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OTP falls to second on Deloitte's list of top 50 regional banks

Hungary's OTP Bank slipped to number two on Deloitte's 2010 list of the top 50 banks in the central and eastern European region based on total assets, down from the first place in 2009. Altogether five Hungarian banks made the top 20, one more than in 2009.

Poland's PKO Bank Polski, which was ranked second on Deloitte's 2009 list, skipped over OTP Bank into first place on this year's list with total assets of EUR 38.09 billion, compared to OTP's EUR 36.02 billion. Czech bank CSOB surpassed fellow Czech bank Ceska Sporitelna to gain third place on the 2010 list with total assets of EUR 32.55 billion.

Four other Hungarian banks finished among the top 20 regional banks on the 2010 Deloitte list -- MKB at number 15 after being the 20th in 2009, K & H at number 16, the same as in 2009, Erste Bank at number 18 as newcomer among the first 20, and CIB at number 19, up from 17 in 2009.