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
OTP Mobil: We know that changing passwords is critical, but we still don’t do it
According to a recent survey, although three quarters of the…
Read more >
In the EU, the expected area of corn has been revised upwards
In the March projection of the International Grains Council (IGC),…
Read more >
A 6 percent more corn harvest than last year is expected
In the January projection of IGC, the 2022/2023. 1230 million…
Read more >Related news
In 2023, SPAR realized a turnover of over HUF 1 billion
SPAR Hungary achieved a turnover of HUF 1,023.2 billion in…
Read more >
Primark’s first domestic store will open in a month
Primark will open its doors at 10 a.m. on May…
Read more >
Heineken achieved strong volume growth in the first quarter
Heineken, the world’s second largest beer producer, achieved a 4.7%…
Read more >
