Hungary's OTP Bank , Central Europe's largest independent lender, is planning to buy state-owned Ukrainian banks
PHOTO
Hungary's OTP Bank , Central Europe's largest independent lender, is planning to buy state-owned Ukrainian banks as they are expected to be privatized soon, the Banks' CEO Sandor Csanyi told the bank's annual general meeting on Friday.
"Privatization of state banks in Ukraine is taking place soon, we would like to use our capital there for investments and further acquisition, to increase our market presence," Sandor Csanyi said. (Reporting by Boldizsar Gyori)
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
© ZAWYA 2024
