OTP Group allowed a complete exit from the Russian market.
The Hungarian OTP Group, due to limitations in receiving dividends from its Russian subsidiary (OTP Bank), is changing its strategy regarding it, allowing a complete exit from the Russian market, the group's report states. "In light of the strategic interest in the Baltic states and the restrictions on receiving additional dividends from Russia in the past year, it began to examine its strategy regarding the Russian division, including the possibility of a complete exit from Russia.