OTP Celebrates 25 Years On Budapest Stock Exchange

  • 8 Oct 2020 8:28 AM
  • Hungary Around the Clock
The Budapest Stock Exchange has awarded chairman and CEO of OTP bank Sándor Csányi for his achievement in heading the largest bank in Hungary, BSE chairman Mihály Patai announced as the 25th anniversary of the listing of the share was celebrated on Wednesday.

OTP has proven to be crisis-proof for the past 25 years, successfully surviving the Russian crisis, the financial crisis of 2008 and the crisis of this past spring and it remains full of energy, said exchange CEO Richard Végh.

OTP was listed on the stock exchange at Ft 115 in 1995. With a Ft 10,000 closing price on Tuesday, the price increase is over 86-fold, alongside regular dividend payments.

Csányi said he had received many awards throughout his life but this one is one of the most valuable, because the stock market is one of the truest reflections of performance.

MTI Photo: László Róka

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