Tag: sándor_csányi

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Hungary's OTP completes Montenegrin acquisition

July 25, 2019, 2:49 pm
Hungary's OTP Bank announced in February that it was buying Societe Generale's unit in Montenegro, further reinforcing its market leading position in the country. The details of the EUR 35.6 million deal... 

OTP chief Csányi exercises stock option

June 18, 2019, 11:16 am
Sándor Csányi, Chairman-CEO of Hungary’s OTP Bank has excercised a stock option under the bank’s preferential share purchase programme on Monday, OTP announced on Tuesday. Csányi exercised... 

Csányi's Bonafarm to invest over EUR 300 million in Hungary

May 17, 2019, 8:24 am
Hungarian agribusiness Bonafarm, an interest of OTP Bank Chairman-CEO Sándor Csányi, plans to carry out efficiency-boosting and capacity expansion projects worth nearly 100 billion forints (EUR 308.5 mn)... 

They are the richest people in Hungary

May 9, 2019, 8:59 am
Sándor Csányi, Chairman-CEO of OTP Bank, is the richest person in Hungary with a wealth of 360 billion forints on the list of the 100 richest Hungarians compiled by business daily Napi.hu. He is followed... 

Hungary's OTP to buy one more bank in Slovenia and then take five

May 2, 2019, 3:14 pm
Hungary’s OTP plans to buy one more bank in Slovenia and then hang up the gloves for a while, Chairman-CEO Sándor Csányi told news portal index.hu in an interview published on Thursday. He said he... 

Hungary's OTP seen eyeing takover in Croatia again

April 29, 2019, 2:53 pm
Hungary’s OTP Bank may be interested in buying up to two more financial institutions in Croatia, local daily newspaper Jutarnji list reported on Monday. One of them is Addiko, while the other would... 

Hungary's OTP to buy three more banks and then it will stop - Csányi

April 12, 2019, 1:22 pm
OTP Bank, Hungary’s largest lender, is holding its annual general meeting today. Besides the usual matters there are two more interesting items on its agenda, one is dividend payment, and the other... 

Banks in Hungary lost 5 trillion forints worth of profits - Csányi

April 5, 2019, 12:13 pm
The owners of Hungarian banks earned 5,000 billion forints less in the last 32 years than how much they could have expected on the basis of international standards, and special sectoral taxes were responsible... 

OTP chief Sándor Csányi may receive partner on top of bank

March 12, 2019, 8:22 am
OTP, Hungary’s largest bank by assets, is going to hold its annual general meeting on 12 April, its invitation for the AGM showed on Tuesday. The agenda includes the amendment of the Articles of... 

Csányi sets the goal and OTP delivers

March 1, 2019, 8:49 am
Sándor Csányi, Chairman-CEO of OTP Bank, has set the goal of one billion euro annual profit last year. And Hungary’s largest lender delivered, even while paying a one-off bonus amounting to one month... 

Hungary's OTP Banks mulls entering Slovenia - Csányi

January 16, 2019, 1:53 pm
OTP has acquired the Bulgarian interest of Societe Generale at 1.0-1.5x book value. Rationalisation (i.e. the closure of branches) is about to begin there, with the goal of making OTP the first on the... 

Mészáros overtakes Csányi as richest Hungarian - Forbes

December 28, 2018, 1:18 pm
Lőrinc Mészáros, the emerging business tycoon with close ties to Prime Minister Viktor Orbán, has replaced OTP Bank president Sándor Csányi at the top of Forbes magazine's annual ranking of richest Hungarians... 

OTP chief Csányi hopes branches will become paperless and cashless soon

November 20, 2018, 1:34 pm
Hungary’s OTP Bank has opened an innovation branch in Budapest’s Árkád shopping mall where customers can experience first hand the technological novelties of the country’s largest bank... 

Hungary OTP chief's Singapore-based fund cannot stop buying OTP shares

September 26, 2018, 12:59 pm
OTP Chairman-CEO Sándor Csányi’s Singapore-based fund keeps on buying OTP shares. The last transaction by Sertorius Global Opportunities Fund was a package of 5,000 OTP shares for 49.17 million forints... 

Csányi's Singapore-based fund keeps buying OTP shares

September 25, 2018, 11:33 am
After 2016, OTP Chairman-CEO Sándor Csányi’s Singapore-based fund is piling up OTP shares again. It purchased another minor package on Monday. Sertorius Global Opportunities Fund, associated with... 

Hungary OTP could post EUR 1 bn profit this year - Csányi

September 20, 2018, 2:01 pm
Profits of Hungary’s OTP Group could reach up to one billion euros, Chairman-CEO Sándor Csányi told a conference organised by the Budapest Stock Exchange (BSE) on Thursday. He also talked about the... 

Csányi's Singapore-based fund big support for OTP

September 19, 2018, 11:13 am
After 2016, OTP Chairman-CEO Sándor Csányi’s Singapore-based fund is piling up OTP shares again. It purchased another minor package on Tuesday. Sertorius Global Opportunities Fund, associated... 

OTP chief's Singapore-based fund buys OTP shares again

September 18, 2018, 11:24 am
OTP Bank has announced on Tuesday that Sertorius Global Opportunities Fund PTE. Ltd., closely associated with OTP Chairman-CEO Sándor Csányi, has acquired more than 48,000 OTP shares in the value of HUF... 

OTP chief Csányi's Singapore-based fund buys a lot of OTP shares

September 13, 2018, 12:25 pm
OTP Bank has announced on Thursday that Sertorius Global Opportunities Fund PTE. Ltd., closely associated with OTP Chairman-CEO Sándor Csányi, has acquired over 43,000 OTP shares in the value of HUF 430... 

Csányi's Singapore-based fund buys OTP shares for over HUF 1.2 billion

June 5, 2018, 9:59 am
Singapore-based Sertorius Global Opportunities Fund, in which OTP Chairman-CEO Sándor Csányi holds an indirect interest, acquired OTP shares for over 1.2 billion forints on 31 May, Hungary’s largest... 
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