By Tamas Csonka in Budapest OTP Bank has made a non-biding bid for Tallinn-based Luminor Bank, financial website Portfolio reported on May 2, citing information from Bloomberg. The news comes less than a week after OTP chairman-CEO Sandor Csanyi told shareholders at the AGM that the lender made an indicative offer for a bank in an EU member state, in which it has no presence. The acquisition would be the largest in the bank’s history, he added. The acquisition of Nova KBM in 2023, with a book value of around €1bn was the largest deal in the bank’s history. Luminor Bank is the third-largest ban…