OTP Bank Romania Swings To EUR2.6M Profit In 2011 As Provisions Halve

03.09.2012 By Florentina Dragu

OTP Bank Romania, the local unit of Hungary’s financial group OTP, has swung to a profit after taxes of EUR2.6 million in 2011, versus losses a year earlier, helped by lower provisions, the Hungarian lender said in its financial report Friday.

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