OTP Group

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 aqutision.

Members of OTP Group

Strategy

The strategic goal of OTP Group is to become the most successful universal banking group in Central and Eastern Europe. In addition to our openness to innovation, the secret of our success lies in the fact that our head office located in the region, our 70 years of experience and our customer base of nearly 16 million enable us to properly understand and serve the needs of our customers.

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History

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. In the ensuing years, its activities and the scope of its authority gradually widened.

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Social participation

Besides its business success OTP Bank, as the largest bank in Hungary pays special attention to the financial support of activities and events that serve the improvement of social values, and contributes to the realization of important social goals.

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