OTP Bank Romania Switches To Losses In First Half

08.17.2012 By Manuela Panescu

OTP Bank Romania, the local unit of Hungary’s financial group OTP, has switched to a loss of 242 million Hungarian forints (EUR869,000) in the first half of 2012, versus profit of HUF1.47 billion a year earlier, after the second quarter profit had compensated for the early year loss.

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