Company attributes
Other attributes
Owing to economic and legal considerations, OTP Group provides its universal financial services through several subsidiaries. In Hungary traditional banking operations are performed by the Bank while specialized services, including car leasing, investment funds are developed and offered by the Bank's subsidiaries. Insurance claims of OTP Group clients are supplied by sales of insurance products with strategic collaboration with French insurance company, Groupama, after its OTP Garancia acquisition.
International subsidiaries
After the realisation of its own privatisation process, OTP Bank started its international expansion targeting countries in the CEE region, which offer great economic growth potentials similar to Hungary. OTP Bank has completed several successful acquisitions in the past years, becoming a key player in the region.
OTP Group currently operates in Albania (Banka OTP Albania SHA), Bulgaria (DSK Bank AD), Croatia (OTP banka d.d.), Romania (OTP Bank Romania S.A.), Serbia (OTP banka Srbija akcionarsko društvo Novi Sad), Ukraine (Joint -Stock Company OTP Bank), Russia (Joint Stock Company “OTP Bank”), Moldova (OTP Bank S.A.), Montenegro (Crnogorska komercijalna banka AD Podgorica) and Slovenia (SKB banka d.d. Ljubljana) via its subsidiaries.
