Banca Transilvania collaborates with Raiffeisen Centrobank for Market Maker services, to support the liquidity of the shares
Press release 2021-09-07
Banca Transilvania(BVB:TLV),one of the most liquid shares traded on the Bucharest Stock Exchange, benefits from September 7th.c. from 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 issuer's first Market Maker for the bank's shares.
- Mihaela Nadasan, Deputy General Manager, Financial Institutions and Markets, Banca Transilvania: "Banca Transilvania, including as issuer, had a decisive role in promoting the Romanian capital market in the emerging market category. The active participation in the development of the Bucharest stock exchange was and remains our focus, as the first financial institution that registered its shares for trading in Romania".
- Gunther Kornfellner, Equities & Derivatives Trader for EMEA, Raiffeisen Centrobank: "Weare happy to include Banca Transilvania - the company with the largest share in the BET index of the Bucharest Stock Exchange - in our portfolio of clients and thus to support its success story. We aim to increase the liquidity of the market, as well as that of TLV shares".
- Adrian Tanase, General Manager, Bucharest Stock Exchange: "We are glad that Banca Transilvania chooses to initiate a collaboration with Raiffeisen Centrobank for Market Maker services of the Issuer. BT demonstrates once again the importance it allocates to the capital market and the performance of its shares on the stock exchange. Accessing the Issuer's Market Maker program by the most publicly traded company, already included in the FTSE Russell emerging market indices, will show all the more the usefulness of this program to improve the liquidity of an issuer."
Banca Transilvania was 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 has contributed to Romania's qualification to emerging market status and is one of five companies present in the FTSE Russell indices.