Banca Transilvania collaborates with Raiffeisen Centrobank for Market Maker services, to support the shares liquidity
Comunicat de presa 2021-09-07
Banca Transilvania (BVB: TLV), one of the most liquid shares traded on the Bucharest Stock Exchange, benefits from September 7 2021, of the Issuer's Market Maker (MME) services from Raiffeisen Centrobank.
By collaborating with Raiffeisen Centrobank for Market Maker services, BT aims to further support the liquidity of the shares. It is the first Market Maker of the Issuer, for the bank's shares.
- Mihaela Nadasan, Deputy CEO, Financial Institutions and Markets, Banca Transilvania: “Banca Transilvania, including it’s role as a issuer, had a decisive role in promoting the Romanian capital market in the emerging market category. An active participation in the development of the Bucharest Stock Exchange was and remains our focus, as the first financial institution to register its shares for trading in Romania".
- Gunther Kornfellner, Equities & Derivatives Trader for EMEA, Raiffeisen Centrobank: “We are pleased to include Banca Transilvania - the company with the highest share in the BET index of the Bucharest Stock Exchange - in our clients portfolio and thus support its success story. We aim to increase the liquidity of the market, as well as that of the TLV shares".
- Adrian Tanase, CEO, Bucharest Stock Exchange: “We are glad that Banca Transilvania chooses to initiate a collaboration with Raiffeisen Centrobank for the Issuer's Market Maker services. BT demonstrates once again the importance it assigns to the capital market and to the performance of its shares on the stock exchange. The access of the Issuer's Market Maker program by the most traded company on the stock exchange, already included in Russell's FTSE Emerging Market indices, will show even more the usefulness of this program for improving an issuer's liquidity ”.
Banca Transilvania was listed on the stock exchange back in October 1997. TLV shares are included in six stock market indices, BET, BET-TR, BET-XT-TR, BET-BK, BET-XT, BETPlus, ROTX. BT contributed to Romania's qualification for the emerging market status and is one of the five companies part of the FTSE Russell indices.