Should I choose OTP Bank? Reviews about his work

In 2006, OTP Bank was acquired by RaiffeisenBank Ukraine ", which at that time was the leader of the financial sector of Ukraine and was founded as a bank with foreign capital. After the fall of 2006, it was renamed into OTP Bank, whose reviews are very different today.

At the time of sale, Raiffeisen Bank was oneof the largest Ukrainian banks and served more than one hundred thousand customers, provided basic banking services to corporate as well as private customers, representatives of small and medium-sized businesses. He occupied the sixth place among the banks of the country in terms of assets and capital, and the fifth place - in the issuance of loans. The branch network of this bank numbered about 40 institutions located throughout Ukraine, and the number of personnel was more than 1500 people.

Since its inception, this bank has beenleading place in the corporate business. OTP Bank, whose comments are both positive and negative, proved to be an innovative bank, as one of the first to offer such services as project financing, structured trade financing, and many others.

The head office of the bank is located in Kiev andhas 92 branches, which are located in 50 cities of the country. All branches are equipped with ATMs. In addition, this bank has a signed agreement with PJSC "Prominvestbank". This allows you to receive cash at ATMs of Prominvestbank, paying the same commission as when using OTP Bank's ATMs.

If we evaluate the functioning of this bankingstructure, then OTP Bank (the reviews confirm this), provides qualified services, taking into account the specifics of the business of its customers. Particular attention is paid to structured trade finance, as well as project financing with syndicated loans.

For the development of small businesses, this bank is activeexpands the network of branches, and also increases the range of provided banking services for individuals. This bank practices the use of modern technologies for optimal customer service, offers telephone and mobile as well as Internet banking.

What else can you say about the establishment of OTP Bank? The reviews define it as a universal bank, which is the leading structure of the Hungarian financial group, consisting of many large subsidiaries. They provide insurance, real estate and factoring services, as well as leasing and management of pension and investment funds. OTP Bank owns subsidiaries in Bulgaria, Russia, Slovakia, Montenegro, Croatia and Romania, and the total number of banking institutions that are part of the OTP Group and provide quality customer service is more than 1000.

However, the establishment of the Bank of the OTP reviews frequentlyThey contain information about the poor quality of SMS-information, which reduces its reputation among customers. It should be noted that to monitor the status of their accounts, receive all the necessary extracts and specify the details for payment, you can use the free service "OTP-direct."

In addition, frequent customer complaints arethat they are credited with the credit debt, which has long been paid. About this situation, one can say only one thing: after making the last amount of debt, it is necessary to make sure that the loan agreement is actually canceled. To do this, it is better to contact the specialized department of the bank, which is able to provide comprehensive information about the debt.

Despite the excellent characteristics of TNAsBank, among its customers, it is not always appreciated, so many are trying to find other banks, whose reviews are highlighted in a more positive light.