OTP Bank Romania Posts RON15M Loss in Jan-Sep

11.10.2022 By Cristina Bellu

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 million, RON58 million of which set aside in the third quarter, the group’s report says, which presents the consolidated results adjusted in accordance with the group’s standards.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:
otp
, loss

Please fill all required fields!

Your comment was successfully added!

Comments will appear only after the moderation.