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OTP Bank entered TOP-5 in the banks’ financial reliability ranking by YouControl

12/ 08/ 2021
  OTP Bank took the forth place in the ranking of Ukrainian banks’ financial reliability FinScore by the analytical system of business intelligence YouControl according to 2Q2021 results, YouControl’s website has announced. Totally both TOP-5 and TOP-10 banks in the ranking of Ukrainian banks’ financial reliability FinScore includes just the banks with foreign capital and a state Ukrainian bank. FinScore is a scoring index of a bank’s financial reliability, which is based on 25 indicators and calculated by the analytical department of YouControl. Among the indicators used are NBU ratios and financial indicators, which comprehensively reflect the state of banks’ liquidity, capital adequacy, profitability, credit, investment and currency risks. Since the index is used primarily for the comparison with competitors in the Ukrainian market, it is not sensitive to system-wide amendments. In other words, the index reflects the financial status of a bank relatively to other players in the sector, and based on it, users can quickly make a decision about the need for further in-depth research or get ready-made information how financially stable and, accordingly, reliable a bank is. Joint Stock Company OTP BANK- is one of the largest Ukrainian banks with foreign capital, a recognized leader in the countrys financial sector. The bank provides a full range of financial services for corporate, private clients and small and medium-sized business. It operates on the Ukrainian market since 1998 and has a strong reputation as a socially responsible, reliable and robust institution with financial services of European quality. The largest Hungarian OTP Bank Plc owns 100% of the bank capital. Since 2019, OTP Bank entered the list of systematically significant Ukrainian banks that wield a substantial influence on the financial sector development. In Ukraine, OTP Bank keeps a financial group which includes OTP Capital Asset Management Company and OTP Leasing LLC. Follow OTP Bank news on social networks Facebook, Twitter, Youtube, Instagram, Telegram and Viber.

OTP Bank took the forth place in the ranking of Ukrainian banks’ financial reliability FinScore by the analytical system of business intelligence YouControl according to 2Q2021 results, YouControl’s website has announced.

Totally both TOP-5 and TOP-10 banks in the ranking of Ukrainian banks’ financial reliability FinScore includes just the banks with foreign capital and a state Ukrainian bank.

FinScore is a scoring index of a bank’s financial reliability, which is based on 25 indicators and calculated by the analytical department of YouControl. Among the indicators used are NBU ratios and financial indicators, which comprehensively reflect the state of banks’ liquidity, capital adequacy, profitability, credit, investment and currency risks. Since the index is used primarily for the comparison with competitors in the Ukrainian market, it is not sensitive to system-wide amendments. In other words, the index reflects the financial status of a bank relatively to other players in the sector, and based on it, users can quickly make a decision about the need for further in-depth research or get ready-made information how financially stable and, accordingly, reliable a bank is.

Joint Stock Company “OTP BANK”– is one of the largest Ukrainian banks with foreign capital, a recognized leader in the country’s financial sector. The bank provides a full range of financial services for corporate, private clients and small and medium-sized business. It operates on the Ukrainian market since 1998 and has a strong reputation as a socially responsible, reliable and robust institution with financial services of European quality. The largest Hungarian OTP Bank Plc owns 100% of the bank capital.

Since 2019, OTP Bank entered the list of systematically significant Ukrainian banks that wield a substantial influence on the financial sector development.

In Ukraine, OTP Bank keeps a financial group which includes OTP Capital Asset Management Company and OTP Leasing LLC.

Follow OTP Bank news on social networks Facebook, Twitter, Youtube, Instagram, Telegram and Viber.

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