Riga/Tallinn/Vilnius, Nasdaq Baltic Market, September 30, 2019 – 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.
Erste Group is the leading 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). For more information, please visit erstegroup.com.
“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.
The full list of Members is available on the Nasdaq Baltic website: nasdaqbaltic.com .
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 100 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. Nasdaq is home to over 4,000 total listings with a market value of approximately $14 trillion. To learn more, visit business.nasdaq.com .
Nasdaq Baltic represents the common offering of the Nasdaq Tallinn, Nasdaq Riga and Nasdaq Vilnius securities markets as well as Nasdaq CSD. To learn more, visit nasdaqbaltic.com .
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The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about Nasdaq and its products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These factors include, but are not limited to factors detailed in Nasdaq’s annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
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