Hungarian OTP Bank Bigger Than European Rivals

  • 24 Oct 2019 9:03 AM
  • Hungary Around the Clock
Hungarian OTP Bank Bigger Than European Rivals
OTP Bank shares ended trading on the Budapest Stock Exchange on Tuesday at a record high of Ft 13,540, an increase of 1.3%, on strong volume.

The market value of OTP exceeds Ft 3.7 trillion, more than that of Poland’s largest bank PKO, or that of Dutch bank ABN Amro or Austria’s Raiffeisen, Portfolio noted.

The market value of OTP is now some 66% higher than that of Commerzbank, the second largest German bank. It is only 32% below Deutsche Bank and 17% below Erste Bank’s market capitalisation.


MTI Photo: Zoltán Balogh

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Around the Clock

Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.

Explore More Reports

  • OTP Complaints to Constitutional Court Over ATM Act in Hungary

    OTP Complaints to Constitutional Court Over ATM Act in Hungary

    • 11 Nov 2025 5:54 AM

    OTP Bank, along with several other credit institutions, filed a constitutional complaint with the Constitutional Court, asking the court to declare unconstitutional certain provisions of Act XVIII/2025 on the installation of automated banknote dispensing machines and other related regulations, the bank said.

  • Retail Banking Fee Cuts Coming in Hungary

    Retail Banking Fee Cuts Coming in Hungary

    • 10 Apr 2025 6:59 AM

    The National Bank of Hungary (NBH) and the Hungarian Banking Association have reached an agreement that will make banking costs simpler, more transparent and cheaper, Mihaly Varga, the central bank governor, said in a statement.

Enjoy more

finance CHANNEL SPONSOR

Share your story

We're interested in your stories, and photos, related to expat life in Hungary. Your contributions, and Press Releases, are invited for review before publication in the loop.