Business
OTP Bank : signed agreement to acquire Luminor Bank
OTP Bank : signed agreement to acquire Luminor
About this update from Otp Bank Nyrt
Strategy and Finance Division Investor Relations Reference number: IR-207/2026 20 July 2026 Extraordinary announcement OTP Bank signed agreement to acquire Luminor Bank 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: [email protected] Internet: https://www.otpbank.hu Address: Nádor street 16. Budapest H-1051 Hungary