Strategy and Finance Division Investor Relations
Reference number: IR-207/2026
20 July 2026
OTP Bank Plc. announces that OTP Bank signed a share purchase agreement to acquire 100% of the shares of Luminor Holding, the parent company of Luminor Bank, operating in the Baltic region, from a consortium of private equity funds managed by Blackstone, and DNB Bank.
Luminor is a stable, strongly capitalised and significant universal banking player in the Baltics, its total assets were EUR 15.9 billion, and its profit after tax amounted to EUR 158 million in 2025.
Completion of the transaction is subject to obtaining the necessary regulatory approvals.
OTP Bank Plc.
OTP Bank Plc.
Postal address: P.O.B.: 501 Budapest H-1876 Hungary
E-mail: investor.relations@otpbank.hu Internet: https://www.otpbank.hu
Address:
Nádor street 16. Budapest H-1051 Hungary