Nasdaq (NDAQ) announces that Erste Group Bank AG has been granted stock exchange membership on the Nasdaq Riga and Nasdaq Vilnius markets as of October 1, 2019, writes the stock exchange company in a press release.
Nasdaq
© Organizacijos nuotr.

Erste Group is the financial services provider in the Eastern part of the EU. Erste Group Bank AG was founded in 1819 as the first Austrian savings bank. Currently, around 47 000 employees serve over 16.5 million customers in more than 2 400 branches in 7 countries (Austria, Croatia, Czech Republic, Hungary, Romania, Serbia, Slovakia).

“Securing and disseminating prosperity in Central and Eastern Europe has been our purpose since the foundation of Erste Group 200 years ago,” says Ingo Bleier, Chief Corporates and Markets Officer at Erste Group. “We are committed to supporting strong and efficient capital markets in the broader CEE region, as they play a vital role in allowing us to fulfill our purpose – even more so in these times of extremely low-interest rates. As a leading financial services group we would like to help both issuers and investors on all regional exchanges and play an important role in providing market research and liquidity for our clients.”

“We are excited to welcome Erste Group Bank to the family of Nasdaq Baltic members in Riga and Vilnius and believe that this step will benefit long-term market development,” says Daiga Auziņa-Melalksne, CEO of Nasdaq Riga and Head of Nasdaq Baltic Exchanges.

Erste Group Bank will trade on the Nasdaq Baltic Market under the trading code ERST.

It is forbidden to copy the text of this publication without a written permission from DELFI.

Cabinet approves new car pollution tax

The Lithuanian Cabinet approved on Wednesday a new tax aimed at encouraging people to buy less...

Alcohol, tobacco and diesel fuel excise tax hikes approved

The Lithuanian Cabinet decided on Wednesday to raise the excise duties on strong alcohol , diesel...

President proposes new measures to block Astravyets electricity

Lithuanian President Gitanas Nauseda on Wednesday proposed new measures to block imports of...

Government considers 2020 budget with revenue and expenditure going up

The revenue and expenditure of Lithuania's 2020 state budget , including EU and other international...

Vasiliauskas: country needs immigrants with higher qualifications

With more and more immigrants from third countries arriving in Lithuania, the country's central...