The OTP Group continues to expand in Albania
OTP Bank has successfully closed the purchase of Alpha Bank Albania, thereby further expanding the OTP Group in Albania, OTP announced on the website of the Budapest Stock Exchange on Monday.
According to the announcement, with the purchase of Alpha Bank Albania, OTP Bank will become the fifth largest local market player in terms of total assets, and the third largest based on customer loans.
The integration process of the two Albanian subsidiary banks – OTP Bank Albania and Alpha Bank Albania – is planned to last until 2023, they added.
Related news
The producer price of fodder corn increased by nearly 40 percent
In Hungary, according to AKI PÁIR data, edible wheat was…
Read more >The price of fodder corn rose by 16 percent
The European Union’s corn harvest will not be abundant in…
Read more >OTP: the arable land market contracted last year as well
The arable land market narrowed further in 2023: in 29…
Read more >Related news
Chocolate fever and spicy orders – this is how Hungarians celebrate Halloween
Special orders and new candy trends in Central Europe: intimate…
Read more >KSH: The sales prices of the food industry rose by 0.9 percent
In September, industrial producer prices were on average 0.9 percent…
Read more >This is how Hungarians paint their homes with their own hands, every five years, white
PPG Trilak mapped the painting habits of Hungarians, Czechs and…
Read more >