Hungary's largest bank by assets, OTP Bank Nyrt. (OTP.BU) raised capital at its Montenegrin unit to 126.9 million euros ($165 million) by EUR8 million.

MAIN FACTS:

-Montenegrin Securities Committee approved a capital raise by converting subordinated loan capital at Crnogorska Komercijalna Banka AD on Sept. 10.

-OTP closed up HUF138, or up 3.5% at HUF4,088.

-By Budapest Bureau, Dow Jones Newswires; +36-1-267-0622; budapest@dowjones.com

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