OTP Bank entered TOP-3 in the banks’ financial reliability ranking by YouControl
OTP Bank is in the top three leading banks in the ranking of Ukrainian banks’ financial reliability, which was compiled by the YouControl analytical system. According to the company's website, the bank ranked third in the 4th quarter of 2021.
In particular, YouControl website notes that the probability of adverse financial consequences in OTP Bank is low, while financial stability is at high.
FinScore is a scoring index of a bank’s financial reliability, which is based on 25 indicators and calculated by the analytical department of YouControl. Among the indicators used are NBU ratios and financial indicators, which comprehensively reflect the state of banks’ liquidity, capital adequacy, profitability, credit, investment and currency risks. Since the index is used primarily for the comparison with competitors in the Ukrainian market, it is not sensitive to system-wide amendments. In other words, the index reflects the financial status of a bank relatively to other players in the sector, and based on it, users can quickly make a decision about the need for further in-depth research or get ready-made information how financially stable and, accordingly, reliable a bank is.
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Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC 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.
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