BUDAPEST, Nov. 14 - OTP Bank, Hungary's largest bank, expects a dynamic expansion of retail loans in both Russia and Ukraine to set the pace for the Hungarian group's growth in these markets in the following years, Deputy CEO Zoltan Speder said on Tuesday.

"Retail lending growth is to be decisive in both countries in determining OTP's growth," Speder told reporters at a press conference. "For the next three years our prognosis shows huge growth, at 50% in Russia and 70% in Ukraine on an average annual level."