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Article

2 Oct 2023

NAPC

Ukraine: Govt. excludes OTP Bank from list of intl. war sponsors after discussions with co. & its commitments regarding future plans in Russia

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The NACP excludes OTP Bank from the list of International Sponsors of War, 3 October 2023

During the discussions that lasted for the last few days 24/7 with the participation of the EU External Action Service, OTP Bank made a number of commitments regarding its future plans for the Russian market.

The National Agency on Corruption Prevention (NACP), fulfilling its part of the agreement, removed the bank from the list of International Sponsors of War.

The NACP expects the Bank to honour the understanding reached, without delay.

Part of the following timelines

Ukraine invasion: Banks & financial institutions seek to cut ties with Russia

Ukraine: Govt. adds 47 intl. companies to list of war sponsors due to their continued operations in Russia

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