Solutions offered by OTP Bank for corporate clients and local governments

Favourable financing opportunities refinanced by EIB are open for local governments and companies. Pál Kovács, managing director of the Commercial Banking Division of OTB Bank has told us about the details: OTP Bank offers a very wide range of services. Refinanced loans are exceptionally important, as these always come with more favourable conditions than generally offered in the market. EIB Global Loan, available without any limitations regarding clients or use is an example of these. Refinancing allows better than market interest rates to be charged and longer term financing. The EIB Global Loan also opens up further possibilities for support by the EU Commission for certain projects and clients. EU subsidies are available for local governments, partnerships of these and companies undertaking to perform tasks defined by EIB, like water and waste management. Apart from international payment services, we also offer possibilities for committing currency revenues, at exceptionally favourable, fixed interest rates, for a very wide range of terms, from 1 week to 1 year, with flexible conditions.