April 30, 2020 / 8:46 PM / a month ago

RPT-MEDIA-OTP Bank CEO expects stable income in Q1, risk provisions conservative - Portfolio.hu

(Repeats to include Hungary code)

April 30 (Reuters) - OTP Bank Nyrt. CEO Sandor Csanyi was quoted by financial news web site Portfolio.hu on Thursday as saying at a conference in Budapest:

* OTP SETS ASIDE RISK PROVISIONS CONSERVATIVELY

* IF CORONAVIRUS PANDEMIC HAS A SECOND WAVE IN THE FALL, IT COULD BE WEAKER THAN FIRST ONE

* HALF OF BANKING CLIENTS OPTED OUT OF LOAN REPAYMENT MORATORIUM

* HUNGARIAN BANK SECTOR SUFFICIENTLY LIQUID, EXPECTS NO SIGNIFICANT FALL IN LENDING Source text (in Hungarian) for Eikon: bit.ly/2y6QnLc Further company coverage: (Reporting by Marton Dunai)

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