9 October 2026, 08:44
OTP Bank
News OTP Bank
A funding deficit of 5−7-9% complicates lending to agribusiness
The state delays compensations under the 5−7-9% program and banks lose margin. As a result, loan rates for farmers shot up to 18–19,5% per annum and the role of additional costs is increasing.
OTP Bank is considering exit from Russia by the end of 2026
OTP Bank is considering a full exit from Russia and must decide by the end of 2026. The bank has already reduced activity in the Russian market and repatriated about $880 mln in dividends.
