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OTP Bank Romania’s financial results for 2018: a 25% profit advance than in the base period

OTP Group announced an after-tax profit of RON 55.3 million (HUF 3.9 billion) in 2018, according to the report published in Budapest, which presents the consolidated result adjusted in accordance with the Group reporting standards. The bank registered a profit increase of 25% compared to 2017, as a result of a better operational profit. The performing loan volumes, FX-adjusted, increased by 14%, supported by robust mortgage and SME lending dynamics. ...

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