The Right to Education Foundation will participate, for the third consecutive year, in Global Money Week (GMW), an initiative dedicated to raising awareness of the importance of financial and entrepreneurial education and to encouraging financial responsibility among children and teenagers.

OTP Bank Romania has published its PSD2 (Directive (UE) 2015/2366) compliant API Sandbox to accelerate innovation by working with external providers. 

The APIs are available in a test environment which contains dummy data, thus allowing the developers to explore the APIs potential in their applications.

Bucharest, March 13th, 2019 – OTP Bank Romania has signed two new conventions with the National Credit Guarantee Fund for SMEs (FNGCIMM), whereby the two institutions aim to improve the access of Romanian farmers to financing suitable for their needs. The working conventions for granting guarantees on the basis of the eligibility criteria set out in Ordinance no. 43/2013 for the development and support of family farms and for facilitating the farmers’ access to financing represents a new step in the partnership between OTP Bank Romania and FNGCIMM for the rejuvenation and development of the Romanian agricultural sector.

Bucharest, March 6th, 2019 – In 2018, OTP Bank Romania, subsidiary of OTP Bank, the largest independent banking group in Central and Eastern Europe, recorded a significant increase in the volume of corporate finance in real estate sector by 43.8%, compared to 2017. The evolution was due to the increased appetite of real estate developers, especially for office buildings, which resulted in an increased demand for financing in the real estate industry.