May 5, 2017 / 8:31 AM / in 3 months

BRIEF-Hungary's OTP has 4-5 new acquisitions in the works -CEO

1 Min Read

May 5 (Reuters) - Hungary's OTP Bank CEO Csanyi tells news conference:

* Recent days' stock price slump has no fundamental reasons

* 4-5 acquisitions are in preparation phase

* One new acquisition could be announced within a few weeks

* Croatian chief executive Bekeffy says to wrap up integration of Splitska Banka into Croatian unit by mid-2018

* Does not exclude acquisition in any of its markets

* Plans to step into new markets where it is not yet present

* OTP announced conclusion of acquisition of Splitska Banka from Societe Generale earlier this week Further company coverage: (Reporting by Marton Dunai)

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