Central bank approves purchase of Mobiasbancs's control stock

The board of the National Bank of Moldova today approved the purchase by Hungary OTP Bank Nyrt. of the controlling interest (more than 50 % of shares) in the commercial bank Mobiasbancă, currently part of the Groupe Société Générale, reports IPN.

OTP Bank Nyrt. is a universal bank based in Budapest, listed on national and international stock exchanges. It’s a parent bank of a financial group, called the OTP Group, which comprises other banks and financial institutions and has a vast network in Europe.

Among OTP Bank Nyrt.’s goals  for Moldova is to update the products and services for
depositors and investors and to ensure a transparent and efficient corporate governance.