Hungary’s OTP Group has completed the merger of its Slovenian units, SKB Banka and Nova KBM, the lender said in a press release yesterday.

The merged bank, the market leader in Slovenia, will be called OTP Banka from today.

The lender’s activities will be rounded out with the leasing units SKB Leasing and SKB Leasing Select and factoring company Aleja Finance.

OTP acquired SKB Banka in 2019 and Nova KBM in 2023.