OTP Bank confirmed to be systemically important bank in 2023
For the fifth year in a row, OTP Bank enters the list of systemically important banks based on the results of the annual review by the National Bank of Ukraine, according to the NBU website. The regulator included 15 institutions in the list in total this year, six institutions have got foreign capital.
To recap, in 2019, according to the decision of the NBU, OTP Bank was included in the list of systemically important banks of Ukraine consistently maintained this status during recent years.
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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.