Banca Transilvania (BVB:TLV), one of the most liquid stocks traded on the Bucharest Stock Exchange, has been benefiting since September 7 this year from Issuer’s Market Maker (MME) services provided by Raiffeisen Centrobank.

By partnering with Raiffeisen Centrobank for Market Maker services, BT aims to further support the liquidity of its shares. This is the bank’s first Issuer’s Market Maker.

Statements:   

• Mihaela Nadasan, Deputy CEO, Financial Institutions and Markets, Banca Transilvania: “Banca Transilvania, including in its capacity as an issuer, played a decisive role in the promotion of the Romanian capital market to Emerging Market status. Active participation in developing the Bucharest Stock Exchange has been, and remains, our focus, as the first financial institution to list 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 largest weight in the Bucharest Stock Exchange’s BET index — in our client portfolio and to support its success story. We aim to increase market liquidity, as well as the liquidity of TLV shares.”
  
  
• Adrian Tanase, CEO, Bucharest Stock Exchange: “We welcome Banca Transilvania’s decision to start a collaboration with Raiffeisen Centrobank for Issuer’s Market Maker services. BT is once again demonstrating the importance it attaches to the capital market and to the performance of its shares on the stock exchange. The fact that the most traded company on the exchange, already included in the FTSE Russell Emerging Market indices, is accessing the Issuer’s Market Maker program will further demonstrate the usefulness of this program for improving an issuer’s liquidity.”

Banca Transilvania listed on the stock exchange in October 1997. TLV shares are included in six stock indices, BET, BET-TR, BET-XT-TR, BET-BK, BET-XT, BETPlus, ROTX. BT contributed to Romania’s upgrade to Emerging Market status and is one of five companies included in the FTSE Russell indices.