Connect with us

Media OutReach

OTP Bank Becomes First EU Financial Institution to Open a EUR 7 Billion EMTN Programme on the Hong Kong Stock Exchange

Published

on

Rated AAA on the China national scale by Lianhe and recently ranked 398th on Forbes Global 2000, up from 1007th in 2022 · Milestone marked by a gong ceremony at the Connect Hall, Hong Kong Stock Exchange, on 30 June 2026

BUDAPEST, HUNGARY and HONG KONG SAR – Media OutReach Newswire – 30 June 2026 – OTP Bank Plc. (“OTP Bank” or “OTP”), the leading banking group in Central and Eastern Europe (CEE), today marked the establishment of its EUR 7 billion Euro Medium Term Note (EMTN) programme on the Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange” or “HKEX”) with a commemorative gong ceremony at the Connect Hall, Hong Kong Stock Exchange. OTP is the first European Union financial institution to open an EMTN programme on the exchange.

Official OTP Bank Gong Ceremony

The EUR 7 billion programme was established on the Hong Kong Stock Exchange on 28 May 2026, following approval of its base prospectus by Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) on 27 May 2026, allowing the issuer to raise debt in multiple tranches, currencies, structures and maturities over time. For OTP – which holds an AAA issuer rating on the China national scale from Lianhe Ratings, the highest available – it establishes a permanent platform for trading with certain OTP bonds, and later for raising capital from Asian institutional investors.

On 16 June 2026, OTP priced the programme’s inaugural issuance: a EUR 1 billion Tier 2 note, listed in Hong Kong and Luxembourg. It is OTP’s largest-ever bond transaction and, as at the issue date, the largest euro-denominated Tier 2 note issued by a bank in the CEE and wider CEMEA region. The offering drew a peak order book of EUR 4.1 billion – the largest in OTP’s history – and priced at a coupon of 4.625%.

The listing builds on OTP’s growing presence in Asian capital markets. In 2025 OTP issued its first Dim Sum green bond, raising CNH 900 million and becoming the first Hungarian institution to issue a public offshore renminbi green bond, following a CNY 300 million bond in 2024. The Bank has operated a representative office in Beijing since 2017, became a full member of the Asian Financial Cooperation Association (AFCA) in 2024, and maintains a strategic partnership with the Industrial and Commercial Bank of China (ICBC).

Sándor Pataki, Director of Investor Relations and Capital Markets Operations of OTP Bank, said: “Listing our EMTN programme in Hong Kong is a clear demonstration of OTP Bank’s long-term vision and strategic commitment to international capital markets. Hong Kong excels itself as one of the world’s leading international financial centres, serving as a vital bridge between East and West. For OTP Bank, this is not only an opportunity to access liquidity, but also to deepen relationships and build lasting trust with investors in this dynamic region. The demand we have seen for OTP’s credit, including the record order book for our inaugural issue off the programme, reflects the growing interest in high-quality European issuers.”

As Asian investors increasingly look to Europe to diversify their portfolios, Central and Eastern Europe offers a distinctive proposition: emerging-market growth rates combined with the low-risk profile of the European Union. The region’s attractiveness is reinforced by its convergence towards the eurozone. Three of the five countries in which OTP is the market leader sit at the heart of Europe’s euro-convergence story – Bulgaria, which adopted the euro on 1 January 2026, Slovenia, which adopted the euro years ago, and Hungary, OTP’s flagship market, where the recently elected government aims to create the conditions for euro adoption around 2030.

OTP combines what rarely comes together in European banking: high growth, strong profitability and an ultraconservative balance sheet built for resilience. OTP Group is one of the largest and fastest-growing banking groups in the region, recently ranked 398th on the Forbes Global 2000 list, up from 1007th place in 2022. It pairs an annual organic loan growth of around 15% with a disciplined acquisition record and high profitability – a 2025 return on equity of 21.6% – and with an ultraconservative balance sheet: a leverage ratio well above its European peers, strong capital and liquidity, and one of the most resilient outcomes in the European Banking Authority’s latest stress test. In 2023, OTP became the first European bank to enter Uzbekistan, bringing the total population across OTP’s markets to 110 million.

