Financial Market and Business Social Responsibility Committee of The Ukrainian Chamber of Commerce and Industry ranked “OTP Pension” first in the transparency rating of non-state pension funds.
The rating assessed the possibility for a potential investor to find full, timely and relevant information on a non-state pension fund from official and public sources. The rating included only open pension funds with assets of not less than UAH 500 000.
“We believe that transparency is one of the main principles of our work. This is a guarantee of reliability and confidence in any financial institution and especially in non-state pension funds, because they are responsible for the long-term preservation and growth of clients’ pension capital. This appreciation of “OTP Pension” is a deserved result of our policy. We plan to further expand the scope of information provided to our clients”, - said Vitaliy Dyshlovy, Head of Sales and Marketing Department of AMC “OTP Capital”.
The main purpose of “OTP Pension” is to collect pension contributions from individuals and companies, invest these assets in different financial instruments, to protect and increase them in order to make pension payments to its participants after their retirement. "OTP Pension" is one of the largest open pension funds in Ukraine in terms of assets - it manages nearly UAH 90 million, which belong to 29 400 clients.
Asset management company OTP Capital was established in July 2007 and became the second after OTP Bank representative of OTP Group in Ukraine. The company provides a wide range of high quality investment services to both corporate clients and individuals and is one of the leaders of the collective investments market. AMC OTP Capital manages 6 public mutual funds, 3 venture funds, reserves of insurance companies and 2 non-government pension funds. Total assets under management: UAH 306.6 mln.
Public joint stock company 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. Its absolute owner is the largest Hungarian Bank OTP Bank Plc.