OTP Bank Romania continues to expand nationwide and inaugurates a new branch in Timisoara, under an innovative concept

OTP Bank Romania announces the inauguration of a new branch in the city of Timișoara, located within the ISHO real estate district, bld. Take Ionescu, no. 50-52. The new branch is developed under the regional banking service center concept, which brings together a self service area and personalized customer advice from trained bank specialists. 

The new OTP Bank investment is part of the organic development strategy, through which the bank relies on the expansion of the physical network. The center will serve all categories of retail customers, including individuals, micro-enterprises, SMEs and Private Banking customers, as well as Corporate customers.

"We see in Timișoara a sustained pace of economic activity and an important development of entrepreneurial initiative, and through this new branch that will function as a regional service center and with the help of the new team, we will consolidate and expand our local activities. Given the context in which the local banking sector is getting used to closures and reducing the number of locations, OTP Bank Romania continues to rely on the development of the branch network. Through our Apollo growth strategy, we simultaneously pursue digital and territorial development, valuing the experience of our colleagues and the business relationship that each of them builds with customers", said Roxana Hidan, Deputy CEO and Head of Retail Banking Division, OTP Bank Romania.

Within the new branch, customers may conduct self-banking activities individually, through ATMs and Self Service terminals, while the team of specialists and consultants provides personalized assistance and financial advice. The new OTP Bank unit also introduces the Meeter - Greeter concept, through which a bank representative contributes in improving the waiting time of customers for carrying out their operations.


About OTP Bank Romania

OTP Bank Romania, a subsidiary of OTP Group, is an integrated and self-financed provider of financial services. With an approach defined by responsibility, commitment and professionalism, OTP Bank Romania understands the needs of clients and the current context of the market and is a trusted partner in the provision of financial services. The bank ranks 9th in terms of assets in the ranking of banking players in Romania, as of December 2018.

OTP Group has more than 70 years of activity in the financial sector in Central and Eastern Europe, while the Romanian subsidiary has marked 16 years of presence in the local market. Promoting innovation, stable growth and integrated financial services, OTP Group has become a dominant player in the Central and Eastern European market and is considered an important banking group even on a European scale. The community of about 40 thousand employees serves nearly 19 million customers daily in 11 countries.