OTP Bank to Prolonge Loans Repayment Holidays for Corporate Clients until April 30, 2022
OTP Bank prolongs repayment holidays for large corporate clients and small and medium-sized business until April 30, 2022.
Deferred payment dates can be applied to both loan tranches and interest and fees. If necessary, the bank is ready to consider the possibility of debt restructuring individually and find the most efficient solution for its customers.
OTP Bank thanks to all corporate clients who, despite the martial law, find it possible to meet credit obligations and service debt by paying interest. After all, this maintains the stability not only of the bank but also of the financial system as a whole.
To recap, OTP Bank launched repayment holidays for large corporate clients and small and medium-sized business from March 1 to March 31 in connection with the Russian invasion of Ukraine`s territory.
In December 2021, the bank was included in two nominations of the rating "Best banks and leading bankers in the SME-2021 market" from the leading economic journal "BUSINESS". In particular, the bank took the second place in the rating "SME Support" - for achievements in lending and daily quality service to small and medium-sized businesses. He was also included in the top five banks in the "Agrifinancing" category - for the leading positions in the field of lending and servicing the farms and small agricultural companies.
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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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