Established in 1949, it was the only retail bank until 1987. The largest universal bank of Hungary, a major financial service provider in Central and Eastern Europe. OTP Group gained foothold in 11 countries in the CEE/CIS region. Strategically important domestic subsidiaries of the bank are: OTP Mortgage Bank, Merkantil Group, OTP Real Estate Ltd., OTP Lakástakarék, OTP Factoring Ltd. and OTP Fund Management Ltd. The main ownership interests in the region are held in OTP banka d.d. (Croatia), OTP Bank România S.A. (Romania), DSK Bank EAD (Bulgaria), Vojvodanska banka a.d. (Serbia), Banka OTP Albania SHA (Albania), JSC OTP Bank (Ukraine), JSC OTP Bank (Russia), Crnogorska komercijalna banka AD (Montenegro), Mobiasbanca - OTP Group S.A.(Moldova), OTP banka Srbija AD Beograd (Serbia), SKB banka d.d. Ljubljana (Slovenia)