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Hungary??™s OTP still committed to buy bank in Ukraine, CEO says
Journal Staff Report

BUDAPEST. Feb. 14 - OTP Bank, Hungary's biggest financial institution, is looking at new acquisition targets in Ukraine after its planned purchase of Ukrsotsbank looks to be slipping out of reach, the bank's Deputy CEO Zoltan Speder said Tuesday.

"There are still several small- and mid-sized banks up for sale, although we would have preferred setting foot in the country with the acquisition of a larger bank,??? Speder told Interfax. ???We already have specific targets in mind, but I cannot elaborate on their identity at present."




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