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OTP Bank became a systemically important bank in 2022

18/ 03/ 2022
  For the fourth year in a row, OTP Bank was included in the list of systemically important banks based on the results of the annual review by the National Bank of Ukraine, according to the NBU website. In total, this year the regulator included 14 institutions in the list.  Systemically important banks have a significant impact on the development of the countrys financial system, usually offer an expanded list of operations and services of varying complexity, characterized by a significant amount of capital and assets. Increased requirements have also been set for systemically important banks to ensure their increased stability. To recall, in 2019, according to the decision of the NBU, OTP Bank was included in the list of systemically important banks of Ukraine, and in recent years it has consistently maintained this status.

For the fourth year in a row, OTP Bank was included in the list of systemically important banks based on the results of the annual review by the National Bank of Ukraine, according to the NBU website. In total, this year the regulator included 14 institutions in the list. 

Systemically important banks have a significant impact on the development of the country’s financial system, usually offer an expanded list of operations and services of varying complexity, characterized by a significant amount of capital and assets. Increased requirements have also been set for systemically important banks to ensure their increased stability.

To recall, in 2019, according to the decision of the NBU, OTP Bank was included in the list of systemically important banks of Ukraine, and in recent years it has consistently maintained this status.

This material is provided by a member company or partner organization of the European Business Association as part of an informational collaboration. The Association is not responsible for the accuracy, completeness, or reliability of the information presented. The views, opinions, and recommendations expressed in this material are solely those of the authors and do not reflect the official position of the European Business Association.

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