The OTP Bank intends to acquire 40 percent in agricultural financing

By: trademagazin Date: 2013. 08. 06. 11:50

The OTP Bank is willing to increase its market share to at least 40 percent in medium terms in the agricultural funding – Csányi Sándor, CEO announced in Budapest at a press conference on Tuesday.

The Bank's CEO pointed out before the signing of a cooperation agreement with the National Agricultural Chamber (NAK): Last year, bank loan stocks in the agriculture sector decreased, while the credit stock of the OTP bank increased by 15 percent. This represents an about 13 percent stake for the bank in the funding of the sector – Benedek Fülöp Executive Director told MTI. (MTI)

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