OTP Group Becomes First EU Bank to Establish a Bond Programme on the Hong Kong Stock Exchange
OTP Group marked another milestone in international capital markets: it has become the first European Union bank to establish a bond programme on the Stock Exchange of Hong Kong Limited (HKEX). The launch of the EUR 7 billion Euro Medium Term Note (EMTN) programme was celebrated with a commemorative gong ceremony at the Connect Hall of the Hong Kong Stock Exchange on 30 June.
The programme creates a long-term opportunity for OTP Group to strengthen its presence among Asian institutional investors. It establishes a permanent platform for trading with certain OTP bonds, and enables the Group to raise funding flexibly in different currencies, maturities and structures.
On 16 June 2026, OTP priced the programme's inaugural issuance: a EUR 1 billion Tier 2 note, listed in Hong Kong and Luxembourg. It is OTP's largest-ever bond transaction: the offering drew a peak order book of EUR 4.1 billion, priced at a coupon of 4.625%.
Sándor Pataki, Director of Investor Relations and Capital Markets Operations of OTP Bank, said: “Listing our EMTN programme in Hong Kong is a clear demonstration of OTP Bank’s long-term vision and strategic commitment to international capital markets. Hong Kong excels as one of the world’s leading international financial centres, serving as a vital bridge between East and West. For OTP Bank, this is not only an opportunity to access liquidity, but also to deepen relationships and build lasting trust with investors in this dynamic region.”
OTP Group’s growing strength is also reflected in its position on the latest Forbes Global 2000 ranking, where it is ranked 398th, an improvement of more than 600 places compared to the 2022 ranking.
About OTP Group
OTP Group is one of the fastest growing and one of the leading banking groups in the Central and Eastern European region, with outstanding profitability and a stable capital and liquidity position. With nearly 40,000 employees in now 11 countries of the CEE and Central Asian region, the Group provides universal financial services close to 17,5 million customers.
As the most active consolidator in the banking sector of the Central and Eastern European region, the Group has successfully acquired and integrated 25 banks since the early 2000s.
OTP Group is headquartered in Hungary and has a diversified and transparent ownership structure. The Banking Group has been listed on the Budapest Stock Exchange since 1995.
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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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