Once again from Societe Generale.
Hungarian lender enters new market.
OTP wants to be first in every aspect in Bulgaria.
Integration process to be completed in 2020.
Banks keep going up for sale.
Sale of Expressbank by SocGen approved by Bulgarian central bank.
Share price shoots up.
Within the next year, Bencsik says.
That's way more than what analysts expect.
Both Mammut 1 and Mammut 2 are sold.
OTP enters a new market, becomes market leader in another.
The seller is SocGen.
PPF Group now holds full control over Telenor operations in Bulgaria, Hungary, Montenegro, and Serbia.
Last year's record profit will not be repeated this year.
As part of its ongoing expansion.
Contract terminated after central bank blockage.
Reasons are confidential.
OTP eyes new markets.
Expansion, however, is on the agenda.