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The Nexus
BUSINESSJun 30 · 08:00 UTCSCMP WORLDDaisy Wu

OTP gives Hong Kong a vote of confidence as European banks look East

European banks are shifting their funding strategies due to geopolitical fragmentation, rising financing costs, and unstable energy supplies, with Hong Kong emerging as an alternative capital market. OTP Bank, Hungary’s largest lender, has shown confidence in Hong Kong by accessing its markets.

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