Took the word: Ukraine crossed the Hungarian OTP Bank from the War Sponsor List

The National Corruption Agency believed in the new obligations of the bank on further plans in the Russian market. The OTP Bank Hungarian Bank is no longer on the International War Sponsors List. The decision was made on October 2 in the NAPC. It is expected to help unlock Ukraine's military assistance from the European Union of 500 million euros. As it is noted, after long debate, the Hungarian bank has made a number of obligations on its future plans in the Russian market.

"The National Agency, following its part of the arrangements, excluded the bank from the list of international sponsors of the war. NAPC expects that the bank will fulfill the agreement reached without delay," the message reads. It should be noted that on September 30, the NAPC suspended the status of an international sponsor of the war for the Hungarian OTP Bank.

However, in Hungary, they demanded that the bank be excluded from this list forever, otherwise the country will block further EU funding to transfer weapons to Ukraine. OTP Bank is the basis of the OTP Group International Financial Group, which is a leader in the financial services market in Central and Eastern Europe. OTP Bank manages subsidiaries in: yes, in the Russian Federation OTP is among the 50 largest banks, and in a number of directions are among the leaders. The Bank serves more than 2.

2 million clients, the financial institution is represented in more than 1850 settlements, which indicates the importance for the Russian economy. In addition, the Bank ranks second in the POS loan market (loans at the sale of goods) with a share of this market 15. 3% and is eighth in the credit card market. On May 4, 2023, the National Anti -Corruption Agency (NAPC) was added to OTP Bank on May 4, 2023.