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OTP BANK entered top three Bank_FinScore leaders according to the results of the 1Q of 2024

OTP BANK entered top three Bank_FinScore leaders according to the results of the 1Q of 2024

OTP BANK JCS has the highest “A” index of financial reliability according to calculations of FinScore instrument by YouControl for the first quarter of 2024. Bank took second place in the rating and compared to 4Q of 2023 moved two steps up.

In total, the rating includes 40 Ukrainian banks, ranked by the index of financial reliability. The highest FinScore index "A" indicates a minimal probability of adverse financial consequences.

Bank_FinScore – scoring index of banks financial reliability calculated by analytical department of YouControl and based on 25 indicators. In particular, NBU regulations and financial coefficients, which are displaying in complex liquidity condition, capital adequacy, profitability, credit and investments risks of a bank, are taken into account.

The full list of banks can be found at the link.

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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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