OTP Bank to Acquire LuminorToday, Luminor announces that its shareholders, a consortium of private equity funds managed by Blackstone, and DNB Bank, have agreed to sell their shares in Luminor Holding to OTP Bank. The acquisition of Luminor by OTP Bank will support Luminor’s strategy to strengthen further its position as a top three, universal, pan-Baltic bank, with a digital-first operating model, demonstrated track record, and a modern and scalable IT platform. Both Luminor and OTP Bank share a clear commitment to customers, long-term value creation and financing the real economy of our home markets. Péter Csányi, Chief Executive Officer of OTP Bank, added:’As one of the leading banking groups in Central and Eastern Europe, OTP Group has demonstrated over the past decades its ability to create value in new markets. For the purposes of the Market Abuse Regulation and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Wojciech Sass, Chief Executive Officer of Luminor Bank AS and Mari Mõis, Chief Executive Officer of Luminor Holding AS.