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OTP Bank Hungary expects to receive EUR 200 mln from EBRD

OTP Bank Hungary expects to receive EUR 200 mln from EBRD

8 April 2009

The Chairman of the Administration of OTP Bank Ukraine Dmitriy Zinkov said yesterday at a press conference in Kyiv that he expects his bank’s Hungarian parent company to receive a subordinated loan of no less than EUR 200 mln. Zinkov said that negotiations were ongoing and that an agreement could be ready for approval by the EBRD’s directors when they meet in mid-May.

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