Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back

OTP Bank Group is the largest commercial bank of Hungary and one of the largest independent financial service providers in Central and Eastern Europe and with banking services for private individuals and corporate clients.

Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back
Glob.Revenue, mln.USD
3413

OTP Bank has a subsidiary bank in Russia.

The Company Statement
March 17, 2022

The Russian subsidiary is operating in compliance with the international sanctions. The company is winding down corporate lending. OTP Bank Plc. does not provide financing to its subsidiary in Russia.

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