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NewsWhore
03-09-2012, 07:00 AM
OTP of Hungary Posts Fourth-Quarter Loss on Loan Repayments and Writedowns (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEy3ITBxXMWC3ewYSxwGNl-084UuQ&url=http://www.bloomberg.com/news/2012-03-09/otp-of-hungary-posts-fourth-quarter-loss-on-loan-repayments-and-writedowns.html)
Bloomberg
OTP Bank (OTP) Nyrt., Hungary's largest lender, reported its first quarterly loss in three years on a foreign-currency loan repayment plan, goodwill writedowns at foreign units and a special bank tax. The fourth-quarter net loss of 25.8 billion forint ...

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