OTP Bank

OTP Bank is the largest commercial bank in Hungary. The OTP Group operates nearly 1,400 branches across Central and Eastern Europe, serving around 16 million customers in eleven countries. The bank has also expanded into Central Asia, specifically Uzbekistan. In addition to Hungary, OTP is a market leader in loan portfolios in four other countries: Bulgaria, Slovenia, Serbia, and Montenegro.

 History 
OTP Bank was founded in 1949 in Hungary as the National Savings Bank (Országos Takarékpénztár). Initially, it focused on personal savings and basic banking services. In the 1990s, after the fall of communism, the bank transitioned to a private company and became known as OTP Bank. It started expanding internationally, acquiring banks in Central and Eastern Europe.

 Foreign subsidiaries 

 Albania - OTP Bank Albania
 Bulgaria - DSK Bank Bulgaria
 Croatia - OTP Bank Croatia
 Moldova - OTP Bank Moldova
 Montenegro - CKB Bank Montenegro
 Russia - OTP Bank Russia
 Serbia OTP Bank Serbia
 Slovenia - OTP Bank Slovenia
 Ukraine - OTP Bank Ukraine 
 Uzbekistan - Ipoteka Bank Uzbekistan

Notes

Category:Banks of Hungary