OTP Bank - OTP Group Global Securities Services

OTP Group is present in 11 countries within the CEE region, where through a bold expansion strategy it has become a key financial service provider in the recent years. Last year the Group Members’ capital market experts served some 19,000 corporate, retail and institutional clients throughout the region.

As one of its major pillars, OTP Global Securities Services (OTP GSS) are available in Hungary, Bulgaria, Croatia, Montenegro, Serbia and Slovenia provided by the Group Members. Clients benefit from the combination of dedicated and reputable teams with over 20 years capital markets experience and direct local market relationship.

The goal of the Group is to strengthen its position as a dominant regional market player over the coming years, by providing a broad product portfolio, servicing a highly diversified client base and offering innovative technologies in the field of Securities Services.

Why OTP Group?

Broad range of services
OTP Group as major player in the CEE region provides universal banking services to all client segments in eleven countries
Settlement in more than 80 markets worldwide
OTP Group provides its Securities Services in six countries in the region, with total assets under custody over € 22 billion by mid 2021
Comprehensive solutions
Local market knowledge and support, combined with the benefits of the regional operation model
Highly experienced Securities Services teams
Leverage the deep expertise of OTP Group professionals being your local links in the region
Awarded service provider
OTP Group and its subsidiaries have been recognized in major industry surveys and awards. OTP Group was named best bank in Central and Eastern Europe in the Euromoney Awards for Excellence 2021 and won the title of The Banker magazine’s Bank of the Year 2021 in the CEE region. The expert jury of Global Finance magazine awarded OTP Bank the title of "World's best Sub-custodian" for the Croatian market for the seventh year in a row.

NewsFlash

Introduction of Euro as official currency in the Republic of Croatia Croatia, 17/05/2022
Change of Slovenian Tax Authority practice Slovenia, 29/04/2022
Additional documentation needed for proxy voting Slovenia, 30/03/2022
Decrease of Withholding Tax on Interest and the capital gain tax rate Slovenia, 28/03/2022
Update on CSDR regulation OTP Group, 22/03/2022
Methodology for calculating value of securities Croatia, 16/02/2022
Implementation of Settlement Tolerance Level on Croatian Market Croatia, 15/02/2022
SDR Implementation in Croatia Croatia, 11/02/2022
SKDD granted with the CSDR licence Croatia, 10/02/2022
Implementation of Settlement Discipline Regime (SDR) Croatia, 01/02/2022

Services of the Group Members

Safekeeping

High level of protection of your financial instruments

Flexible account structure

Omnibus and/or segregated accounts in line with local market rules and clients’ needs

Settlement management

Local and cross-border clearing and settlement in a wide number of markets worldwide through efficient and cost-effective processes

Corporate actions and income collections

Accurate processing and reporting of mandatory and voluntary corporate action events, efficient collection of due payments

Fund and portfolio administration

A comprehensive fund and portfolio administration service with risk-based monitoring approach including NAV calculations, limit monitoring, record keeping and reporting to authorities

Tax support

Tax relief at source in line with local regulations, international tax treaties and EU legislation

Proxy voting

Ensuring shareholders can fully exercise their ownership rights and responsibilities without having to attend the General Meetings. Managing the entire voting process accurately and securely

Compliance with financial regulations

Adherence to the high standards needed to cover new risks and to be compliant with changing regulatory requirements

Real estate fund servicing

Broad knowledge on this special client segment

These services might not be fully available in all GSS locations, please contact our colleagues listed on the relevant country page for further information.