Statutory Capital of OTP Bank has been increased up to UAH 2 bln.

 

National Bank of Ukraine has registered increase of OTP Bank’s Statutory Capital by UAH 862 mln. Thus, it amounts now to UAH 2 068 bln. At the same time the general regulatory capital of the bank exceeds UAH 3 bln.

As remarks Dmitry Zinkov, Chairman of the Board, these indicators confirm extremely stable financial position of the bank.   “The Bank is highly capitalized and today we can state with assurance that the bank is able to resist any cataclysm on European and domestic financial markets”, - he underlines.

OTP Bank – is an universal bank, acknowledged leader of financial sector of Ukraine. The Bank provides full range of financial services for private individuals, corporate clients and small and medium enterprises. On the Ukrainian market it has a proven reputation of innovative structure with constantly growing business volumes and offering to its customers the highest quality products.

According to the Association of Ukrainian banks (AUB) as on October 01, 2008, OTP Bank is the 8-th largest bank in terms of assets and the 7-th in terms of loan portfolio. Today the Bank serves more than 270 thousand clients. OTP Bank’s network comprises 24 branches, 137 outlets and 29 representative offices all over Ukraine.

Published: 07.11.2008