Hungary

OTP Bank Hungary Securities Services

OTP Bank GSS provides custody and depositary services in Hungary to a wide range of institutional investors, like banks, brokerage firms, securities and real estate investment funds, pension funds, insurance companies since the mid-1990s. We are also servicing corporate clients investing in foreign markets. The value of the financial assets in custody exceeded HUF 2,500 billion (EUR 7.3 billion) by mid 2021.

The Hungarian GSS team is of 25 highly qualified experts, having all the knowledge and experience that enables us to provide high quality services for our clients. We are particularly proud to be the first to launch securities services for securities investment funds in Hungary in 1996. We were also amongst the pioneers in the field of fund administration for open-ended real estate funds in Hungary in 2002.

By now, we have built up a knowhow and experience in this market segment that enables us to support our partners with tailored solutions even in a continuously changing market environment.

Contacts

OTP GSS group email address: securities.services@otpbank.hu

NewsFlash from Hungary

Public holidays in 2021

DatePublic Holiday
24 December Christmas Eve
25 December Christmas Day
26 December 2nd Day of Christmas
31 DecemberNew Year's Eve
(only Stock Exchange is closed)

Date

24 December
  • Public Holiday
    Christmas Eve

Date

25 December
  • Public Holiday
    Christmas Day

Date

26 December
  • Public Holiday
    2nd Day of Christmas

Date

31 December
  • Public Holiday
    New Year's Eve
    (only Stock Exchange is closed)

Useful links

Awards

Global Finance

Best Bank Award

2018, 2019, 2020, 2021

Global Finance

Safest Bank Award

2020

The Banker

Bank of the Year - Hungary

2020

Master Card

Bank of the Year

2019, 2020

Euromoney

Awards for Excellence
Hungary’s Best Bank

2017, 2018, 2020, 2021

Regulatory

Capital market

Investment Funds

Pension Funds

Other

This information is provided by OTP Bank Hungary, a member of OTP Group, as a service to its customers only. The information and opinions provided therein has been prepared in good faith on the basis of information which is either publicly available or obtained from sources which OTP Bank Hungary reasonably believes reliable, and OTP Bank Hungary does not represent or warrant their veracity, accuracy, relevance including relevance of the legislation provided as links hereto, or completeness. Such publicly available information may be incomplete or condensed and no responsibility or liability (express or implied) is accepted for any errors, omissions or misstatement by OTP Bank Hungary. Information herein reflects the market situation at the time of writing and may change as market or regulatory conditions and circumstances develop. Figures relate to the past and indicate historic data. Past performance is not a reliable indicator of future results. No representation, warranty or undertaking, express or implied is made and no responsibility is taken or accepted by OTP Bank Hungary as to or in relation to the accuracy or completeness or otherwise of the material or as to the reasonableness of any assumption contained herein.

The estimates and opinions included herein are subject to change without notice and solely reflect the viewpoint of the authors thereof and are not intended, and shall not be interpreted, as an offer by OTP Bank Hungary or any of its officers, directors, employees or agents to buy, sell, hold, hedge or otherwise deal with any currency, security, commodity or any kind of swap, forward rate, futures, options, derivatives or other contract or product whatsoever or an investment advice. It does not constitute legal, tax and accounting advice. Any person acting or behaving, or refraining from acting or behaving, in reliance on, or under the guidance of, the information provided or opinions expressed or recommendations made herein shall do so exclusively at its own risk based on independent assessment and without any liability for the result of its actions on the part of OTP Bank Hungary or any of its officers, directors, employees or agents. Any such assessment should involve the complex consideration of the legal, tax, accounting, regulatory, financial, credit and other related aspects of any decision in respect of the information contained herein in order to be capable of making a well advised decision based on opinions from competent and independent advisors or other experts. OTP Bank Hungary or any of its officers, directors, employees or agents shall not be liable for any failure to obtain such advice.

OTP Bank Hungary assumes no responsibility or liability for information contained herein and is not holding out any information as a recommendation to take (or refrain from taking) any action in respect of any financial instruments.

OTP Bank Hungary does not assume or accept any liability whatsoever for any direct, indirect, financial, economic or consequential loss or damage arising from any use of material contained herein, caused by the negligent act or omission of OTP Bank Hungary, provided that such limitation of liability shall not apply to any liability which cannot be excluded or limited under applicable law.

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If you have any questions, you can contact us by e-mail at information@otpbank.hu!

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