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OTP Bank raises capital at Ukrainian subsidiary

Telco

OTP Bank on Friday said a capital increase to UAH 3,668,186,135 (€155 mln) from UAH 2,868,190,521 (€121 mln) was registered at its Ukrainian subsidiary, state news agency MTI reported.

OTP Bank announced in an earnings report published on Friday that the subsidiary experienced a HUF 10.2 bln loss in the first quarter of this year.

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