Raiffeisen Centrobank awarded for product innovation on Romanian capital market

Raiffeisen Centrobank awarded for product innovation on Romanian capital market

Vienna/Bucharest –

 

Raiffeisen Centrobank AG (RCB) was awarded as “Most innovative Product Provider” on the Romanian Capital Market at this year’s Capital Markets Awards that are organized annually by Bucharest Stock Exchange (BVB). The award ceremony took place on Tuesday evening at the Fratelli Studios in Bucharest. The reason why RCB received the award was a premiere that the Austrian issuing house was responsible for: the first listing of warrants at BVB, which RCB successfully conducted in joint cooperation with the local Raiffeisen Bank in Romania in March 2016. Thus Romanian investors had for the first time the opportunity to invest with leverage in local Romanian underlyings and to benefit from falling as well as rising markets. Moreover, the newly listed warrants provided for the first time hedging opportunities against falling prices of local shares.

“We are very pleased to receive this award, as it shows how much our product know-how is appreciated in Romania. It certainly will increase our commitment to the Romanian market even further”, RCB CEO Wilhelm Celeda sums up.

Held since 2014, the Inauguration of the Stock Exchange Year is the early event organized by the Bucharest Stock Exchange in order to celebrate the beginning of the new investment year. During the event, awards are given away in order to acknowledge the biggest contributors to the development of the capital market in 2016. For RCB this is the third international award it received already in 2017.

For further information please contact:

Andrea Pelinka-Kinz
E-Mail: pelinka-kinz(at)rcb.at
Phone: + 43 (0) 1 51520-614 

Fotocredit: Raiffeisen Centrobank (RCB)



About Raiffeisen Centrobank AG

Raiffeisen Centrobank is the competence center for equities and derivatives in Austria with a strong regional focus on Central and Eastern Europe. As a full service provider of certificates, the bank offers currently more than 8,200 products for each market phase and investment horizon. The coverage universe of RCB company research comprises about 130 Austrian and international titles. Raiffeisen Centrobank is a 100% subsidiary of Raiffeisen Bank International AG.

Contact
The Structured Products Team
T: +43151520484
E: produkte(at)rcb.at