The restructuring of the Bank and of the entire OTP banka Group into modern and profitable financial institutions is an important challenge to be addressed by OTP banka's Management Board in the coming period.
The restructuring of the Bank and the Group is one of the most demanding challenges in the history of OTP banka that will require full engagement of all internal and external stakeholders of the Bank and the Group. OTP banka has been and remains a reliable and stable institution. Lately, there have been some negative statements released regarding the operations of OTP banka. The Bank will carefully examine these statements and will seriously consider all the possibilities to take legal actions. The statements which are not supported by evidence may cause damage to the reputation and stability of the Bank, particularly in relation to its shareholders and business partners.
Contrary to the statements in some media, the Management Board of the Bank is determined to identify any possible irregularities in the Bank. To that effect, the Management Board has already requested a special audit review to be carried out of the operations of the Bank and its subsidiaries. Following the findings of this audit review, the Management Board will assess the responsibility of individuals and, if necessary, adopt measures to protect the interests of the Bank.
The intention to carry out an audit of the Bank and some of its subsidiaries has been clearly and unambiguously expressed several times by Aleš Hauc, the new President of OTP banka's Management Board. The drafting of the audit programme will be finished soon, after which it will be discussed by the Bank's Supervisory Board.
The Banking Act forbids the Bank to disclose any information about its customers that are considered confidential. Therefore, the Management Board cannot comment on the statements concerning individual customers of the Bank, even if these statements related to some subsidiaries of OTP banka that have recently been discussed extensively in the media.
The Management Board of the Bank will inform its shareholders and the public on all activities undertaken in this regard in accordance with the applicable legislation and regulations.
Disclaimer: All announcements in English language are for information purposes only!
Management Board of OTP banka d.d.
