Hungary’s largest bank removed from list of international war sponsors

In recent days, during 24/7 discussions with the European Union’s External Action Service, OTP Bank has made a number of commitments regarding its future plans for the Russian market.

The National Agency for the Prevention of Corruption (NACP), fulfilling its part of the agreement, has removed the bank from the list of international supporters of the war.

The NACP expects the bank to comply immediately with the agreement reached.

As we said before, at the request of the Hungarian government, the Ukrainian anti-corruption agency has removed OTP Bank from the list of international donors to the war. With the decision, the Ukrainian side expects the Hungarian government to lift its veto on the half-a-billion euro grant, thus allowing the European Peace Facility funds to be disbursed to Ukraine.

As we wrote before, the largest Hungarian bank expanded in a surprising country, details HERE.