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“For new transactions, we must wait to raise more capital”
Sandor Csanyi, OTP |
Hungary’s OTP Bank, the only bank in central and eastern Europe to entertain genuine regional ambitions, is turning its attention to Austria as it eyes up the possible purchase of troubled bank Bawag.
“We do not know yet if we are interested,” says OTP chief executive Sandor Csanyi. “But we think that our experience could be very useful.” Austrian trade union federation OeGB is selling the bank after it recorded...
