The number of OTP Pension participants exceeded 30,000 people
The number of people with pension accounts in OTP Pension exceeded 30,000 people. Contributions to these accounts can be made both by individuals and by businesses in favor of employees. In 1Q 2017 the fund received an inflow of UAH 2.35 million. Together with the investment income allocated to participants' pension accounts, the fund increased its total assets by UAH 4.24 million (+4.7%), reaching UAH 93.78 million.
Currently OTP Pension is one of the TOP-3 largest open pension funds in Ukraine and ranks 6th in terms of the number of participants among such funds.
"We are pleased that more people are starting to think about their future and making retirement savings with OTP Pension. International experience and Ukrainian realities show that it is private savings, and not a state pension, that makes you feel comfortable financially on a retirement. OTP Group in Ukraine, along with classic banking and other services, provides a quality and reliable tool for these savings", - says Vitaliy Dyshlovy, Head of Sales and Marketing Department of “OTP Capital”.
Pension contributions from private individuals and businesses to OTP Pension are invested in reliable financial instruments - government bonds, bank deposits - in order to generate revenue and to protect them from inflation. Upon reaching the retirement age, the fund implements pension payments. "Pension calculator" can build a model of pension contributions and payments.
To learn more about non-state pension fund OTP Pension and to conclude a pension contract, please visit one of the OTP Bank branches. For more information visit www.otppension.com.ua or call 044 492 34 69.
Asset management company OTP Capital was established in July 2007 and became the second after OTP Bank representative of OTP Group in Ukraine. The company provides a wide range of high quality investment services to both corporate clients and individuals and is one of the leaders of the collective investments market. AMC OTP Capital manages 6 public mutual funds, 3 venture funds, reserves of insurance companies and 2 non-government pension funds. Total assets under management: UAH 319.14 mln.
Public joint stock company OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The Bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard. Its absolute owner is the largest Hungarian Bank OTP Bank Plc.