OTP Group members in Slovenia conclude historic merger
OTP Group has reached an important milestone in Slovenia. Today, two members of the banking group, Nova KBM d.d. and SKB banka d.d, after all the necessary regulatory approvals, successfully completed the legal and operational merger, and will continue to operate under one brand name, OTP banka. This is the largest bank merger in the history of Slovenia: OTP banka has the largest market share of loans and deposits in Slovenia* becoming the second largest non-Hungarian branch of the international OTP Group (after the Bulgarian DSK Bank).
The new bank builds on the best solutions of former banks. With around 2,500 employees in Slovenia, broad expertise and commitment, OTP Group will continue to provide excellent universal banking services based on trust, establish solid relationships with clients, promote digital developments and contribute to the growth and development of the Slovenian economy.
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OTP Group is one of the fastest growing and leading banking groups with exceptional profitability and a stable capital and liquidity position in Central and Eastern Europe. With nearly 40,000 employees in now 11 countries of the CEE and Central Asian region, the Group provides universal financial services to 17 million customers. As the most active consolidator in the banking sector of the Central and Eastern European region, the Group has successfully acquired and integrated 25 banks since the early 2000s. Currently, the OTP Group is the leader in Hungary, Bulgaria, Serbia, Montenegro and Slovenia**. OTP Group has been listed on the Budapest Stock Exchange since 1995 and has a diversified and transparent ownership structure.
Recently, S&P Global Market Intelligence published the ranking of the best performing banks in Europe and for the first time among 50 largest European banks OTP Group was a top performer. Such an excellent ranking was achieved due to a healthy combination of financial indicators that reflect growth, stability, and profitability at the same time.
OTP Bank Moldova, a subsidiary of OTP Group since 2019, is an integrated and universal provider of financial services. With an approach defined by responsibility, commitment and professionalism, OTP Bank understands the needs of customers and the current market context, and is a reliable financial partner in the provision of financial services.
*According to the data of 31.03.2024
**In terms of total assets: Hungary (31/12/2023), Montenegro (31/12/2023), in terms of total loans: Bulgaria (31/12/2023), Serbia (30/09/2023), and Slovenia (31/03/2024)
