Eurombank available on RASDAQ

Eurombank will be traded on RASDAQ electronic market as of today, as the bank joins the other three Romanian banking institutions listed on the Romanian capital market: BRD, Banca Transilvania and Commercial Bank Carpatica. The bank’s officials had said they were not planning to obtain financing from the capital market, with the decision to list the bank fuelled by the success of other stocks of companies in the financial sector, such as Carpatica and insurance company ARDAF. Eurom is 89.5% owned by Israeli group Kolal, with another 10,000 shareholders (both natural and legal persons) holding the remaining 10.5% in the bank. ZF