OTP Bank Plc. will increase the registered capital of Investberbank by RUB 4.214 billion (approximately USD 170 million, depending on the actual exchange rate developments) in the near future. According to the current plans during this year OTP Bank Plc. intends to provide almost USD 1 billion to the refinancing of the Russian bank market expansion. In line with its earlier announced strategy, Investsberbank aims to qualify among the top 25 banks in Russia as for total assets, and to achieve low single digit retail banking market share.

OTP Bank Plc. reconfirms that it considers the Russian market significant and so in addition to organic development, it wishes to strengthen its positions by further acquisitions.