OTP: SME loan stocks may expand this year

Up to 10 percent stock growth can occur in the loan stocks of the small and medium-size enterprises in this year – said Bencsik László, deputy general manager  of OTP Bank at a press conference on the bank’s half year results.

In the first half of the year, the group's lendings did not increase, but in the second half of the year the situation may change. Major stock growth is primarily expected from the Russian subsidiary bank, due to seasonality of product lendings. In Russia, especially the Christmas period is strong in this field. (Herman Bernadett, Világgazdaság Online)