OTP opens regional office in Serbia
OTP Bank, Hungaryʼs biggest commercial lender, held an opening ceremony Monday for its regional center in Niš, Serbia, with the participation of Hungarian Prime Minister Viktor Orbán and OTP Chairman-CEO Sándor Csányi, Hungarian news agency MTI reported.
Csányi said that OTP has been present on the Serbian market for ten years, since it bought Niska Banka, which is now an OTP subsidiary. OTP is preparing to expand further and buy additional branch offices, he added.
Orbán said the opening ceremony was a symbolic event that supports the economic policy of strong cooperation between Hungary and Serbia.
OTP Bank spent around EUR 0.5 mln on the regional office.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.