OTP Bank buys the state's shares in Ipoteka Bank for USD 324 million in two steps; 73.71% transferred in the first

Announced: 12 December 2022. Acquisition of control. Stake: 73.71%. Value: $324.0m.

• Target: Ipoteka bank JSC
• Acquirer: OTP Bank Plc
• State seller: Ministry of Economy and Finance of the Republic of Uzbekistan