The country to oppose the creation of the fund until Ukraine removes a Hungarian bank from the "war sponsors" list
21 july 2023
OTP Bank belongs to the Hungarian OTP Bank Group that purchased the Ukrainian bank from the Raiffeisen group in 2006. It is the flagship of the OTP banking group which also includes OTP Capital LLC and OTP Leasing LLC.
OTP Bank ranks #9 among Ukrainian banks in terms of assets and #10 in terms of financial health. As of January 1, 2021, the bank's assets amounted to 58.9 billion UAH, which was 31.4% more than last year.
At year-end 2020, the bank reduced its profit by 31.7% compared to 2019 – to 1.73 billion UAH. It is on the list systematically important banks. In 2020 OTP joined the BankID system.
OTP Bank won the Best Retail Bank Ukraine 2020 nomination in The Global Banking & Finance Awards rating by the Global Banking & Finance Review international media outlet.
