OTP Group managed to preserve its stable operating earning capability during the crisis, its capital and liquidity positions remained outstanding in international comparison

In 1H 2011 OTP Group posted HUF 74.5 billion after tax accounting profit, including the negative effect of the Hungarian banking tax. Excluding this item, the adjusted net earnings reached HUF 88.7 billion, underpinning a 5% y-o-y growth. The 2Q adjusted profit represented HUF 44.6 billion (+1% q-o-q). The size of the banking tax remained the same (HUF 7.2 billion) and similar quarterly levy is expected for the rest of the year

The positive trends were continuing in 1Q 2011: in most of the countries industrial production grew steadily and export performance was strongly supported by the robust German economy as well as with global demand for commodities

JSC OTP Bank reports solid 1Q 2011 net profit of UAH 269.5 million according to Ukrainian financial standards, having more than tripled the previous year result (UAH 87.3 million)

In 2010 OTP Group posted HUF 162 billion adjusted profit after tax by 7% higher than in 2009. Including the HUF 29.5 billion net effect of the special banking tax, as well as the net HUF 15 billion goodwill write off, the accounting net result is HUF 118 billion

JSC OTP Bank reports solid 4Q 2010 profit. The Bank’s financial result according to the National Accounting Standards reached UAH 609.4 mln evidencing its outstanding performance after the financial result -UAH 464.3 million at the end of 2009. “The positive financial results for the reporting period allowed us to fully cover the losses in 2009, in the year of recession,” highlighted Mr. Dmitry Zinkov, Chairman of the Board of OTP Bank