(Photo: Jessica Fejos)

The capital of OTP Bank Romania, which is solely owned by the Hungarian business, was raised to RON 1.25 billion, approximately €277 million, MTI reported.

A year ago, OTP raised capital at its Romanian unit to RON 958 mln from RON 783 mln, the raise having been equal to approximately €39 mln calculated at the exchange rate at the time.