OTP BANK begun to sell domestic government bonds from own portfolio
“OTP BANK” JSC introduced a new service – selling of domestic government bonds from own portfolio via OTP Bank UA app. From now on clients have a possibility to buy domestic bonds at any convenient time, regardless of the date of action conduction by Ministry of finance of Ukraine.
“The new functionality opens up even more opportunities for investing in government bonds, as well as gives an opportunity to choose the optimal pledge of obligations and placement term. Service is already available online for all individuals who have opened a bonds account in any branch of the Bank”, - noted product owner of OTP BANK Valeria Ovcharuk.
According to her, the process of government domestic bonds purchasing is convenient and fast. “OTP Bank UA app offers easy interface for domestic bonds purchase. Only couple of clicks and bonds are already in your bonds portfolio. It is a reliable and profitable investment into the future, since repayment of domestic bonds is guaranteed by state for 100%”, - underlined V. Ovcharuck.
Investment in the domestic bonds is not only an opportunity to support financial stability of Ukraine during the war, but also a good chance to diversify your savings and get additional income both in hryvnia and in foreign currency.
OTP BANK last fall opened a possibility to buy domestic bonds directly on auctions of Ministry of finance of Ukraine via OTP Bank UA app. During 2023 Bank`s clients purchased domestic bonds for the total amount of UAH 6.3 billion equivalent, which is 153% higher than the figure for 2022.
To remind, according to the results of 2023, OTP BANK took fourth place among Ukrainian banks in the overall rating of primary dealers, according to information from the Ministry of Finance of Ukraine.
The status of the primary dealer provides the exclusive right to participate in placements of domestic government bonds carried out by the Ministry of finance, both on its own behalf and for clients of individuals and legal entities, as well as banks and financial companies that do not have such a status.
You can learn more about investing in domestic government bonds with the OTP Bank UA application via 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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