Owners
2019: Acquisition by the OTP Group
On September 26, 2019 it became known that the OTP Group closed the transaction on acquisition of Societe Generale bank Serbia.
 | on September 24 OTP Bank (Hungary) closed the deal on acquisition of Societe Generale bank Serbia (SGS). As a result, OTP Bank became 100% the owner of bank of Serbia from market shares for September, 2019 of 8.3% and also its local branches working both in retail and in corporate segments, says the press service of OTP. |  |
The OTP group already owns Vojvodjanska banka in Serbia, and the transaction on acquisition of Societe Generale should strengthen its market positions in the country.
Banks of the OTP Group for September, 2019 are located in Hungary, Croatia, Romania, Serbia, Slovakia, Ukraine, Bulgaria, Montenegro, Albania and also in Russia. By the amount of assets the Russian OTP Bank takes the 45th place among the credit institutions working in the Russian Federation[1].
Notes
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