Where is OTP Bank located?

OTP Bank is headquartered in Budapest, Hungary.

How many employees does OTP Bank have?

As of Aug 31, 2026, the latest employee count at OTP Bank is 7077.

Where does OTP Bank rank among its competitors?

OTP Bank ranks 2nd amongst 25 active competitors, only 1 of which is funded. Scotiabank, which secured $30.9M in Jan, 2025.

Who are the top competitors of OTP Bank?

OTP Bank's top competitors include Scotiabank, UniCredit and K&H Group. Among them, Scotiabank secured the most recent funding round in January, 2025.

OTP Bank - 2026 Company Profile & Competitors

OTP Bank is a public company based in Budapest (Hungary), founded in 1949. It operates as a Commercial bank. The company has 25 active competitors, including 1 funded and 8 that have exited. Its top competitors include companies like Scotiabank, UniCredit and K&H Group.

Company Details

OTP Bank is a commercial bank. They provide banking & financial services such as loans, bank accounts, credit cards, insurance, and wealth management. The company has operations in Central and Eastern Europe. In 2022, the company recorded annual revenues of $7B and a net profit of $1B.

Website: www.otpbank.hu/portal/hu/maganszemelyek
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Phone Number: +36 **********

Key Metrics

Founded Year

1949

Location

Budapest, Hungary

Stage

Public

Ranked

2^nd among 25 active competitors

Employee Count

7,077 as on Aug 31, 2026

Investment & Acquisitions

Renalfa & 11 more

Similar Companies

Standard Chartered & 20420 more

Exit Details

Public

View OTP Bank's full profile

OTP Bank got listed on Jan 01, 2003.

Click here to take a look at OTP Bank's IPO in detail

OTP Bank has not raised any funding rounds yet.

OTP Bank's employee count trend

OTP Bank has 7,077 employees as of Aug 26. Here is OTP Bank's employee count trend over the years:

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Top competitors of OTP Bank include Scotiabank, UniCredit and K&H Group. Here is the list of Top 10 competitors of OTP Bank, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Seaside Private Capital, Colpatria	70/100
2nd	OTP Bank 1949, Budapest (Hungary), Public	Commercial bank	-	-	68/100
3rd	UniCredit 1998, Milan (Italy), Public	Commercial bank	-	B Capital Fund, Mubadala & 3 others	65/100
4th	K&H Group 1987, Budapest (Hungary), Acquired	Commercial bank	-	-	51/100
5th	Korea Development Bank Europe 1989, Budapest (Hungary), Unfunded	Commercial bank	-	-	48/100
6th	Erste Bank Hungary 1997, Budapest (Hungary), Funding Raised	Commercial bank	-	EBRD, Europa	45/100
7th	OTP Group 1949, Budapest (Hungary), Acquired	Commercial bank	-	-	41/100
8th	CIB Bank 1979, Budapest (Hungary), Unfunded	Commercial Bank	-	-	40/100
9th	MagNet Bank 1995, Budapest (Hungary), Unfunded	Commercial Bank	-	-	38/100
10th	Raiffeisen Bank 1987, Budapest (Hungary), Unfunded	Commercial Bank	-	-	38/100

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OTP Bank has made 4 investments in companies including Renalfa and Iulius Company. OTP Bank has also acquired 8 companies including Ipoteka Bank and Alpha Bank.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 24, 2025	Investments	Renalfa	2018	Sofia (Bulgaria)
Dec 12, 2022	Acquisition	Ipoteka Bank	1996	Tashkent (Uzbekistan)
Sep 14, 2022	Investments	Iulius Company	1991	Timisoara (Romania)