EnglishQ1 2007, declining by 2% from the fourth quarter of 2006, when assets amounted to 2,592 billion RON, according to a press release.
Loans totaled 1,534 billion RON in the first three months, compared with 1,357 billion RON in Q4 2006. Deposits fell to 525 million RON, from 535 million RON in the fourth quarter of 2006.
OTP Garancia, OTP Group"s insurance division, reported overall written premium of 4,8 million RON in Q1 2007, up 38% from Q4 2006. Last year, overall written premium totaled 11,6 million RON, up 20% from 2005. For 2007, the bank expects a 100% rise in overall written premium.
Also, OTP Bank Romania plans to expand its branch network to 100 units, compared to 66 units in 2006. For 2010, the bank expects profit before tax to reach 70 de million EUR, up seven times from 2006, when it reported a gross profit of 10 million EUR. OTP Bank Romania aims for a 5% market share in 2010, compared to 2% in 2006.
Euro
Dolar SUA
Franc elveţian
Liră sterlină
Gram de aur
