Results 1 - 25 from 125 for "otp"
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Competition Council Assesses Takeover Of OTP Group In Romania By Banca Transilvania
04.02.2024
Competition Council is assessing the transaction whereby Banca Transilvania intends to acquire the entities in Romania of Hungary's OTP Group, respectively, OTP Bank Romania, OTP Leasing Romania IFN, more
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OTP Bank Romania's 2023 Consolidated Net Profit Jumps Seven-Fold To Record High Of RON262M
03.08.2024
OTP Bank Romania recorded consolidated net profit of RON262 million in 2023, seven times higher than the level reported in 2022,as per the report published in Budapest, which presents the bank's more
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OTP Bank Analysis: Romania's GDP Growth To Accelerate To 2.8% In 2024, Budget Deficit To Stay Close To 6% Of GDP
02.14.2024
Romania's economy may accelerate in 2024 up to nearly 2.8%, driven by household expenditures and a gradual rebound in exports, while investment growth will remain solid, in line with an analysis by more
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Law Firm Filip & Company Assists Banca Transilvania in OTP Bank Romania Acquisition for EUR347.5M
02.12.2024
Filip & Company team granted legal assistance to Banca Transilvania in the signing of documents for the acquisition of OTP Bank Romania, OTP Leasing and OTP Asset Management. more
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Banca Transilvania Officially Announces Acquisition Of OTP Bank Romania
02.09.2024
Banca Transilvania (BT.RO) has officially announced in a stock market report on Friday (Feb 9) the acquisition of OTP Bank Romania and of the leasing and asset management companies within OTP Romania more
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OTP Bank Romania Reaches RON236M Consolidated Net Profit in Jan-Sept 2023
11.13.2023
OTP Bank Romania in the first nine months of 2023 posted RON236 million consolidated net profit. more
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Sale Of OTP Bank Romania Pushed Into October
09.14.2023
The sale of OTP Bank Romania – submission of final bids, choosing a winner – has been pushed from September into October and those still in talks are Banca Transilvania and Raiffeisen Bank, after more
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Sale Of OTP Bank Romania Makes Progress, Final Bids Expected For Early September
08.22.2023
The sale of OTP Bank Romania is going ahead, and in Bucharest these days there are "management presentations" between OTP and the three banks it is in talks with. more
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OTP Bank Ends H1 With RON183M Consolidated Net Profit
08.10.2023
OTP Bank Romania recorded a consolidated net profit of RON183 million in the first half of 2023, driven by an increase in operating profit and positive credit risk costs, as the bank posted RON14 more
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OTP Officially Notifies Management OTP Bank Romania Is Up For Sale
05.23.2023
OTP Bank has officially confirmed via an announcement by its management that OTP Bank Romania is up for sale, a process that may take a few months and if successful, the deal should be closed in one more
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Holde Agri Invest Takes Out Syndicated Loan of RON31M and EUR26.7M from Banca Transilvania and OTP Bank for Working Capital and Investments
05.11.2023
Holde Agri Invest, a Romanian company exploiting around 13,200 hectares of farmland, on Thursday morning announced at the Bucharest Stock Exchange the signing of a syndicated credit agreement for four more
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OTP Bank Romania’s After-Tax Profit Shrinks To RON15M In Q1
05.10.2023
OTP Bank Romania posted after-tax profit of RON15 million (HUF1 billion) in the first quarter of 2023, compared with RON24 million losses in the year-ago period, which was predominantly impacted by more
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Hungary’s OTP Starts Probing Market for Interest in OTP Bank Romania
05.04.2023
Hungary’s OTP Bank Group, one of the largest banking groups in the region, has started to discreetly probe the market to assess interest from other banks to buy OTP Bank Romania, banking sources more
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OTP Bank: Romania’s Economic Growth to Slow Down in H1, Rebound in H2
03.29.2023
Romania’s economic growth will slow down in the first half, following a decline in household spending, investments and the compression of the export growth rate, but has solid prospects of a later more
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Exigent Development Borrows EUR57.8M from OTP Group for Phase 5 of Plaza Residence
03.14.2023
OTP Bank Romania and OTP Bank Plc have sealed a EUR57.8 million loan agreement with Exigent Property Investment for the construction of phase 5 of housing compound Exigent Plaza Residence located in more
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OTP Bank Profit Shrinks 40% to RON34.6M in 2022
03.10.2023
OTP Bank Romania posted after tax profit of RON34.6 million in 2022, a decline of 40% on 2021, the group report published in Budapest shows. The report presents the consolidated results, in line with more
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OTP Bank Continues To Support Entrepreneurs In 2023 Via IMM Invest Plus Program
02.20.2023
OTP Bank, the Romanian subsidiary of Hungary's largest banking group, said it would continue in 2023 the partnership concluded within the IMM Invest PLUS program aimed at supporting Small and Medium more
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Luca Rogojanu Appointed Deputy Chief Executive Officer At OTP Bank Romania
12.05.2022
Luca Victor Rogojanu was appointed Deputy Chief Executive Officer (DCEO) and coordinator of the Credit and Risk Management Division within OTP Bank Romania, the local division of Hungary’s largest more
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OTP Bank Romania Posts RON15M Loss in Jan-Sep
11.10.2022
OTP Bank Romania, the local subsidiary of Hungary’s largest banking group posted RON15 million loss in the first three quarters of 2022, largely due to the increase in total provisions to RON151 more
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OTP Bank: Romania’s GDP Growth Seen Below 5% In 2022 And At 2.3% In 2023
10.13.2022
Romania’s economic growth is slowing down as the market tries to adapt to high energy prices, with a GDP growth estimated at 5% in 2022 and at 2.3% in 2023, according to an analysis by lender OTP more
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OTP Bank Romania Introduces Google Pay Service For Mastercard Cardholders
10.04.2022
OTP Bank Romania introduces the Google Pay service in its portfolio, which makes it possible for Mastercard bank clients to make online or contactless payments at any POS, just with an Android more
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OTP Bank Romania Participated In Financing EUR410M Loan Contracted By Iulius Group
09.13.2022
OTP Bank Romania on Tuesday said it participated in financing the loan recently granted on the local market to real estate developer Iulius Group to support investments in Iulius Mall regional more
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OTP Group Launches Fifth Edition Of Startup Booster Program; To Cooperate With 12 Tech Startups
09.08.2022
OTP Group has launched the fifth edition of the Startup Booster program and will collaborate with 12 technology startups that will test their products and services within the subsidiary banks in more
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OTP Bank Romania Posts RON14M Losses in H1
08.11.2022
OTP Bank, the Romanian subsidiary of Hungary's largest banking group, recorded a loss of RON14 million in the first half of this year, mainly due to an increase in the total cost of risk, notes the more
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OTP Bank Romania Again Increases Interest Rates On Term Deposits In Lei For Individuals
08.08.2022
OTP Bank Romania on Monday said it increased the interest rates on 1- and 3-month term deposits in lei by 0.4% and 1.10%, reaching up to 5.10% and 6.10%, respectively. more