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Tag Archives: OTP Bank Romania

Competition Council

Competition Council approves Banca Romaneasca takeover by OTP Bank Romania

Banking December 18, 2017 16:14 0 comments

Competition Council approves the takeover of Banca Romaneasca and some of its Romanian assets by OTP Bank Romania. According to a release of the Competition Council, the decision will be published on the institution’s  site…more »

OTP Bank Romania officially takes over Banca Romaneasca

Banking July 27, 2017 11:40 0 comments

OTP Bank Romania and National Bank of Greece have signed the agreement on the acquisition of 99.28 percent of Banca Romaneasca. The takeover will be completed at the beginning of 2018, according to a  OTP…more »

Banca Transilvania and OTP Bank Romania to finance VOX Technology Park in Timisoara

Finance March 21, 2017 15:24 0 comments

Banca Transilvania and OTP Bank Romania will provide finance for VOX Technology Park, the office project developed by Werk Property Group and that will open its doors in Timisoara at the end of 2017. The…more »

CHF loans

OTP Bank Romania signed CHF loans conversion deals for more than 7,000 clients

Banking August 17, 2016 16:39 0 comments

More than 7,000 clients of OTP Bank Romania have already signed the conversion contracts within the swiss francs (CHF) loans conversion program, after accepting the offers proposed by the bank. This accounted for 72 percent…more »

OTP Bank Romania expands its ATM network in partnership with Euronet

Banking August 04, 2016 14:11 0 comments

OTP Bank Romania clients, individuals and companies, can make transactions from now on also to the ATMs from the independent network Euronet, in the same conditions as for the ATMs of the bank. Clients can…more »

CHF loans

OTP Bank increases its loan down payment for mortgage loans to 20 pct

Banking July 18, 2016 16:58 0 comments

OTP Bank has decided to increase the down payments on mortgage loans two months after the debt discharge bill was signed into law by president Klaus Iohannis. The lender will ask for 20 percent down…more »

otp bank

OTP Bank posts first quarter profit 50 pct higher y-o-y

Banking May 13, 2016 16:59 0 comments

According to OTP Bank's financial report, OTP Bank Romania registered an unadjusted consolidated profit after tax of RON 8.8 million, up 50 percent over the same period last year. Earnings before tax, amounting to RON…more »

otp bank

EIB grants EUR 25 mln to OTP Bank Romania for SMEs financing

Banking April 13, 2016 12:48 0 comments

The European Investment Bank (EIB) has granted a EUR 25 million financing line to OTP Bank Romania. The lender will use the fresh funding to support small and medium-sized companies and public entities and to…more »

CHF loans

OTP Bank Romania extends deadline for CHF loans conversion program

Banking March 10, 2016 14:19 0 comments

OTP Bank Romania has announced that it will be extending the deadline for its conversion program for loans in Swiss Francs (CHF) until April 15, 2016, following a large number of implementation requests received from…more »

otp bank

OTP Bank profits double to RON 21.9 mln in 2015

Banking March 07, 2016 14:52 0 comments

OTP Bank Romania registered adjusted profits amounting to RON 21.9 million, a whopping 97 percent increase over the previous year, including Millennium Bank’s results, according to a press release. However, operational profits dropped by 37…more »