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
15:00
Alexandru Muraru challenges PSD and AUR to publicly take responsibility for a potential collaboration following consultations at Cotroceni Palace
14:59
Russia attacked Kyiv and Odesa / Ukraine launched hundreds of drones at Russian regions
14:56
Poland’s Foreign Minister warns that Russia is escalating and waging an “increasingly physical” war with Europe
14:55
The CLOSER Association is organizing the first plogging session in Nehoiu, Buzău County
14:50
Consultations at Cotroceni - Cosmina Cerva (PACE): “We expect the first nomination to be made tonight or tomorrow. Those who came for consultations still have not fully understood the very serious situation.”
See more news