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George Chesakov Appointed As CEO of OTP Bank's Russian Arm

By Veronika Gulyas BUDAPEST--Hungary's largest bank in asset terms, OTP Bank Nyrt. (OTP.BU), appointed George Chesakov as chief executive of its...

CEE MORNING BRIEFING: Czech Politics, Polish Net Inflation in Focus

By Leos Rousek TODAY'S CALENDAR Local/GMT N/A Czech parliament to debate dissolution 1400/1200 Polish July net inflation data Czech politics and...

CEE MORNING BRIEFING: Hungarian Household Debt Levels, OTP Bank Results in Focus

By Leos Rousek TODAY'S CALENDAR Local/GMT 0830/0630 Hungary central bank report on household borrowing 0900/0700 Czech July PPI 0900/0700 OTP...

OTP 2Q Net Profit Beats Forecast on Jump in Net Fees, Lower Effective Tax

By Margit Feher BUDAPEST--The second-quarter net profit of OTP Bank Nyrt. (OTP.BU), Hungary's largest bank by assets and market share, surpassed...

OTP Bank CEO Csanyi: Denies Reports He Will Resign

By Margit Feher BUDAPEST--Chief executive and chairman of Hungary's biggest bank by assets and market share OTP (OTP.BU) Sandor Csanyi denied...

OTP Bank CEO Csanyi Sold Further OTP Shares Friday

By Margit Feher BUDAPEST--Chairman and Chief Executive Sandor Csanyi sold Friday another big part of his holding in OTP Bank Nyrt. (OTP.BU...

OTP Bank Denies CEO Csanyi Would Retire

By Margit Feher BUDAPEST--OTP Bank Nyrt. (OTP.BU), Hungary's largest bank both by market share and shareholders' equity denied local press reports...

OTP Plans to Buy Credigen Bank - Report

By Margit Feher BUDAPEST--OTP Bank Nyrt. (OTP.BU), Hungary's largest bank both by market share and assets, is planning to purchase Credigen Bank...

Hungary Bank OTP's 1st-Quarter Profit Down Less Than Seen on Provision Drop, Revenue Rise

By Margit Feher BUDAPEST--OTP Bank Nyrt. (OTP.BU), Hungary's largest bank by assets and market share, posted a smaller-than-expected decline...

OTP Bank CEO Sees Loan Portfolio Deterioration Slowing

By Margit Feher BUDAPEST--OTP Bank Nyrt. (OTP.BU), Hungary's largest bank both by market share and total assets, expects the deterioration of its...

Hungary's Large Banks Welcome Central Bank's Growth Plan

By Margit Feher BUDAPEST--Most of Hungary's largest retail banks welcomed Monday the plan announced by the central bank last week to promote...

OTP Bank Proposes HUF120 Dividend Per Share On 2012 Results

BUDAPEST--Hungary's OTP Bank Nyrt. (OTP.BU) is proposing to pay a 2012 dividend of 120 forints ($0.50) per share, according to a stock exchange...

OTP Bank Ready To Grow But Demand for Loans Slack

By Margit Feher BUDAPEST--OTP Bank Nyrt. (OTP.BU), Hungary's largest bank by assets and market share, has the financial strength and is ready to...

OTP Bank: Deterioration in Loan Stock To Slow in 2013

By Margit Feher BUDAPEST--OTP Bank Nyrt. (OTP.BU), Hungary's largest bank by assets and market share, expects the deterioration in the quality of...

OTP Bank Swings to Lower-Than-Expected 4th-Quarter Profit

By Margit Feher BUDAPEST--OTP Bank Nyrt. (OTP.BU), Hungary's largest bank by assets and market share, swung in the fourth quarter of last year to...

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