04.19.2018

OTP Bank Romania has annulled its contract to acquire Banca Romaneasca from National Bank of Greece after being denied central bank approval for the deal. more

03.15.2018

Romania's central bank officially announced on Thursday it opposes OTP Bank Romania’s intention to buy lender Banca Romaneasca, the local division of National Bank of Greece (NBG) Group. more

03.15.2018

Romania's central bank has decided not to approve Hungarian group OTP's bid to buy lender Banca Romaneasca from National Bank of Greece (NBG). more

03.07.2018

OTP Bank Romania, part of Hungary's part of OTP Group, posted a profit of RON44.85 million after tax in 2017, up 88% compared with 2016, and its operating profit grew 12% on higher revenue, the lender more

12.18.2017

Romania’s Competition Council on Monday confirmed it has cleared OTP Bank Romania's acquisition of Banca Romaneasca. more

11.01.2017

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08.07.2017

OTP Bank Romania said in a statement on Monday that it is extending its range of factoring products by launching the export commercial factoring for small and medium-sized enterprises (SMEs) and for more

07.27.2017

Hungary's OTP Bank has reached an agreement to purchase lender Banca Romaneasca from National Bank of Greece, which is selling assets in the Balkans, including its Romanian operations, to complete a more

05.16.2017

OTP Bank Romania on Tuesday reported a consolidated profit after tax of RON19.1 million for the first quarter. more

08.08.2016

OTP Bank Romania will launch the loan for pre-financing the subsidies granted by agriculture support agency APIA, for legal entities, registered sole traders, family businesses and individual more

07.18.2016

The mortgage loan market will register a positive evolution on medium and long term, given the economy and real estate market trends, according to OTP Bank representatives. more

05.24.2016

OTP Bank, a mid-sized player in the banking sector, controlled by Hungary’s largest financial group OTP, has decided to raise the down payment required on mortgage loans in lei and foreign currency more

05.13.2016

OTP Bank Romania on Friday said it registered an unadjusted consolidated profit after tax of RON8.8 million in January-March 2016, up 50% from the year-earlier period. more

03.04.2016

OTP Bank Romania, part of Hungarian group OTP, posted a profit after tax of HUF1.5 billion (EUR4.8 million) in 2015, nearly double than HUF765 million in 2014, in the context in which its financial more

03.02.2016

OTP Bank Romania will grant mortgage loans worth RON84 million under the state guaranteed mortgage lending First Home program this year, based on the funds assigned by the national guarantee fund for more

10.29.2015

OTP Bank Romania, part of Hungarian group OTP, will complete the merger and integration with Millennium Bank Romania, the local subsidiary of Portugal's Millennium bcp, on Monday (November 2) . more

06.15.2015

OTP Bank Romania, part of Hungarian group OTP, will analyze in October the integration process of Millennium bank, bought mid-2014, according to OTP general manager Laszlo Diosi. more

05.15.2015

OTP Bank Romania, part of Hungarian group OTP, posted a net profit of HUF402 million (EUR1.3 million) in the first quarter, after a loss of HUF1.6 billion (EUR5.18 million) in the previous quarter, as more

03.06.2015

OTP Bank Romania, part of Hungarian group OTP, posted a net profit of HUF765 million (EUR2.47 million) in 2014, after a net loss of HUF1.6 billion (EUR5.18 million) in the fourth quarter of 2014, due more

01.21.2015

OTP Bank Romania, the local subsidiary of Hungarian group OTP, has raised its share capital by RON175.344 million, to RON958.252 million, the Hungarian bank said in a statement Wednesday. more

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