Sándor Csányi, chairman of OTP Bank, said that the bank's withdrawal from the Romanian market was the right decision, but there is a possibility of a return in the future through the acquisition of a larger bank or cross-border services. As of May 1, Csányi will hand over as CEO to his son Péter Csányi, who will remain chairman. In March, Banca Transilvania announced the completion of its merger with OTP Bank Romania, strengthening its market share to 23% and increasing its assets and loan portfolio.
Sources
Latest News
21:30
PMB resumes work on the building in Rahova affected by the explosion
21:12
European Parliament calls for limits on addictive design and an ad-free mode for young people without targeted advertising on online platforms
21:00
Ilie Bolojan welcomes Siegfried Mureșan’s nomination for the position of prime minister: “Our country has the chance to continue on the right path”
20:44
Nicușor Dan has designated Siegfried Mureșan as prime minister. Remus Ștefureac: “An intelligent move” that changes the game of negotiations
20:29
Ion Iordache resigns as head of PNL Gorj and says he wants more freedom to defend the county’s interests in Parliament
See more news