Erste Group joins Baltic bourse roster

Nasdaq announced Deptember 30 that Erste Group Bank AG has been granted stock exchange membership on the Nasdaq Rīga and Nasdaq Vilnius markets as of October 1, 2019.

Erste Group is a 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).

Ingo Bleier, Chief Corporates and Markets Officer at Erste Group said it was "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.”

“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,” said Daiga Auziņa-Melalksne, CEO of Nasdaq Rīga and Head of Nasdaq Baltic Exchanges.

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

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