COMPANIES ECONOMY FINANCE&BANKING

ING Bank becomes broker on Romanian stock market

ING Bank becomes broker on the Bucharest Stock Exchange (BVB) following a decision adopted on Monday by the Board of Governors, reads an announcement released on the BVB website.

“Following the decision of the Board of Governors of the Bucharest Stock Exchange (BVB) from December 11, 2017, ING Bank N.V. Amsterdam Bucharest Branch was granted the quality of Participant to the trading system of the BVB on the regulated spot market and registration with the Participants Register,” reads the document.

The Stock Exchange reached 88 issuers at the end of last month, after five companies had listed on the Main Market in the last 12 months, which represents the best performance in its history, President of the Board of Governors of the Bucharest Stock Exchange (BVB) Lucian Anghel stated.

“November was a busy month for the Bucharest Stock Exchange. The stock market witnessed two listings of shares worth a total of 64 million euro and 1.2 million euro for the bonds segment. The Romanian stock market reached 88 issuers at the end of last month, after five companies had listed on the Main Market in the past 12 months, which represents the best performance in the local stock exchange’s history in terms of number of new companies. We hope the listings trend will continue in 2018 and thus more companies enter the stock market arena,” Lucian Anghel said.

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