Microsoft's vision is to empower
people through great software - any time, any place and on any
device. As the worldwide leader in software for personal and
business computing, Microsoft strives to produce innovative products
and services that meet our customers' evolving needs. At the same
time, we understand that long-term success is about more than just
making great products.
In an industry that moves at
lightning speed, innovation is critical to our competitiveness.
Microsoft's long-term approach to research & development,
combined with our constant efforts to anticipate customer needs,
improve quality and reduce costs will enable us to deliver the best
products and technologies.
As a leading provider of development
tools and methods, we find it important to help young and talented
students learning new and interesting programming techniques. We
also make it possible for them to see the „.NET future"
as we see it.
The Bank celebrated it's 50th
anniversary in 1999. The National Savings Bank (OTP Bank) was
established in 1949 as a nation-wide, state-owned, banking entity
providing retail deposits and loans. In the following years, its
activities and the scope of its authority gradually widened.
Initially, it was authorised to enter into real estate transactions.
Later, its role was extended to provide domestic foreign currency
accounts and foreign exchange services, with subsequent
diversification into providing banking services for Hungarian
municipalities. Since 1989, the bank has operated as a
multi-functional commercial bank. In addition to continuing with its
previous retail and municipal activities, the bank has been
authorised to solicit corporate loan accounts and deposits, and to
provide commercial loans and banking services for correspondent
banking and export-import transactions.
In 1990, the National Savings Bank
was transformed into a public company limited by shares with a share
capital of HUF 23bn and its name was changed to the National Savings
and Commercial Bank. Subsequently, non-banking activities were
separated from the bank, along with their supporting organisational
units. The State lottery was reorganised into a separate wholly
state-owned company and OTP Real Estate was established as a wholly
owned subsidiary of the bank. The bank has subsequently developed as
a universal financial and related services group. Main members of
the OTP Group include OTP-Garancia Insurance Ltd., OTP Real Estate
Ltd., OTP Faktoring Ltd., OTP Building Society Ltd., OTP Securities
Ltd., HIF Ltd., Merkantil Bank Ltd., Merkantil Car Ltd., as well as
OTP Fund Management Ltd., and OTP Fund Ltd.