Deposits at OTP Bank grew by more than a third during 2022
The OTP Bank deposit portfolio increased by 36% and reached UAH 78 bln by the end of 2022. The most significant increase - by 45% compared to the beginning of 2022 or UAH 16.3 bln - was achieved in balances on the accounts of legal entities and exceeded UAH 52 bln. Funds in the accounts of private individuals went up by more than 20% (by UAH 4.4 bln) to UAH 25 bln.
The bank's loan portfolio decreased slightly compared to the previous year - by 11% (UAH 4.9 bln ) to almost UAH 39 bln. At the same time, the portfolio of loans to corporate clients decreased by only 4% to UAH 31.5 bln. The volume of loans to private individuals declined by 32.2% to UAH 7.5 bln. The assets increased by 30.3% - up to UAH 91 bln.
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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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