News

Starting March 1, 2019, FreeFlight pension fund changes it bank-custodian to "UKRSIBBANK", respectively, all transfer details for pension contributions are changed.

Now visiting one of OTP Bank branches you can join non-state pension fund "FreeFlight", which has foreign currency investment strategy. It means that all hryvna contributions from participants will be invested exclusively in foreign currency instruments in order to protect savings from devaluation as well as to obtain foreign currency yields higher than bank deposits offer. The portfolio of the fund will include the most reliable instruments of the financial market – G-bonds and bank deposits denominated in foreign currency, which provide protection and constant increase of savings.

"OTP Capital" has become the sole founder of the non-state pension fund "FreeFlight" instead of "Scientific and Production Enterprise "Ukrprominvest". The fund was established in 2007 for effective accumulation of pension savings in order to provide additional non-state pension payments for fund’s participants. Currently, the fund has 191 participants with UAH 736 thousand on their accounts.

In December, OTP Capital and OTP Bank announced an annual period of attracting new investments to "OTP Invest+". The main purpose of investment funds is to provide clients with yield higher than deposit, reduce risks through assets’ diversification, and offer a lower lump sum for entering investment in comparison to direct investment in G-bonds and other securities.

Non-state pension fund "OTP Pension" celebrates its 10th anniversary. During these years, the fund has become one of the leaders of the non-state pension market. Now the fund “OTP Pension” is in the TOP-3 of the largest open pension funds in terms of assets in Ukraine, and ranks 5th in terms of the number of participants among such funds and has the best growth rate of new clients in Ukraine. 40 675 people have already become participants of the fund, who keep more than UAH 130.3 million in OTP Pension retirement savings.