S&P Global Ratings changed the outlook on Ipoteka bank OTP Group’s rating from “Stable” to “Positive,” confirming the rating at BB-/B
Posted by: 3 june, 2025
On 28 May 2025, S&P Global Ratings revised its outlook on the credit rating for Ipoteka bank OTP Group from “Stable” to “Positive” and affirmed the bank’s long- and short-term ratings at BB-/B. This decision reflects the bank’s strong position in the retail lending segment and its stable financial performance.
Ipoteka bank OTP Group ranks among the five largest banks in Uzbekistan, holding over a 6 % share of the market by total assets, and retains a leading position in the retail services market. According to S&P Global Ratings analysts, the bank’s risk-adjusted capital (RAC) ratio could reach 11 % by the end of 2025.
Integration into the OTP Group is an advantage for Ipoteka bank OTP Group, providing access to high corporate governance standards and enhancements to its risk management framework. These improvements will strengthen the bank’s competitive position and increase brand recognition.
