The Hungarian financial holding company (ticker: OTP on the Budapest Stock Exchange, GDR: OTPD on the LSE) is strengthening its international position and betting on Central Asia. In 2023, OTP acquired a controlling stake in Ipoteka Bank—one of Uzbekistan’s largest banks—gaining access to a fast-growing market with a population exceeding 36 million.
Today, OTP serves more than 13 million clients across 11 countries, including Central and Eastern Europe. As of August 2025, the group’s market capitalization reached $24.4 billion, with a net profit of $3.2 billion for 2024.
OTP’s strategy is built on active acquisitions and diversification. In recent years, the bank has acquired nine financial institutions, strengthening its presence in Bulgaria, Croatia, and Serbia.
The new growth vector is Central Asia, where Uzbekistan is emerging as a key market thanks to reforms, modernization of the financial sector, and rising demand for modern banking services.
Digitalization and sustainability remain priorities. OTP is actively investing in fintech and mobile services and is also issuing green bonds, confirming its status as an innovation leader. The expansion into Central Asia and the transaction in Uzbekistan strengthen the group’s position not only in Europe but also in one of the world’s most promising emerging markets.
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