OTP Bank Romania signed the agreement with the Agency for Payments and Intervention in Agriculture (APIA) to support the beneficiaries of the Single Area Payment Scheme (SAPS), through which the eligible recipients can get up to 80% of the value of the calculated amount, according to the certificate issued by APIA, for carrying out current activities.

• RON 22.5 million (HUF 1.5 billion) after tax profit in 1Q 2018;
• Performing loan volumes increased by 12% y-o-y supported by robust consumer and SME lending;

• Unique product on the banking market in Romania: pre-financing for two years, up to 160%, double of APIA SAPS subsidy, based on the certificate issued by APIA;
• Financing payments due from the Single Area Payment Scheme - SAPS, redistributive payment, payment for greening and rural development compensatory measures;
• Customized refund chart and flexible warranty structure.

• OTP Bank Romania’s after-tax profit reached RON 44.85 million (EUR 9.8 million) in 2017, an increase of 88% compared to 2016;
• The operating profit surged by 12% y-o-y, due to higher total income;
• FX-adjusted loan portfolio grew by 8% in 2017, supported by consumer and corporate segments.