News and events

Fiscal risks are still significant and further measures are needed to bring the budget deficit in line with the 3% target by 2025. According to OTP Bank analysts, the local economy experienced weaker growth in 2023 than previously anticipated. Nevertheless, some lights are visible at the end of the tunnel: after expanding by 1.5% in 2023, 2024 growth could be close to 3%. The outlook for this year is mostly influenced by the recovery in consumption due to higher real wages, the pace of construction activity and developments in the euro area.

OTP Bank Romania reports sustained growth in digital banking services in 2023, showcasing record performances in online sales and significant improvements in the digital experience for individual clients. Consequently, it has been a milestone year, highlighting a crucial chapter in the bank's evolution within an ever-evolving banking industry.

OTP Bank Romania introduces a new loan offer for its customers: the fixed-rate mortgage loan, from 5.79% in the first three years, thus improving the range of banking products available and responding to the diverse needs of its customers. This option is a tailored financial solution for those who want stability and predictability in their medium-term budget planning.

Bucharest, February 6th, 2024 – OTP Bank Romania starts the year by supporting the youth segment with two dedicated initiatives, the OTP Lejer Package for youngs, and the campaign "Use smart your OTP Bank card and you could win a smart EQ fortwo car!".