News
Piraeus Bank and OTP Capital Expand Cooperation in Custody Services
21 January 2026

Piraeus Bank continues its cooperation with OTP Capital, providing custody services for the company’s investment funds. 

As part of the partnership, Piraeus Bank acts as the custodian for the newly launched closed-end, non-diversified mutual investment fund “OTP Dividend,” established by OTP Capital. The Bank ensures the safekeeping of assets, transaction oversight, compliance with regulatory requirements, as well as transparency and protection of investors’ interests. 

Our cooperation with OTP Capital is an integral part of Piraeus Bank’s strategy to develop institutional and custody services and to support a transparent infrastructure for collective investment in Ukraine. We aim to create an environment where investors can rely on strong controls, reliability, and clear asset-protection mechanisms,” said Iryna Stakhurska, Member of the Management Board of Piraeus Bank. 

The launch of the fund comes amid growing investor interest in hryvnia-denominated government bonds. According to the Ministry of Finance of Ukraine, in 2025 the weighted average yield on hryvnia government bonds increased to 16.24%, while the total volume of OVDPs held by individuals exceeded UAH 112 billion, representing a 42% year-on-year increase. 

The expanded cooperation with OTP Capital reinforces Piraeus Bank’s role as a reliable custody partner for asset management companies and investors seeking modern capital market instruments in Ukraine. Drawing on its more than 100 years of international experience, the Bank will continue to focus on delivering high-quality, client-oriented services that meet international standards and client expectations.