Sándor Pataki, Director of Investor Relations and Capital Markets Operations of OTP Bank, added: “We believe the combination of growth, profitability and stability is what makes OTP an attractive name for fixed-income investors. This is also reflected in our recent ranking among the world’s top 500 companies by Forbes.These achievements are the result of a consistent strategy: prudent growth, diversified funding sources, and a strong focus on long-term partnerships. Over the decades, OTP Bank has built a solid track record in international debt capital markets, and today’s milestones further strengthen that foundation. Looking ahead, we see significant opportunities to deepen our engagement with Asian investors and institutions. We are confident that this listing will serve as a cornerstone for long-term cooperation, mutual growth, and shared success.”
Hashtag: #OTPBank #Banking #Finance #HongKong #Hungary




The issuer is solely responsible for the content of this announcement.

OTP Bank

OTP Group provides universal financial services to 17.5 million customers across 11 countries in Central and Eastern Europe and Central Asia, with 40,000 employees and total assets of USD 138 billion. OTP has ranked No. 1 in Central and Eastern Europe by Tier 1 capital in The Banker’s Top 100 CEE Banks for three consecutive years (2023-2025); it was named the second best-performing bank in Europe by S&P Global Market Intelligence and the Best Bank in Central and Eastern Europe by Global Finance. The Group has risen to 398th on the Forbes Global 2000 in 2026 (from 1007th in 2022). OTP Bank has been listed on the Budapest Stock Exchange since 1995. The Bank holds an AAA issuer rating on the China national scale from Lianhe and is rated BBB by S&P.

Media OutReach

Natalie C. Uy Leads University Pad with a Legacy Rooted in Education, Community, and Integrity

Published

on

MANILA, PHILLIPINES- Media OutReach Newswire – 1 July 2026 – Natalie Uy, President of University Pad Residences, continues to shape University Pad as more than an accommodation brand, but as a purpose-driven home for students, young professionals, Overseas Filipino Workers, BPO employees, and travelers seeking safety, comfort, and stability.

Ms. Natalie C. Uy, President of University Pad Residences, leads University Pad with a vision anchored on education, community, integrity, and purpose-driven accommodation.

Guided by the values of education, community, and integrity, Uy’s vision for University Pad was built around a simple but meaningful goal: to provide people with a place where they can feel supported while pursuing their studies, careers, and dreams.

“I would like people to remember me as someone who values education, community, and integrity,” Uy shared. “This is also the reason why University Pad was started. We want to reach more students and young professionals by giving them a place that supports their growth, learning, and well-being.”

Through its condormitel concept, University Pad offers flexible accommodation that combines the comfort of residential living with the convenience of hotel-style service. Its spaces are designed to support focus, productivity, rest, and a stronger sense of belonging for residents who are building their future away from home.

For Uy, the true measure of success is not only business growth, but the impact created in the lives of people and communities served. University Pad hopes to inspire residents and stakeholders to carry forward the same principles: to have a heart for others, help build a caring community, and support future generations in thriving with purpose and integrity.
Hashtag: #ACES

The issuer is solely responsible for the content of this announcement.

University Pad Residences

University Pad Residences is a condormitel offering flexible accommodation solutions for students, young professionals, OFWs, BPO employees, and travelers, with a focus on safety, comfort, accessibility, and community-centered living.

Continue Reading

Media OutReach

China’s digital hub Hangzhou hosts conference on AI, OPC

Published

on

HANGZHOU, CHINA – Media OutReach Newswire – 30 June 2026 – The inaugural AI+OPC Innovation and Development Conference was held from June 29 to 30 in Shangcheng District, Hangzhou, capital city of east China’s Zhejiang Province. Centered on one-person company (OPC), a new form of smart economy in the AI era, the conference program comprised one opening ceremony and two parallel breakout sessions.

Live from the 1st “AI+OPC” Innovation & Development Conference in Hangzhou

It gathered around 400 delegates from government departments, industry associations, financial institutions, AI enterprises and OPC startup operators across the country. Participants exchanged insights on AI innovation pathways and cross-industry integration strategies, injecting strong impetus into Hangzhou’s ambition to develop a national benchmark hub for AI+OPC entrepreneurship.

