OTP offering HUF 15 mln condominium tender

Banking

Tupungato/Shutterstock.com

OTP Bank has announced its condominium tender again this year, in which 20 residential communities can receive a total of HUF 15 million in non-refundable support, the financial institution said, according to origo.hu.

In the announcement, the head of the Micro and Small Business Department of OTP Bank, Bernadett Dancsné Engler, said more than 860 residential communities had applied last year.

The opportunity to apply again is open to any condominium or housing association in the country. It is not just open to joint representatives; residents with the power of attorney of the general assembly can also apply.

ADVERTISEMENT

Business Confidence Worsens, Consumer Confidence Improves Analysis

Business Confidence Worsens, Consumer Confidence Improves

Parliament Negates Mandatory Membership in MOK Parliament

Parliament Negates Mandatory Membership in MOK

Haulier Koncsek Trans Invests HUF 150 mln in Garage Upgrade Transport

Haulier Koncsek Trans Invests HUF 150 mln in Garage Upgrade

Budapest Leaders Unveil Plans to Scale Back Traffic on Thoro... City

Budapest Leaders Unveil Plans to Scale Back Traffic on Thoro...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.