OTP banka on the path of “green transition” – Generator Zero launched

Foto: New Media Team

After the successful completion of the most complex banking integration in this area, OTP banka Srbija presented the business results that marked 2021 and positioned it as the leading financial institution in the domestic market in numerous segments. OTP banka is the leading creditor of the economy and households and the market leader in factoring and leasing services, and in the following period it will continue the process of intensive digitalization and introduction of innovations. One of the key strategic directions will be marked by the “green transition” in business, ie commitment to sustainable business and environmental sustainability, which is confirmed by the theme of the new Generator Zero entrepreneurial competition, which was officially opened today.

“OTP banka has started the path of green transition with great strides, as evidenced by the numerous green initiatives we have launched. We are proud of the fact that our bank uses only green energy, which is confirmed by the green certificate of EPS, while our central building uses its own solar panels. We also want to encourage our clients to be environmentally responsible through the offer of new green banking products that we are intensively developing and which will include financial, expert and advisory support. We confirm this through the new call of the Generator Zero project, which we are opening today for all projects and solutions that aim to reduce the carbon footprint. We also receive support for the green strategy from the parent OTP Group, which has signed the United Nations Principles for Responsible Banking for all member banks, which is a unique framework for sustainable business in this sector, developed through partnerships between banks around the world and the Environmental Financial Initiative Program. UN. Thus, we have joined the world’s largest banking community focused on sustainable financing, “said Predrag Mihajlovic, President of the Executive Board and CEO of OTP Bank.

Generator Zero is dedicated to supporting and rewarding innovative projects that represent sustainable solutions with a realistic and measurable impact on reducing carbon footprint, as one of the biggest challenges of today. The competition is open today for micro, small, medium enterprises, startup companies, startup informal teams and entrepreneurs, it is open until December 20, 2021, for more information see here.

OTP banka’s award for the winning solution is a sum of two million dinars, as well as long-term expert support in the field of business expansion and finding new development opportunities.

Foto: New Media Team

The importance of the Generator has been recognized by numerous partners: Mastercard, Schneider Electric, Bosch, ICT HUB, Serbia Innovates, Digital Serbia Initiative, Netocracy and BOS – Belgrade Open School, as well as OTP Lab innovation hub OTP Group and investment fund Portfolio. For the best finalists, the project partners also provide a number of valuable prizes.

Member of the Executive Board for Finance Branimir Spasić presented the financial results and pointed out that OTP banka today ranks first in the market in terms of lending to businesses and households with a total of EUR 3.9 billion in loans, with EUR 5.3 billion in assets and a net profit of EUR 54 million. third quarter of this year, an increase of 100 percent compared to the same period last year.

Vuk Kosovac, a member of the Executive Board for Retail, reminded that OTP banka is a pioneer in digitalization and introduction of innovations on the Serbian banking market.

“Customer satisfaction is our most important priority, and as a true partner, we plan to be even stronger in the future. We will be with them and always look for the opportunity to bring the best solutions from the region and the world for their needs. In order not only to react to changes in customer habits, but also to direct them towards new and more practical solutions, the clients of the new OTP bank have at their disposal numerous, state-of-the-art ways of managing personal finances. “

OTP also received recognition from the global magazine Global Finance New York for the best bank for small and medium enterprises and for private banking in Central and Eastern Europe, as well as for the best financial laboratory for innovation in the world.

Source: New Media Team

Source: Energetski portal Srbije by www.energetskiportal.rs.

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