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August 13, 2022
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OTP Group awarded within Global Finance: Best SME Bank Award 2022

OTP Bank Group won two prizes within this year’s edition of Global Finance competition: „Best SME Bank in CEE” and „Best SME Bank in Hungary”. The competition honors those financial institutions that provide the most value for their micro, small and medium sized business clients, especially considering their critical role in COVID-19 context.

“Small & medium enterprises (SMEs) were hit hardest by the COVID-19 pandemic, and will play a critical role in any country’s recovery,” said Joseph Giarraputo, Global Finance’s publisher and editorial director.Global Finance has launched its new SME Bank Awards Program in recognition of this fact. It is a unique and important time to give the financial institutions that best serve SMEs the opportunity to be honored for the services and support they provide.”

 The editors of Global Finance selected the winners for the 2022 Best SME Bank Awards based on entries submitted by banks and independent research, with input from industry insiders, executives, and technology experts. Global Finance used a proprietary algorithm with criteria—such as knowledge of SME markets and needs, breadth of products and services, market standing, and innovation.

This year’s ratings are based on performance from April 1, 2020 to March 31, 2021. The winners are those banks that best meet the specialized needs of SMEs in their markets.

Having 35-year history, Global Finance’s awards are the trusted standard of excellence for banks and corporate partners.

 

 About OTP Bank Romania

 

OTP Bank Romania, a subsidiary of OTP Group, is an integrated and self-financed provider of financial services. With an approach defined by responsibility, commitment and professionalism, OTP Bank Romania understands the needs of clients and the current context of the market and is a trusted partner in the provision of financial services. The bank ranks 9th in terms of assets in the ranking of banking players in Romania, as of December 2018.

OTP Group has more than 70 years of activity in the financial sector in Central and Eastern Europe, while the Romanian subsidiary has marked 16 years of presence in the local market. Promoting innovation, stable growth and integrated financial services, OTP Group has become a dominant player in the Central and Eastern European market and is considered an important banking group even on a European scale. The community of about 40 thousand employees serves nearly 16,3 million customers daily in 11 countries.

 

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