Tag: sándor_csányi

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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... 

OTP Board members recieve shares worth over one billion forints

May 14, 2018, 4:17 pm
Hungary’s OTP Bank has distributed 97,746 pieces of OTP shares to members of its Board of Directors. OTP’s BoD members received OTP shares as part of their remuneration: Sándor Csányi received... 

PM ally Mészáros already 2nd richest person in Hungary

May 10, 2018, 4:05 pm
The Chairman-CEO of OTP Bank remains the richest person in Hungary in 2018, as well. Sándor Csányi increased his wealth by 60 billion forints to HUF 320 bn. The Top 10 does not include any new entrants... 

Hungary OTP to continue acquisitions in 2018 - Csányi

April 13, 2018, 4:14 pm
OTP, Hungary’s largest bank by assets, has held its Annual General Meeting on Friday. Chairman-CEO Sándor Csányi assessed the bank’s 2017 performance, talked about plans for this year, and... 

Hungary OTP chief Csányi talks acquisitions

March 2, 2018, 10:51 am
Hungary’s OTP Bank has release its fourth-quarter 2017 earnings report early on Friday. Chairman-CEO Sándor Csányi has addressed the results at a press conference and also talked about acquisition... 

Mol-INA case: a solution may be closer, as Zagreb sets out to hire advisers

December 14, 2017, 10:41 am
Croatia is laying the groundwork for its plan to buy back shares in Croatian energy company INA from Hungarian fuels group Mol, inviting bids from potential advisers, Croatia’s Prime Minister announced... 

Hungary OTP chief Csányi reveals plans for Romania

October 6, 2017, 2:18 pm
OTP Bank, Hungary’s largest bank by assets, aims to boost its market share in Romania to up to 8 percent, OTP Group Chariman-CEO Sándor Csányiwas quoted as saying in a media report on Friday. ... 

Hungary will adopt the euro as late as possible, but it eventually will - Csányi

October 5, 2017, 10:42 am
Hungary may adopt the euro sooner than Prime Minister Viktor Orbán's government is willing to admit, as Europe’s renewed integration drive will pull even countries reluctant to join into the common... 

Hungary’s OTP to buy Banca Romaneasca from National Bank of Greece -sources

July 21, 2017, 12:08 pm
Hungary's OTP Bank has agreed a deal to buy Romania's Banca Romaneasca from the National Bank of Greece (NBG), two sources with knowledge of the deal told Reuters on Friday. Romanian acquisition becoming... 

Hungary's OTP has 4-5 acquistions in preparatory stage

May 5, 2017, 12:33 pm
Hungary’s OTP Bank has been looking for acquisition opportunities in the region for years, with little success. The Romanian and Croatian banks bought since the crisis did not contribute greatly... 

Hungary OTP chief maintains robust ROE target

April 12, 2017, 3:47 pm
OTP Bank, Hungary’s largest lender, has held its annual general meeting on Wednesday. The AGM approved HUF 53.2 billion dividend to be paid from the bank’s 2016 profits, which translates into... 
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