BUSINESS
PREDRAG MIHAJLOVIĆ, EXECUTIVE BOARD PRESIDENT AND CEO AT OTP BANKA SRBIJA
HIGH-END, TRUSTWORTHY
AND RELIABLE
We create value through our distinctive approach, which places the client at the centre of everything we do at OTP banka. Whether providing capital to fund growth or refinancing debt, we offer solutions that support the right capital structure to meet companies' short- and long-term financing needs
B
y working in partnership with our clients, we help provide a full range of solutions to meet their ongoing needs, including liquidity management, but also structured finance. With our regional presence in 11 countries, OTP Group helps clients grow internationally ~ says OTP banka Srbija Executive Board President and CEO Predrag Mihajlović, speaking in this CorD Magazine interview. It has been precisely a year since the merger of OTP banka and Vojvođanska banka? What are your impressions and takeaways? - I can highlight a few takeaways: integration has been done smoothly, without neglecting business targets and daily business operations. The aligning of different corporate cultures is still ongoing; this is not something that can be done with an integration date. The cultures may have differed, but focus and hard work were equally represented at both banks, resulting in the creation of not only a bigger bank, but a more efficient and better one. This is proven by our business results for both 2021 and Q1 2022. Today, OTP banka is the no.1 creditor on the Serbian market, both in retail and corporate, holding a leading position in factoring, e-commerce and leasing services, with an extensive footprint of 170 branches in 91 cities across the country. The secret of our successful merger and business results lies in the great teamwork coming from teams in Belgrade, Novi Sad and Budapest. The fact that it was mostly done during the pandemic, under quite challenging circumstances, brings additional value to our success. What would you highlight among business results?
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Financial Sector Serbia 2022