OTP Bank

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OTPB

Baerbock vs. Szijjártó: Ended with conflict

As reported by Sputnik, the reason for the disagreements is OTP Bank and the blocking of aid to Ukraine.
According to the words of four diplomats, during the meeting of foreign ministers in Brussels on Monday, Germany and Hungary quarreled over the role of the Hungarian bank in the Ukrainian conflict, writes "Politico" analyst Jacopo Barigazzi.

IIB Successfully Registers its First ever Medium Term Notes (MTN) Programme on Dublin Stock Exchange

The Medium Term Notes (MTN) Programme provides a maximum debt of up to EUR 1.5 bn that could be issued in the international capital markets (with the possibility to be upsized in the future) without specifying a pre-determined time period for these issuances (multi-year).

National Bank considers options after Romanian subsidiary's sale is rejected

Greece's National Bank (NBG) said on Monday it is considering other options on its Romanian subsidiary Banca Romaneasca after Romania's central bank rejected a deal to sell the unit to Hungary's OTP Bank .

NBG had agreed in July last year to sell 99.28 percent of Banca Romaneasca to OTP Bank Romania, a unit of OTP Bank, as part of an EU-approved restructuring plan.

Romanian Banca Transilvania gets approval to buy Greek Eurobank's Bancpost

Romanian lender Banca Transilvania said on Friday it has received regulatory approval from the country's competition watchdog and the central bank to buy Greek Eurobank's Romanian subsidiary Bancpost.

"Banca Transilvania estimates that the closing of the transaction regarding the acquisition of Bancpost will take place during the first half of April 2018," it said in a statement.

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