Investor Presentaiton
Acquisitions completed in the last few years materially improved OTP's positions in many countries. The financial closure
of the Slovenian Nova KBM and Albanian acquisitions are expected to be completed in 2Q 2022
Target
(seller, date of closing)
Net loan volumes
(in HUF billion)
Market share in total assets
(before/after acquisition1, %)
Book value
(in EUR million)
Splitska banka, Croatia
2017
(Nov 18)
631
4.8
11.2
(4Q 16)
496
(SocGen, 2Q 2017)
Vojvodjanska banka, Serbia
(1Q 19)
266
1.5
5.7
(3Q 17) 174
(NBG, 4Q 2017)
SocGen Expressbank, Bulgaria
(1Q 19)
774
14.0
19.9
(4Q 18)
421
(SocGen, 1Q 2019)
SocGen Albania
(1Q 19)
124
6.0
(4Q 18)
58
50
(SocGen, 1Q 2019)
SocGen Moldova
(3Q 19)
102
14.0
(4Q 18)
86
98
2019
(SocGen, 3Q 2019)
SocGen Montenegro
(SocGen, 3Q 2019)
(3Q 19)
126
17.6
30.4
(4Q 18)
99
66
SocGen Serbia
(SocGen, 3Q 2019)
(3Q 19)
716
5.3
13.7
(4Q 18)
381
SKB Banka, Slovenia
(4Q 19)
827
8.5
(4Q 18)
356
(SocGen, 4Q 2019)
|Alpha Bank SH.A., Albania
I
(Alpha Int. Holdings, closing exp. in 2Q '22)
(4Q 20) 99
6.2
10.9
(4Q 20)
73
2021
Nova KBM, Slovenia
I
(Apollo Global and EBRD, closing exp. in 2Q '22) (4Q 20)
Ipoteka Bank, Uzbekistan
1,633
8.2
28.7
(4Q 20)
992
I
I
|
I
(Uzbek State, put on holdĀ²)
Acquisitions total:
(4Q 20)
690
8.3
(4Q 20)
314
5,988
3,417
1 Reference date of market share data: Croatia: 2Q 2017, Serbia - Vojvodjanska 4Q 2016, Bulgaria: 1Q 2019,
Albania - SocGen: 4Q 2018, Serbia - SocGen 2Q 2019, Moldova: 2Q 2019, Montenegro: 2Q 2019, SKB Slovenia: 4Q 2018,
Nova KBM Slovenia: 4Q 2020, Ipoteka Uzbekistan: 3Q 2021, Albania - Alpha: 3Q 2021. 2 On 29 September 2021 OTP Bank
signed a non-binding Memorandum of Agreement regarding the potential acquisition of the majority stake of Ipoteka Bank.
Cotpbank
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