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OTP Bank Entered TOP-5 in the Banks' Financial Reliability Ranking by YouControl

OTP Bank Entered TOP-5 in the Banks' Financial Reliability Ranking by YouControl

OTP Bank entered is the TOP-5 banks in Ukrainian banks' financial reliability ranking compiled by the analytical system YouControl as of the results for Q2 of 2022.

In particular, the YouControl website notes that the probability of adverse financial consequences for OTP Bank is low, while its financial robustness is essential.

Bank_FinScore is a bank financial reliability scoring index calculated by the YouControl analytical department based on 25 indicators, including NBU standards and financial ratios, which comprehensively reflect the state of liquidity, capital adequacy, profitability, credit, investment and currency risks of the bank. Since the index is used primarily for comparison with competitors in the Ukrainian market, it is not sensitive to system-wide changes. The index reflects the financial position of the bank relative to others in the sector.

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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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