OTP BANK among leaders in the rating of primary dealers of government bonds
OTP BANK JSC took second place among private banks in the overall rating of primary dealers of domestic government bonds, according to the information of the Ministry of Finance of Ukraine, based on the results of 2024. OTP BANK is among the top five market leaders among state and private banks.
A total of 11 banks are the primary dealers of domestic state loan bonds in the rating of the Ministry of Finance.
The status of the primary dealer of domestic government bonds provides the exclusive right to participate in bond placements conducted by the Ministry of Finance, both on its own behalf and for individual and legal entities, as well as banks and financial companies that do not have this status.
For several years in a row, OTP BANK has held a leading position in the rating of primary dealers of domestic government bonds. The Bank's clients have access to a unique service - the opportunity to buy domestic government bonds directly at the auctions of the Ministry of Finance and at the price from the Ministry of Finance. This option is implemented through the OTP Bank UA mobile app.
In addition to direct access to auctions, the bank's clients have the opportunity to purchase securities from OTP BANK's own portfolio, which is formed taking into account the highest customer demand and has a large volume of offers to choose from.
According to the results of 2024, the Bank's individual clients bought domestic government bonds at auctions of the Ministry of Finance for a total amount of UAH 5.9 billion. The volume of sales of bonds from OTP BANK's own portfolio amounted to almost UAH 1.4 billion since the launch of this service in May 2024. In total, almost 1,000 individual clients used the service to purchase domestic government bonds from their own portfolio via the OTP Bank UA app.
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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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