OTP has given for the Rostov bank more than three its capitals.
Hungarian OTP Bank reported about acquisition of the Don People’s Bank (DPB) in Rostov Oblast for $40,9 mln. At the same time the ratio of the transaction amount to the own capital turned out to be higher than of the “St.Petersburg” Bank that had been quartered recently. Experts consider that the foreign investors’ interest to small banks is determined not only by availability of regional business but also by small banks’ independence from the external capital sources.