OTP BANK had the highest growth of the corporate loan portfolio among foreign-owned banks in 2024 – Volodymyr Mudryi
OTP BANK JSC increased its corporate loan portfolio by 25% in 2024 compared to 2023. This was announced by the Chairman of the Management Board of the Bank, Volodymyr Mudryi, in an interview with Delo.ua.
“This was the highest growth among foreign-owned banking institutions. In OTP BANK’s outlet segment, the loan portfolio grew by more than 34%. The overall share of income from lending is increasing and is now approaching 40% of the Bank’s total revenue,” emphasized V. Mudryi.
According to him, a significant portion of the Bank’s profit is directed toward lending and investments in government bonds (OVDPs). “Recently, the Ministry of Finance published the ranking of primary dealers by the volume of OVDP purchases for the first half of the year — OTP BANK ranks third in that list (which includes both state-owned and private banks). Among privately-owned banks, we hold the first position. Individual clients’ investments in securities also increased — nearly UAH 7 billion in equivalent in the first half of 2025,” noted V. Mudryi.
As the Chairman highlighted, OTP BANK, as a clearing bank and partner of RozetkaPay and NovaPay, is developing high-tech digital solutions for fintech companies. “OTP BANK is the main banking partner of these companies. What do we provide them with? First and foremost, the stability and reliability of a foreign-owned institution. In addition — high-tech digital solutions that meet their needs for payment processing speed, load capacity, and more,” said V. Mudryi.
He also noted that in the retail segment, OTP BANK focuses on used car financing, since “for clients, a car is no longer a luxury, but a means of ensuring personal security.” To meet this need, the Bank has created a used car loan marketplace – Ponova by OTP Bank.
The interview also covered the topic of business lending in the banking sector. V. Mudryi pointed out that the annual growth rate of corporate hryvnia loans in the banking system in the spring of this year reached almost 29%, and SMEs account for 60% of the total corporate loan portfolio in Ukrainian banks.
“This indicates that lending to large businesses has significant potential, especially after the reduction of war-related risks,” – he added. V. Mudryi also reminded that Ukrainian banks have issued UAH 18 billion in loans for energy-related projects.
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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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