Markets grow together – The Budapest Times

Seven Central Eastern European stock exchanges and the EBRD have signed a groundbreaking agreement in Bratislava to develop the regional capital markets.

The cooperation covers key areas such as the expansion of primary markets, the development of an institutional framework to support long-term savings of small investors and the promotion of their participation in the capital market. In addition, the focus is on implementing new technologies and increasing the efficiency of the regional capital market infrastructure. The exchange of best practices is intended to further strengthen cooperation.

Key role in SME financing

Well-functioning capital markets form the foundation for economic development. They are an important source of financing for fast-growing and innovative companies and enable the public to participate in economic success. The CEO of the Budapest Stock Exchange (BÉT), Richárd Végh, emphasises the key role of the Central Eastern European stock exchanges in the creation and development of the local capital market ecosystem. Regional co-operation enables a more efficient use of resources and promotes the integration of regional capital markets through cross-border business flows.

Broad alliance of regional stock exchanges

The agreement was signed by the Budapest Stock Exchange (BÉT), the Bratislava Stock Exchange (BSSE), the Bucharest Stock Exchange (BVB), the Bulgarian Stock Exchange (BSE), the Ljubljana Stock Exchange (LJSE), the Warsaw Stock Exchange (WSE), the Zagreb Stock Exchange (ZSE) and the EBRD.