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Moody's Changes Outlook on OTP Bank Nyrt to Positive Amid Takeover of Luminor Bank
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12:00 AM EDT, 07/24/2026 (MT Newswires) -- Moody's revised its outlook on OTP Bank Nyrt (OTP.F, OTP.BD) to positive from stable, citing potential benefits from the bank's planned acquisition of Baltic lender Luminor Bank. The rating agency said Thursday the transaction is expected to improve the Hungary-based lender's risk profile and financial performance. The deal involves the purchase of Luminor Holding, the parent company of Luminor Bank. Moody's also affirmed the Baa1/P-2 long- and short-term local and foreign currency deposit ratings of OTP, as the acquisition is projected to boost the bank's assets upon expected completion in 2027.
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