OTP Bank to Resume Issuing Credit Cards

OTP Bank resumed issuing credit cards and credit limits for new and actual clients.

A credit limit is to be secured by a cash placed on a client's deposit account. The deposit interest rate is 6% per annum, interest is paid monthly.

The limit amount can vary from UAH 5,000 to UAH 200,000, but cannot exceed 70% of a deposit placed as a collateral. The Bank opens credit limits both over new credit cards and previously issued ones.

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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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