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Bpi officership training program otp bank12/31/2022 ![]() ![]() Subsequently, non-banking activities were separated from the bank, along with their supporting organisational units. Its name was changed to the National Savings and Commercial Bank. In 1990, the National Savings Bank became a public company with a share capital of HUF 23 billion. Since 1989 the bank operated as a multi-functional commercial bank with the authorization to provide commercial loans and banking services for banks and import- export transactions. Until 1987 the National Savings Bank was the only retail bank. The predecessor of OTP Bank, called the National Savings Bank (OTP Bank) was established in 1949 as a nation-wide, state-owned, banking entity providing retail deposits and loans. The first predecessor of OTP Bank was the Pesti Hazai Első Takarékpénztár established in 1839. The rest are held by Megdet Rahimkulov at 8.88%, Hungarian MOL Group at 8.57%, French Groupama at 8.3% and American Lazard at 5.64%. OTP has a high free float shareholder structure, with a free float ratio of 68.61%. Currently most of the banks' shares are owned by private and institutional investors, which ensures stable ownership structure of the company. The bank went public in 1995, and the share of the state in the bank capital decreased to one preferential gold share, which also eliminated shortly thereafter. ![]() 'Nationwide Savings Bank'), which indicates the original purpose of establishment of the bank. ![]() OTP stands for Országos Takarék Pénztár ( lit. OTP Group started its activity in 1949 when OTP Bank was founded as a state savings and commercial bank. OTP is still the largest commercial bank in Hungary with over 25% market share. The bank is present in 11 countries, namely Albania, Bulgaria, Croatia, Hungary, Moldova, Montenegro, Romania, Russia, Serbia, Slovenia and Ukraine.Īs of 2018, OTP Group had more than 36,000 employees, 13 million clients, and over 1,500 branches. The OTP Group comprises subsidiaries in the field of insurance, real estate, factoring, leasing and asset management, investment and pension funds. OTP Bank Group is the largest commercial bank of Hungary and one of the largest independent financial service providers in Central and Eastern Europe and with banking services for private individuals and corporate clients. DSK Bank, Crnogorska Komercijalna banka, see full list in OTP Group section ![]()
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