OTP Group

OTP Group

OTP Group has started its’ activity in 1949  when OTP Bank Plc was founded as a state savings and commercial bank. After privatization began in 1995, share of the state in the bank capital decreased to one preference («gold») share.  Currently 85.9% of bank shares are owned by foreign private and institutional investors.

OTP Bank Plc. (Hungary) – is a universal bank which heads a leading financial group with full range of banking services for private individuals and corporate clients. OTP Group in Hungary comprise large daughter companies, granting services in the field of insurance, real estate, factoring, leasing and asset management, investment and pension funds.

Nowadays OTP Group provides high quality financial solutions to meet the needs of nearly 11 million customers through almost 1000 branches in 9 countries all over the world. The personnel of Group are counted by 18200 high-professional employees.

You can find out more detailed information about OTP Group on the web-site www.otpbank.hu.

OTP Bank (Ukraine)

In June 2006 OTP Bank Plc. (Hungary) has purchased one of the leaders of the Ukrainian financial sector - Raiffeisenbank Ukraine, founded in 1998 as a bank with 100% foreign capital. Since 2001 Raiffeisenbank entered Top-10 of the largest banks of Ukraine. At the moment of acquisition the bank served more than 100 thousand clients, providing the complete range of services to corporate clients, private individuals and also to small and medium enterprises. The Bank ranked 6th among the Ukrainian banks according to total assets, capital and loan portfolio and 5th in terms of loans, granted to private individuals. The branch network amounted to 40 institutions on the territory of Ukraine. The personnel comprised more than 1500 high-professional employees.

Since its foundation, the Bank took leading positions in corporate business and proved itself as a bank-innovator. The Bank was the first one on the Ukrainian banking market to start rendering such new products as structured trade finance, project finance and other tailor-made services for large corporate clients.

Effective bank performance found its reflection not only in figures but also in the estimation of the bank activity by leading Ukrainian economic editions. So, according to the results of financial rating of «Business» newspaper Raiffeisenbank took the 1st place in the nomination «Bank you’d place a deposit at» in 2003-2004. No less popular edition «Investgazeta» for three consecutive ears acknowledged the Bank as a leader in financial sector. Leading English edition Kyiv Post declared the bank as “The best Bank” in 2004-2005. 

The Bank owes such a success story due to the wide range of perfect and transparent banking services and due to the high-professional team trying to meet the needs of customers and providing high quality financial solutions of European standards

You can find out more detailed information about OTP Bank on the web-site www.otpbank.com.ua.

OTP Fund Management (Hungary)

OTP Fund Management Ltd as the largest Hungarian institutional investor maintains a strong presence on the government securities market and the stock market of the Budapest Stock Exchange. The Company is also the best-capitalized organization concentrating purely on asset management on the Hungarian market. 

The legal predecessor of the Company, OTP Investment Fund Management Ltd, was established in July 1993 with a registered capital of HUF 5 million. In September 1998 it was transformed into a company limited by shares called OTP Fund Management Ltd and at the same time its share capital was raised to HUF 500 million. As a result of the share issue at a par value of HUF 400 million and a market value of HUF 2 billion performed in September 2000, the issued share capital of the Company was increased to HUF 900 million. Shareholders' equity is growing dynamically: at the end of 2003 it amounted to HUF 5.38 billion.

Originally the Company was established to manage investment funds. Market share grew at a higher rate than competitors' and by 1999 OTP Fund Management Ltd became market leader. At the end of 2004 market share of OTP Fund Management Ltd in the Hungarian securities fund market was over 40%.

You can find out more detailed information about OTP Bank on the web-site www.otpalap.hu.