otp bank

According to OTP Bank analysts, the local economy experienced weaker growth in 2023 than previously anticipated. Nevertheless, some lights are visible at the end of the tunnel: after expanding by 1.5% in 2023, 2024 growth could be close to…

Fiscal risks are significant and further measures are needed to bring the budget deficit to the 3% target by 2024. According to OTP Bank analysts, the local economy is experiencing weaker growth than previously anticipated. This slowdown…

Hungary-based OTP Bank has put its branch in Romania up for sale, according to sources in the banking sector, who disclosed that the transaction will be completed in 2024. Later on, the bank confirmed for economedia.ro that it is…

Carmistin Group, a Romanian food producer, signed a RON 846 million syndicated loan, following the amendment and increase by RON 218 million of the existing facilities. The credit will be used by Carmistin Group companies to support their…

According to OTP Bank analysts, economic growth is slowing down as Romania tries to adapt to high energy prices and the euro area turns towards stagflation or even recession. The local economic activity is directly affected by another hike…

OTP Bank Romania increases the interest rate on term deposits in lei, with the aim of promoting responsible financial planning through a competitive and attractive offer. Thus, interest rates for 1- and 3-month deposits increased by 0.4%…

According to OTP Bank analysts, the economic recovery is slowing down and the GDP growth is visibly affected by high inflation, stagnating real wages, slowing global growth and the effects of the Russia – Ukraine conflict. However, it seems…

Roxana Maria Hidan, Deputy General Manager of OTP Bank Romania, will coordinate the new Business Division, which includes operational and strategic activities for individuals and legal entities segments of business, including Micro, SMEs…

OTP Leasing Romania, part of the OTP banking group, continues the investment in technological projects, meant to support local companies to obtain asset financing in the safest and fastest conditions. The company announces the launch of the…

OTP Bank Romania received a share capital increase of 250 million lei. Last year, OTP Bank Romania significantly invested in multiple areas, announcing the opening of new branches, increasing its digital capacity (full online PL and…