Hungarian Foreign Minister Peter Szijjarto called a decision by Ukraine to remove OTP from the International Sponsors of War list “a step in the right direction”, and said the Hungarian bank’s inclusion had been “unfounded, deceitful and laughable”, on Wednesday 4 October.
Hungary’s top diplomat said he invited
OTP Bank has been cleared by Slovenian Competition Protection Agency (AVK) to acquire Nova Kreditna Banka Maribor (NKBM), Slovenia’s second largest bank, the Hungarian bank announced on Wednesday 1 February.
The acquisition of all NKBM’s equity, which has been valued by media outlets at roughly EUR 1bn, was
Hungary’s Ministry of Innovation and Technology and Hungary’s largest commercial bank OTP will collaborate to create Europe’s largest supercomputer, minister Laszlo Palkovics announced. The partnership will develop an AI-based Hungarian-language model for phone banking, he said.
“We are not afraid of competing with technology companies,” OTP’s