OTP Bank's predecessor, called the National Savings Bank (OTP Bank) was established in 1949 as a nation-wide, state-owned, banking entity providing retail deposits and loans. OTP Bank gradually expanded its activities and currently OTP Bank operates as a universal bank, providing a full range of retail, private and corporate banking products and services to private individuals and corporate customers.
OTP Bank Nyrt is the 1st largest bank in Hungary in terms of total assets. In 2019 its total assets were 10 138,80 bln HUF. In 2019 the bank's net income was 193,35 bln HUF.
OTP Bank Nyrt is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Baa1 (lower medium grade).
OTP Bank Nyrt participates in the deposit guarantee scheme of Hungary. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by natural persons (Hungarian and foreign), legal entities and covers up to up to 100,000 EUR per bank per depositor. OTP Bank Nyrt is a member of National Deposit Insurance Fund (NDIF) and makes its contributions into it.
OTP Bank Nyrt is a member of OTP Bank (Hungary).
OTP Bank Nyrt is headquartered in Budapest 05. Ker..
OTP Bank Nyrt is authorized and supervised by the Magyar Nemzeti Bank.