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OTP Bank Plc

ISIN: HU0000061726 | Ticker: OTP

About OTP Bank Plc

Company Description

Owing to economic and legal considerations, OTP Group provides its universal financial services through several subsidiaries. In Hungary traditional banking operations are performed by the Bank while specialized services, including car leasing, investment funds are developed and offered by the Bank's subsidiaries. Insurance claims of OTP Group clients are supplied by sales of insurance products with strategic collaboration with French insurance company, Groupama, after its OTP Garancia acquisition.

After the realisation of its own privatisation process, OTP Bank started its international expansion targeting countries in the CEE region, which offer great economic growth potentials similar to Hungary. OTP Bank has completed several successful acquisitions in the past years, becoming a key player in the region.

Year founded

1949

Served area

Europe

Headcount

41,128

Headquarters

NΓ‘dor u. 16., 1051 Budapest – Hungary

Shareholder information

Shares outstanding

280,000,010

IPO

Aug. 10, 1995

Stock exchange(s)

Budapest Stock Exchange

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