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The oldest antecedent of OTP Bank was the First National Savings Bank of Pest, established in 1839–1840 and nationalized in 1948.In 1949, the latter's operations were transferred to the newly established Hungarian National Savings Bank Company (Hungarian: Országos Takarékpénztár Nemzeti Vállalat), one of the country's four main financial institutions alongside the Hungarian National ...
The Romanian subsidiary of National Bank of Greece, Banca Românească, was acquired by the Romanian state-owned corporate bank EximBank. 23 January 2020 Bank Leumi: 30 April 2020 Bank Leumi's Romanian subsidiary merged with First Bank. 31 April 2020 Crédit Agricole: 30 September 2022 Crédit Agricole's Romanian subsidiary merged with Vista Bank.
OTP Ingatlanpont offers a broad range of integrated services, including property sales, appraisal and valuation, property leasing, tenant representation, strategic consulting and through its parent bank, the OTP Bank also mortgage services and property loans. [4] [5] The company is since its founding in 2011 part of the OTP Bank Group.
From 1986 to 1989 he worked as a head of department at Magyar Hitel Bank. He was deputy CEO of Kereskedelmi és Hitelbank from 1989 to 1992. In 1992 he became chairman & CEO of OTP Bank Group and fired a number of managers (which was unheard of in a formerly socialistic country). He is responsible for the Bank's strategy and overall operation. [6]
OTP Bank (originally Országos Takarék Pénztár), independent financial services providers in central and eastern Europe; OTP Ingatlanpont, Hungarian real estate brokerage firm; Office of Technology Policy, U.S. government office; Office of Telecommunications Policy, U.S. government office 1970–1978
OTP banka Srbija, formerly known as Société Générale Srbija, was a commercial bank with headquarters in Belgrade, Serbia. It was owned by Hungarian OTP Bank since September 2019 and was mergied into Vojvođanska banka a.d., a wholly owned subsidiary of OTP Bank. Subsequently, Vojvođanska banka a.d. changed its name to OTP banka Srbija a.d ...
CEC Bank (prior to May 6, 2008 Casa de Economii și Consemnațiuni, but already known then as CEC), [1] [2] is a state-owned Romanian banking institution. [3] [4]In 1990, shortly after the Romanian Revolution of 1989, CEC had a 32.9% share of the Romanian market for banking; by 2006 this had fallen to 4.03%. [5]
In 2009, as a regulatory response to the revealed vulnerability of the banking sector in the financial crisis of 2007–08, and attempting to come up with a solution to solve the "too big to fail" interdependence between G-SIFIs and the economy of sovereign states, the Financial Stability Board (FSB) started to develop a method to identify G-SIFIs to which a set of stricter requirements would ...