A series of key launches and milestone ceremonies took place during the opening segment. Official releases included the 2026 national OPC development observation report, Hangzhou’s 2026–2028 action plan and supporting policies to build a national AI+OPC entrepreneurship hub, and a catalog of actionable AI+OPC application scenarios. Attendees also received an in-depth interpretation of the specifications for AI-enabled OPC community services and evaluation.

The ceremony featured multiple landmark initiatives: plaque awarding for Hangzhou’s priority AI+OPC incubation communities and dedicated observation sites, the official launch of the AI+OPC Community Alliance initiative, and a kickoff marking the official construction of the national AI+OPC entrepreneurship hub.

The open forum session featured keynote speeches from distinguished industry and academic leaders. Speakers included Pan Yunhe, former executive vice president of the Chinese Academy of Engineering and professor at Zhejiang University; Liang Gui, former executive vice governor of Jiangxi Province and ex-director of the Torch High Technology Industry Development Center under the Ministry of Industry and Information Technology; and Zou Ling, head of Hong Hub, Shangcheng District’s single-member unicorn startup acceleration community, who shared cutting-edge insights from varied perspectives.

A panel dialogue followed, bringing together representatives from Moshu OPC Community (Beijing E-Town), the School of Future Science and Engineering at Soochow University, Qingju Hub · Future Digital Intelligence Port (Shangcheng District), and Puhua Capital for in-depth industry exchanges.

Complementary concurrent events held throughout the conference included an OPC capital-industry matchmaking salon, a symposium on industry-education integration for AI-powered OPC sectors, and a national exchange forum for AI+OPC community practitioners.

OPC has emerged as a vibrant new engine driving economic vitality and underpinning high-quality development. Against the backdrop of a new development era, the inaugural Hangzhou AI+OPC Innovation and Development Conference unites OPC innovators nationwide.

Drawing on the creative energy of millions of independent super-individual operators, the event delivers sustained digital momentum to fuel Hangzhou’s super-individual economy, while rolling out replicable local practices and actionable Hangzhou solutions to advance high-quality growth of smart economies nationwide.

The issuer is solely responsible for the content of this announcement.

Continue Reading

Media OutReach

Greenworks Deepens Its Localisation Strategy in Europe, Building a New Pillar for Global Growth

Published

on

FLORENCE, ITALY – Media OutReach Newswire – 30 June 2026 – At the Greenworks European Dealer Conference, Greenworks announced the rollout of its 24V PowerAll power tool range across Europe, marking the completion of its rollout across the United States, Asia-Pacific and Europe. It marks a new phase in its strategy, with power tools becoming a core pillar alongside its established garden tool business. According to Grand View Research, Europe accounted for 23.5% of global power tool revenue in 2025. A German dealer noted that the shift to integrated battery systems has changed customer purchasing behaviour, reflecting broader industry evolution.

“Europe is one of the world’s core markets for power tools and a key pillar of Greenworks’ globalisation strategy. We will continue to improve our local operating system, deepen collaboration with partners and, through the Greenworks Power ecosystem” said Chen Yin, CEO of Greenworks.

The 24V PowerAll platform is built around a unified battery ecosystem designed for both DIY and professional users. It includes a Home DIY product line for everyday household tasks and a Pro line for high-intensity professional applications, serving users from homeowners to electricians, builders and maintenance professionals. The platform covers more than 200 compatible products, enabling one battery to power drills, saws, lawn mowers, pressure washers and vacuum cleaners across multiple categories. It also enables cross-category energy sharing, strengthening long-term user retention and brand engagement.

Based on 24V lithium-ion technology and brushless motor systems, the platform delivers stronger power, longer runtime and higher efficiency. A shared battery architecture also reduces user costs while increasing convenience and cross-category usability. Greenworks has also introduced USB-C fast charging with advanced GaN technology, improving charging efficiency for tools and portable devices.

In Europe, Greenworks is strengthening localisation across channels, supply chain, product portfolio and brand operations. The company continues to expand its European presence while enhancing its Greenworks Commercial offering for professional landscaping and urban maintenance. The European Operations Center in Florence, Italy, plays a key role in improving logistics efficiency and supporting faster response times across regional dealer networks.

Greenworks will continue investing in lithium-ion battery innovation and brushless motor technologies to support sustainable electrification across global markets.

Hashtag: #Greenworks

The issuer is solely responsible for the content of this announcement.

Continue Reading

Trending