OTP Bank Romania noted.

 

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