Number of posts : 5759
Birthday : 1952-04-20
Age : 67
Reputation : 0
Points : 21422
Registration date : 2007-04-25
|Subject: SPONSORING Wed Mar 13, 2019 7:03 pm|| |
OTP Group as a dominant banking player in Hungary and the Central and Eastern European region provides high quality financial services for its more than 18,5 million private and corporate clients in nine countries through its almost 1500 branches, agent networks, 3900 ATMs, internet and electronic channels.
Since its 1949 founding, the company has developed to a universal financial service provider banking group.
In 1990, the National Savings Bank became a public company with a share capital of HUF 23 billion. Its name was changed to the National Savings and Commercial Bank. Subsequently, non-banking activities were separated from the bank, along with their supporting organizational units.
OTP Bank’s privatization began in 1995. As a result of 3 public offers along with the introduction of the bank’s shares into the Budapest Stock Exchange. Currently the bank is characterized by dispersed ownership of mostly private and institutional (financial) investors.
OTP Bank has completed several successful acquisitions in the past years, becoming a key player in the region. Besides Hungary, OTP Group currently operates in 8 countries of the region via its subsidiaries: in Bulgaria (DSK Bank, Expressbank), in Croatia (OTP banka Hrvatska), in Romania (OTP Bank Romania), in Serbia (OTP banka Srbija, Vojvodjanska banka), in Slovakia (OTP Banka Slovensko), in Ukraine (CJSC OTP Bank), in Montenegro (Crnogorska komercijalna banka) and in Russia (OAO OTP Bank).
The continued development and expansion of OTP Bank have significantly contributed to the successful and efficient operation of the banking group, which can provide high quality services for both the retail and the institutional clients. Despite the intense competition OTP Bank market position is stable in several segments, as well as in terms of profitability and stability the bank belongs to the European frontline.
Online Business Technologies. We are an innovative IT development company specialized in banking technology since 1989. We provide a wide spectrum of highly flexible solutions necessary for banks to go digital, including modules to join FinTech ecosystems (e.g. PSD2, open APIs, instant payments), e-channel solutions, and state-of-the-art core banking modules to support front- and back-office operations (including account management, credits, deposit, GL etc.) Our modules can be combined freely, we are able to deliver a standalone solution for a specific task (e.g. PSD2), or a series of modules covering the complete value chain (e.g. credit processes). IBEC is an international development institution aimed at promoting the growth of export potential of the Bank’s member states and contributing to the development of their economies. IBEC has a unique, among the multilateral banks, settlement function and its business profile focuses on the development of trade financing both off-balance and target, aiming at supporting export-import operations of member states, including third countries, as well as settlement and treasury transactions.
Capsys Informatics Ltd., established in 1998, is a Hungary based independent software and services company delivering expert consultancy and IT solutions for capital markets and banks in 15 countries ranging from North Africa through EU to Russia and the Central and Eastern European countries. As a private company Capsys is still owned by its founders who are former executives of financial services companies. This fact has determines the business philosophy of Capsys and put us in a somewhat unique position within the IT industry: we have a very strong business focus and expertise, supported by excellent IT experts of software development and implementation. This dual role enables Capsys to bridge the gap of understanding between business and IT areas, and to provide essential resources to ensure the success of each project.
At present the staff of over 100 in the Budapest head office and 7 in the Moscow office are supplemented by commercial representatives in London and Montreal.
Capsys is proud of being a part of the digital and payment transformation two large Hungarian banks, OTP Bank and the Takarek Group.