Clients of OTP BANK have invested more than UAH 3 billion in the equivalent in domestic government bonds since the beginning of the year
Since the beginning of 2024, domestic government bonds in the total amount of UAH 3.1 billion were purchased by individual clients of OTP BANK JSC.
The number of deals in the first half of the year was 1897, which is 137% more than in the same period of 2023.
Investments in domestic government bonds in 2024 were made in two ways: clients bought bonds directly at auctions of the Ministry of Finance through the OTP Bank UA app or from the Bank's own portfolio, also using the app.
During the 1st and 2nd quarters, bonds for the total amount of UAH 2.8 billion equivalent were purchased at the auctions of the Ministry of Finance.
The total volume of sales from the Bank's portfolio by the end of the II quarter amounted to UAH 305 million in equivalent
To remind, the service for domestic government bonds purchasing from OTP BANK own portfolio in the OTP Bank UA app was launched two months ago, at the end of May 2024.
"Investing in domestic government bonds is not only an opportunity to support Ukraine's financial stability in wartime, but also a good opportunity to diversify your savings and receive additional income both in hryvnia and in foreign currency. What's more, the refund is 100% guaranteed by the state, so it's also the reliability of saving savings. For our clients, we offer various ways for investments - they can buy domestic government bonds simply from the auction, or at any convenient time from the Bank's portfolio, with the optimal rate and term of placement, 24/7" - said product owner of OTP BANK Valeriia Ovcharuk.
In general, since the beginning of the full-scale invasion, individual clients of OTP BANK have invested more than UAH 11.5 billion in the equivalent in domestic government bonds.
You can learn more about investing in domestic government bonds through the OTP Bank UA application 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.