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Otp's New Ceo Has Been Unusually Open About Criticizing the Government's Economic Policy

Summary by telex.hu
According to Péter Csányi, it would also be a surprise if economic growth of 0.8 percent were achieved.

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According to Péter Csányi, it would also be a surprise if economic growth of 0.8 percent were achieved.

Hungary, whose economy has been in recession since the pandemic, has now “disconnected” from Eastern Europe, said Péter Csányi, CEO of OTP, according to a report by Bloomberg news agency. According to the Portfolió news review, the banker believes that it would be “a minor surprise” if economic growth reached 0.8 percent this year, i.e. the value in line with the National Bank’s latest forecast. Csányi also criticized the Orbán government’s econ…

·Budapest, Hungary
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According to Péter Csányi, CEO of OTP, unpredictable economic policy has shaken investor confidence and it is time to introduce the euro. According to Péter Csányi, the Hungarian ... ...

The new CEO was unusually harshly critical of the government's economic policies.

According to Péter Csányi, they may announce the acquisition of a new bank this year.

·Hungary
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Péter Csányi, the new CEO of OTP Bank, urged the introduction of the euro and the elimination of the ad hoc economic policies that have characterized the government of Prime Minister Viktor Orbán, speaking to journalists. According to a Bloomberg report, the banker believes that Hungarian economic policies have shaken investor confidence and damaged market valuations. He indicated that he hopes that OTP will be able to announce another bank acqu…

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Portfolio.hu broke the news in on Thursday, July 17, 2025.
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