Domestic ownership in OTP Bank rises

Banking

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Domestic ownership in OTP Bank, Hungary's biggest commercial lender, increased last year, state news wire MTI reports, citing a disclosure posted on the website of the Budapest Stock Exchange.

While foreign institutions remained the biggest stakeholders in OTP, with 66.73% ownership at the end of 2021, that share fell from 71.64% at the end of 2020.

During the same period, domestic institutions' ownership stakes in OTP rose to 26.66% from 20.93%, while domestic individuals' ownership slipped to 5.27% from 5.65%.

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