OTP banka in Serbia
In December 2005, OTP Bank from Budapest signed the Sale and Purchase Agreement for Niška banka, and in March 2006, it officially became the owner of Niška banka a.d. Niš.
The takeover of the majority block of shares of Zepter banka a.d. Belgrade was concluded in October 2006, whereas the purchase of Kulska banka was contracted in July and successfully concluded in December 2006.
Zepter banka was founded in 1992 as the first domestic bank with majority foreign capital
Kulska banka was founded in 1995 as the first private domestic bank dealing primarily with corporate clients.
Niška banka was the bank with the longest tradition in the region of Niš and wider.