OTP CEO pledges to pay dividends despite loss

Telco

OTP Bank CEO Sándor Csányi said today at a press conference that the bank will keep its promise to pay dividends despite losses revealed in the earnings report published earlier today.

The bank expects to pay a HUF 146-per-share dividend on 2014 earnings. The lender reported a consolidated after-tax loss of HUF 102.3 bln for the full year. Last year, the bank paid a HUF 145-per-share dividend on 2013 earnings.

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