OTP Bank

The financial organization began its operations in 1994. At that time, it was called the savings bank "Hermes". A little later, the company was renamed the joint-stock commercial bank "Bank of Investments and Savings" or "Investsberbank".

At the beginning of 2005, the JSC "Russian General Bank" was merged into the credit institution, the license of which was revoked by the Central Bank shortly thereafter. Thus, JSC "Bank of Investments and Savings" expanded its territory of presence.

Subsequently, Investsberbank completed two major deals:

• in August 2006, the bank acquired the credit institution "Omskpromstroybank";
• In September 2006, he bought the Novorossiysk financial company "Promfinsersbank".

In the future, both organizations were renamed to the "Omsk" and "Novorossiysk" branches of the bank, respectively.

In October 2006, managers of the banking group "OTP Group" contacted the owners of Investsberbank, resulting in the Hungarian company purchasing a 96.4% stake in the commercial bank "Bank of Investments and Savings".

The financial organization received its current name "OTP Bank" in 2008. It can be considered that it was during this period that the Hungarian company began operations in Russia. From that moment, the organization started actively developing the main areas of the banking segment.

The main shareholder of OTP Bank, one of the largest banks in Russia, is the Hungarian group "OTP Group", which owns a 97.7% stake. Another 1.2% belongs to the company "MFB-Invest". The remaining shares are in free float among minority shareholders. The headquarters of the Russian OTP Bank is located in Moscow. The Board of Directors is chaired by Sandor Csanyi, the chief director of the "OTP Group" group. The Russian bank "OTP" is headed by Ilya Petrovich Chizhevsky.

OTP Bank offers a wide range of services to both individuals and legal entities. In particular, regular citizens have access to debit and credit cards, loans, deposits, and premium service.

Bank cards

Today, OTP Bank clients can apply for only two credit cards:

• "120 days without interest";
• "OTP Premium".

Among debit cards, clients have access to:

• "OTP Premium light";
• "OTP Maximum";
• "OTP Premium light Sport";
• "OTP Premium";
• "OTP Care".

Lending

Among the lending programs available here are:

• cash loan for any purpose;
• car loan;
• installment plan;
• loan restructuring.

Deposits and savings accounts

To accumulate their own savings, OTP Bank clients can apply for:

• New Year deposit;
• deposit "Growing Interest";
• deposit "Premium bonus";
• deposit "Easy Start";
• deposit "Profitable";
• deposit "Premium";
• deposit with investment product setup;
• savings account;
• current account.

Premium Service

For premium clients, the following products and services are available at OTP Bank:

• debit card "OTP Premium Light";
• debit card "Premium Light Sport";
• debit card "OTP Premium";
• credit card "OTP Premium";
• deposit "Premium".

Among the advantages of OTP Bank, the following can be highlighted:

1. Reliability and stability. OTP Bank has a high level of reliability and stability because it is almost entirely owned by a Hungarian banking group.
2. A wide range of services and products. OTP Bank offers a broad spectrum of services for individuals and legal entities, including lending, mortgages, deposits, bank cards, and much more.
3. High-quality service. OTP Bank strives to provide its clients with quality and prompt service, as well as convenient online services.
4. Loyalty programs and discounts. OTP Bank clients can participate in various loyalty programs and receive discounts from the bank and its partners.
5. A developed network of branches and ATMs. OTP Bank has a wide network of branches and ATMs across Russia.
6. An individual approach to clients. OTP Bank constantly improves its services, taking into account the wishes and needs of its clients.