When Laszlo Wolf joined OTP in 1993, the bank was controlled by the Hungarian state and undergoing a painful restructuring to prepare it for life in the private sector. Twenty-five years on, it has a balance sheet of more than €10 billion and a banking network that stretches from Russia to the Balkans.
|
|
So how did a state-run Hungarian savings bank become a regional powerhouse? Wolf says a big factor in the group’s success was its early focus on technology.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
