OTP Bank Romania 2013 Loss Narrows To EUR13.9M

03.07.2014 By Ecaterina Craciun

OTP Bank Romania, the local unit of Hungary’s financial group OTP, posted loss of HUF4.14 billion (EUR13.9 million) in 2013, down 25% from HUF5.53 billion in 2012, due to a rise in operating profit and a decline in loan-loss provisions, the Hungarian lender said in its financial report Friday.

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