Awards for Excellence 2008: Hungary

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Awards for Excellence 2008: Hungary

Best bank:
OTP Bank

Best debt house:
BNP Paribas

Best equity house:
KBC Securities

Despite a challenging political and economic environment in Hungary, OTP Bank continues to perform well, registering a net profit of Ft141.7 billion ($907.5 million) in 2007, up more than 11% on 2006. OTP dominates all segments of the Hungarian banking market, accounting for more than 50% of municipal loans and deposits, more than 30% of retail deposits and loans as well as 10% of the corporate segment. With more than 400 branches, it is by far the largest retail bank in Hungary, with almost 4.6

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