10.09.2014

OTP Bank Romania will start the integration process with the local subsidiary of Portugal's Millennium bcp as soon as the Romanian central bank approves the takeover and doesn't plan to sell more

10.07.2014

The Romanian Competition Council approved the takeover of the Romanian subsidiary of Portugal’s Millennium bcp by OTP Bank Romania, a member of Hungarian group OTP, and the takeover of the corporate more

08.27.2014

The Romanian Competition Council is looking into the takeover of the Romanian subsidiary of Portugal’s Millennium bcp by OTP Bank Romania, a member of Hungarian group OTP, the institution said more

08.17.2014

OTP Bank Romania posted a net profit pf HUF1.6 billion (EUR5.4 million) in the first half of the year, from a EUR7.7 million loss in the same period of 2013, as lending increased 6% and interest and more

07.30.2014

OTP Bank Romania on Wednesday signed an agreement with Portugal’s Millennium bcp to purchase the latter’s local subsidiary for a total sum of EUR39 million. more

07.11.2014

OTP Bank, the local branch of the largest Hungarian financial group, is one step away from completing talks with Portugal’s Millennium to buy its Romanian subsidiary. The move would allow it to more

05.18.2014

OTP Bank Romania, a unit of Hungarian OTP Bank, posted a net profit of HUF1 billion (EUR3.2 million) in the first quarter, the most it's earned in nearly three years, driven by a higher operating more

04.28.2014

OTP Bank Romania, the local unit of Hungary’s financial group OTP, hiked its share capital by RON50 million, from RON732.9 million to RON782.9 million, via cash contribution from its main more

03.07.2014

OTP Bank Romania, the local unit of Hungary’s financial group OTP, posted loss of HUF4.14 billion (EUR13.9 million) in 2013, down 25% from HUF5.53 billion in 2012, due to a rise in operating profit more

02.03.2014

Romanian bank depositors are growing increasingly dissatisfied with the low interest rates offered by lenders and they turn to higher risk assets to raise their money holdings, the head of OTP Asset more

11.14.2013

OTP Bank Romania, the local unit of Hungary’s financial group OTP, reported a loss after taxes of HUF1.69 billion (EUR6.63 million) in the first nine months, narrower from HUF1.96 billion a year more

08.29.2013

The head of OTP Bank Romania estimates his bank will swing to profit in 2014 after two consecutive years of losses, helped by higher revenue from lending. more

08.15.2013

OTP Bank Romania, the local unit of Hungary’s financial group OTP, reported a loss of 2.27 billion forints (EUR7.67 million) in the first half, nine-fold wider on the year, largely due to a 35% more

05.23.2013

Raiffeisen Bank was the most profitable bank in Romania last year, posting 392 million lei (EUR90 million) in net profit. more

03.08.2013

OTP Bank Romania, the local unit of Hungary’s financial group OTP, has swung to a loss of EUR19.1 million in 2012, hurt by higher risk costs and falling operating profit, the Hungarian lender said more

01.25.2013

OTP Leasing Romania has lowered its share capital by 48.7 million lei (EUR11.1 million), to RON26.63 million, by cancelling 4.87 million shares owned by Merkantil Bank Hungary. more

12.19.2012

OTP Bank Romania will cease operation on the local brokerage market, people close to the matter told Mediafax Wednesday. more

12.11.2012

OTP Bank Romania, the local unit of Hungary’s financial group OTP, has increases its share capital by some 50 million lei (EUR11 million) to RON732.9 million, the lender said in a statement Tuesday. more

11.15.2012

OTP Bank Romania, the local unit of Hungary’s financial group OTP, has switched to a loss after taxes of EUR7 million in the first nine months, from profit a year earlier, on higher provisions, the more

08.17.2012

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 more

07.23.2012

OTP Bank Romania reported a 8.6% increase of the consumer savings during the first four months of 2012, the clients mainly choosing deposits with six-month maturity, the bank said Monday. more

05.15.2012

OTP Bank Romania, the local unit of Hungary’s financial group OTP, has switched to a loss of 1.2 billion Hungarian forints (EUR4.1 million) in the first three months, versus profit a year earlier, more

03.30.2012

OTP is still interested in buying a smaller Romanian bank, and it could resume talks to this end in the second half of the year, because Romania is a primary target for the group’s expansion, the more

03.12.2012

OTP Bank Romania, the local unit of Hungary’s financial group OTP, estimates its loan portfolio will increase by 7% to 9% in 2012, fueled by higher consumer loans and increased financing for small- more

03.09.2012

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 more