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OTP Leasing Romania launches an integrated flow of electronic signatures for legal entities and suppliers

Bucharest, May 24th, 2021. OTP Leasing Romania, part of the OTP banking group, continues the investment in technological projects, meant to support local companies to obtain asset financing in the safest and fastest conditions. The company announces the launch of the electronic signing for leasing contracts, being the first company in this field that offers the possibility of multiple signatures - lessor, client, supplier, guarantor - on contracts and other documents and the integration of signatures on this flow.

This launch is part of a wider project, which will consist of a remote digital enrolling process and leasing document signing in a single flow for legal persons.

The e-signature process is simple and takes just a few minutes. It consists of identifying signers via video call, and following the regulatory validation steps for such operations. The flow is similar for both the clients and the supplies, the final step including the issuing of the e-signatory digital certificate. After e-signing, the documents will instantly be received by each signatory party. Multiple signatures can be applied to each document, depending on the number of company representatives and suppliers. Thus, OTP Leasing’s customers and partners enjoy the speed, comfort, and security benefits, just a few clicks away. The process does not involve any costs for OTP Leasing Romania’s stakeholders.

"At OTP Leasing, we aim to create an ecosystem for our customers and partners, brought together under the Daily Leasing concept. Through it, we want them to be able to accomplish anytime and anywhere the activities they need through simple self-service solutions, available 24/7. The launch of this project is a new step in this direction and, through technology, our customers and partners will have more time to develop their own business”, stated Toni Ioan Tătaru, CEO OTP Leasing Romania.

„The electronic signature, as it was in the case of other projects, has a brand-new component in the market in which we operate. Thus, it is a flow that allows multiple signatures from the company, suppliers, and leasing company on the same documents, taking into account the more complex typology of financial leasing contracts for legal persons.” completed Steliana Moraru, Head of Marketing & Digital transformation OTP Leasing Romania. 

OTP Leasing Romania offers friendly solutions for local businesses, being alongside customers through innovative projects and business solutions that support all business sectors. By building in this direction, the company currently has several technology developments projects. Already launched in the market is Eliza, the company’s chatbot, which provides 24/7 support to the website users and the customers enrolled in MyLeasing. For the medium-term new platforms are under development: online onboarding process, upgrade of the main leasing systems and a new associated module to automate the sales area.

 

About OTP Leasing Romania

 

OTP Leasing was established in 2007 and is part of OTP Bank, the majority shareholders being OTP Bank Romania and Merkantil Bank Hungary (part of Merkantil Hungary). OTP Leasing Romania offers to legal entities a wide range of financial leasing products for the acquisition of cars, commercial vehicles, and equipment. The company has branches in Bucharest, Iasi, Brasov, Timisoara and Cluj. OTP Leasing finances all types of local companies.

 

About OTP Bank

 

OTP Bank Romania, a subsidiary of OTP Group, is an integrated and self-financed provider of financial services. With an approach defined by responsibility, commitment, and professionalism, OTP Bank Romania understands the client needs and the current market context and is a reliable partner in providing financial services. The bank ranked 9th in the Romanian banking players' ranking in December 2018, depending on assets.

 

OTP Group has over 70 years of activity in the financial sector in Central and Eastern Europe, while the Romanian subsidiary has accumulated 16 years of local market presence. By promoting innovation, stable growth, and integrated financial services, the OTP Group has become a dominant player in the Central and Eastern European market and is considered an important banking group even on a European scale. The Community of around 40 thousand employees serves almost 19 million customers every day in 11 countries.

 

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