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Bank OTP-Bank to distribute 15.6 billion rubles for dividend payments

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Bank OTP-Bank planning to distribute 15.6 billion rubles as dividends to its shareholders
Bank OTP-Bank planning to distribute 15.6 billion rubles as dividends to its shareholders

Bank OTP-Bank to distribute 15.6 billion rubles for dividend payments

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In a recent announcement, OTP Bank, one of Russia's top performing financial institutions, has decided to pay dividends for the first half of 2025. The decision was reported by Kommersant, citing the information disclosure "Interfax" feed.

The bank's strong financial performance in the first half of 2025 is a significant factor contributing to this decision. OTP Bank's clean profit for this period reached an impressive 31.2 billion rubles, marking a doubling of profits compared to the same period in 2024.

Last year, OTP Bank allocated 22.8 billion rubles for the payment of interim and final dividends. A portion of the dividend allocation for 2024, specifically 16.8 billion rubles, came from the 2024 clean profit. The potential payout amount for the dividends this year is 15.6 billion rubles, but the exact amount for the first half of 2025 has not been officially announced yet.

The entitled parties for the dividends for the first half of 2025 will be determined on a date yet to be determined. The dividends for this period will be paid on a date yet to be announced as well. Those entitled to dividends and the date of payment will be determined in accordance with the bank's dividend policy and Russian financial regulations.

It's worth noting that OTP Bank's strong financial performance in 2025, as indicated by its Q2 earnings call, could potentially lead to a dividend payout exceeding the 15.6 billion rubles paid out in 2024. The bank reported a prorated return on equity of 23.2% and a stable interest margin, with the cost-to-income ratio improving, which is positive for the bank's financial health, potentially supporting higher dividend payouts.

However, there are other factors to consider, such as the bank's tax considerations and the general banking context in Europe. OTP Bank faces special banking taxes, which could indirectly influence its dividend policy. The bank may benefit from tax deductions related to government bond transactions, but this does not directly reveal dividend information. The European Banking Authority's stress test results suggest that banks are improving their profitability, which could generally support higher dividend payouts. However, specific details about OTP Bank's dividend strategy are not mentioned in these results.

For specific details on OTP Bank's dividend payout for the first half of 2025, including the amount and payout date, you might need to consult OTP Bank's official financial reports or investor relations materials.

[1] OTP Bank Q2 2025 Earnings Call Transcript. (n.d.). Retrieved from https://www.seekingalpha.com/news/3731695-otp-bank-otpb-q2-2025-earnings-call-transcript [2] European Banking Authority. (n.d.). Stress Test Results 2025. Retrieved from https://eba.europa.eu/-/stress-test-results-2025 [3] OTP Bank Tax Considerations. (n.d.). Retrieved from https://www.otpbank.com/en/investors/tax-considerations/ [4] OTP Bank Dividend Policy. (n.d.). Retrieved from https://www.otpbank.com/en/investors/dividends/ [5] Russian Financial Regulations. (n.d.). Retrieved from https://www.cbr.ru/eng/statistics/finreg/index.asp

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