OTP Bank will offer its customers the purchase and sale of state bonds through a mobile application by the end of the year
OTP Bank will offer all customers a full-fledged service for buying and selling state bonds through the OTP Bank UA mobile application by the end of the year, Oleg Klymenko, member of the board responsible for retail business development, said during the round table "How Ukrainians can earn on deposits" held on August 28 by the Financial Club.
According to him, the bank is currently testing the new functionality on employees and determining product parameters.
According to the banker, in order to increase the demand for investing funds in state bonds, banks should simplify this service as much as possible, transfer it completely to digital, reduce the minimum investment amount, etc.
"Today, almost the same clients who are familiar with the instrument and have a certain investment history invest in state bonds. In order to make it mass, we need to develop the secondary market, simplify the process of buying/selling securities as much as possible, and lower the minimum purchase amount so that everyone can try and learn how to invest in state bonds," O. Klymenko emphasized.
Share these news with friends!
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.
Additional information
