OTP Bank has decided to pull out of Romania, but the bank's CEO suggests a possible comeback through acquisitions or cross-border services
Cristina Petrache
Economy
Foto OTP Bank România
Always see our news on Google
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
09:32
Donald Trump and Xi Jinping meet at the White House to discuss tariffs and the future of US-China trade relations on September 24
09:32
Sorin Grindeanu after consultations with Nicușor Dan: We are entitled to lead the government and take over governing
09:27
The World Meteorological Organization warns that the world's rivers reached a record level of drought in 2025, while water reserves have been declining for a decade
09:23
EXCLUSIVE | September 17, 2026. Online Search Trends / Last 24 Hours
09:16
Researchers explain the flood in Nepal through climate warming, glacier retreat, and the instability of Mount Langtang Lirung
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
