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OTP Bank Expands Baltic Presence with Luminor Acquisition

Hungary's OTP Bank has announced its intention to acquire Luminor, one of the largest banks in the Baltic states, marking a significant expansion for OTP Group in the region. New reports confirm the agreement, also noting OTP Bank's operations in Russia.

21 Jul, 04:56 — 21 Jul, 04:56
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err-newsMostly Factual2d ago

Hungary's OTP Bank to buy Luminor

OTP Bank has signed an agreement to acquire Luminor, the third-largest banking group in the Baltic region, as it looks to expand its presence in the region.

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Coverage Timeline

First report: Yahoo · 20 Jul, 11:46Full coverage: 5 · 1d 5hWindow: 1d 5h
Left-leaningCenterRight-leaning
Yahoo20 Jul, 11:46First to report

Isracard abandons Esh Bank acquisition plan

6h later
telex20 Jul, 17:53

Balti bankot vesz az OTP

2h later
lsm-lv20 Jul, 20:17

Latvijas vienu no lielākajām bankām «Luminor» pērk Ungārijas «OTP Group»

9h later
err-news21 Jul, 04:56

Hungary's OTP Bank to buy Luminor

12h later
delfi-lt21 Jul, 16:47Latest update

OTP Bank perka Luminor ir veikia Rusijoje

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