ADVERTISEMENT

OTP SZÉP card top-ups reach HUF 75 bln

Deals

Top-ups of Széchenyi Recreation Cards (SZÉP) issued by OTP Bank's voucher unit have reached HUF 75 billion, Lajos Róth, who heads OTP Pénztárszolgáltató, said at a press conference on Tuesday. Cardholders have spent more than HUF 45 billion on their balances, Róth said. The cards are accepted at more than 20,000 service providers. SZÉP cards, which are issued by several other banks, too, are part of a unified voucher system introduced under an initiative by the current government. OTP Bank controls about 75% of the market for the cards, Róth said.

ADVERTISEMENT

Rate-setters augur slower decline in CPI in 2022 Analysis

Rate-setters augur slower decline in CPI in 2022

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

Magyar Bankholding chairman to serve as CEO as well Appointments

Magyar Bankholding chairman to serve as CEO as well

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

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.