Hungary's OTP denies bidding for BAWAG units

19.12.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

Hungary's OTP Bank denied on Monday that it filed an offer for the Slovak and Czech units of Austrian bank BAWAG P.S.K., it said on...

...Wednesday.

"OTP Bank is not taking part in the selling process of the Czech and Slovakian subsidiary banks of BAWAG," OTP said in a statement.

According to a report by Austrian daily newspaper WirtschaftsBlatt, OTP was among five banks that filed offers for the two banks on sale. (Reporting by Sandor Peto, editing by Will Waterman)

Keywords: HUNGARY OTP/

[BUDAPEST/Reuters/Finance.cz]

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