OTP Bank (Moldova)
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OTP Bank (Moldova)
Present on the local market since 4 July 1990, bank was founded on the initiative of few entrepreneurs with professional experience in the financial and banking field, which set up an independent bank, oriented towards serving the SME sector. In 2007, the majority shareholder of the bank became Groupe Société Générale, which contributed to the development of the product portfolio and the growth of performance indicators for twelve years, consolidating a professional team and reaching the top position in the financial system of the country. On July 25, 2019, OTP Bank Nyrt has acquired the majority stake 96.69% held by Groupe Société Générale held in BC "Mobiasbanca - Groupe Société Générale" S.A. The new official name of the bank is OTP Bank. History Main historical milestones: *1990, July 4 – was set up as an independent bank with the legal status of Limited Liability Company *1995 – One of the first bank allowed on the securities' market *1996 – One of the fir ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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