OTP Banka Strengthens Status of Leading Croatian Custodian Bank

Lauren Simmonds

October the 8th, 2020 – OTP banka has won the title of the best Croatian custodian bank once again, earning an enviably high rating from satisfied clients and no doubt boosting the bank’s already high level of respect.

When it comes to banks in Croatia, there are many options. For those who don’t want a Croatian bank account for whatever reason now also have the option of companies like Revolut and Transferwise as opposed to having to use foreign accounts which incur additional charges for use abroad. OTP banka, however, has consistently earned high ratings among both regular clients and business ones alike.

As Novac/Jozo Vrdoljak writes on the or the fifth year in a row, the well respected Global Investor / ISF magazine has proclaimed the already popular OTP banka d.d. the best Croatian custodian bank in the category of unweighted ratings according to the opinions of clients, who gave it an extremely high rating of 6.73.

It was necessary for this Croatian custodian bank to meet more than ten demanding criteria, including the provision of settlement services and corporate actions, the quality of reporting on market events, including regulatory changes, and the quality of business relationships, which is one of the most important but also the most difficult points of service for banks to meet.

The Republic of Croatia’s OTP banka thus won the highest unweighted ratings as judged by the size of its clients’ assets.

“This high rating confirms that clients, despite these challenging times, still consider OTP banka to be one of the best providers of care and protection for clients’ assets,” read a statement from the aformentioned winning Croatian custodian bank, OTP banka.

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