OTP board proposes HUF 147 per share dividend

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OTP Bank said today its board would propose to shareholders the payment of 145% of the face value of its shares as dividend that counts as HUF 147 per share for the business year 2014, according to reports.

The dividends would be paid from June 15, 2015, a statement received by MTI said. Last year, the bank paid a HUF 145-per-share dividend on 2013 earnings.

Chairman-CEO Sándor Csányi said earlier that the bank would pay dividends this year in spite of the losses suffered in 2014, which mainly resulted from one-off items.

OTPʼs annual general meeting is scheduled for April 17.

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