OTP Bank Has Best Three-Day Rally in Five Months on Hungary Aid

OTP Bank Nyrt. (OTP), Hungary’s biggest lender, headed for its steepest three-day advance in almost five months after the European Union’s most-indebted eastern member state yesterday won approval to start bailout talks.

The stock climbed 0.8 percent to 3,840 forint by 11:30 a.m. in Budapest. A close at that level would mark a 14 percent gain in three days, the most since the same period ended Nov. 30.

To contact the reporter on this story: Krystof Chamonikolas in Prague at kchamonikola@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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