OTP Bank’s Ratings Affirmed; Outlook Revised to Stable

2 October 2026

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of OTP Bank (OTP or the Bank) at ‘BBB’ and ‘A2’, respectively. At the same time, CI Ratings has affirmed OTP’s Bank Standalone Rating (BSR) of ‘bbb’, Core Financial Strength (CFS) rating of ‘bbb+’ and Extraordinary Support Level (ESL) of Uncertain. The Outlook on the LT FCR and BSR has been revised to Stable (from Negative).

The Bank’s LT FCR is set at the same level as the BSR, as it is uncertain whether extraordinary support would be forthcoming in the event of need, given the EU’s Bank Recovery and Resolution Directive, which was transposed into national law in Hungary in 2014, and given the absence of a private strategic shareholder with a significant holding. OTP is Hungary’s largest domestic systemically important bank.

The revision of the Outlook to…