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OTP Board members recieve shares worth over one billion forints

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Hungary’s OTP Bank has distributed 97,746 pieces of OTP shares to members of its Board of Directors.
OTP’s BoD members received OTP shares as part of their remuneration:
  • Sándor Csányi received 12,000 shares (the market value of which is HUF 134.4 million),
  • Antal Kovács received 8,946 shares (market value: HUF 100.2 mn)
  • László Wolf, Antal Pongrácz, István Gresa, Mihály Baumstark, Tibor Bíró, Tamás Erdei, László Utassy, József Vörös received 9,600 shares each (market value: HUF 107.5 mn).
  • The market value of the 97,746 OTP shares is HUF 1.1 billion.


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