IDEA BANK (BVB: IDB24E), first bond issuer and first bank that joins ARIR

19/11/2019 / Comments Off on IDEA BANK (BVB: IDB24E), first bond issuer and first bank that joins ARIR

News

The Romanian Investor Relations Association (ARIR) is delighted to announce that Idea Bank (BVB: IDB24E), the first credit institution that issued this year bonds in euro on the alternative market – AERO, becomes Associate Member of ARIR. Idea Bank offers products and services to individuals and SMEs, relying on the development of new technologies and the diversification of the sales and after sales alternative channels.

Mioara Popescu, Executive President, Idea Bank România:
“The business philosophy of Idea Bank România is „Practical. Simple. Different.”, an approach that certifies the way in which we design products, deliver services and interact with the stakeholders. Our commitment is to invest in digitization and to develop simple and innovative solutions for clients and partners.The association with ARIR confirms Idea Bank’s willingness to improve the communication with the bondholders, to increase the quality of the corporate governance standards and to colaborate with listed companies. We use this opportunity to congratulate ARIR for the anniversary of a year of visible activity in the specialized market.”

Daniela Șerban, ARIR President & Co-Founder:

“We are glad to welcome Idea Bank, as the first bank from our community. We want to support the companies that are making their first steps on the capital market and that want to adopt high standards of transparency and communication, regardless of the financing instruments used. The relation with the bondholders is another direction of action that we will pursue in the next period and it is essential for the sustainable development of the market, especially in the context of the promotion to the Emerging Market status.”

Idea Bank România is part of the Getin Holding group, an international group listed on the Warsaw Stock Exchange, which is offering financial services and has activities in Poland, Ukraine, Russia and Belarus. Idea Bank România is an entity with an independent strategy within the Getin Holding group, adapted to the economic context and the appetite of the local market, as well as to its growth potential. In Romania, the bank carries out banking operations and other financial services for individuals and legal persons.

Idea Bank România joins an elite group of companies, members of the Association, such as Bucharest Stock Exchange, ALRO, Antibiotice, Electrica, Electromagnetica, Franklin Templeton, Hidroelectrica, Nuclearelectrica, OMV Petrom, Purcari, TeraPlast and Transelectrica.

ARIR was set-up in November 2018 and has as members listed companies, companies with potential to become listed companies, fund managers, IR professionals as well as consultants. In ARIR are invited to join: as Associate Members – listed companies, pre-IPO or bond issuers, as Affiliate Members – other organizations than listed companies, pre-IPO or bond issuers, and as Professional Members – individuals with experience in investor relations. ARIR members have access to exclusive content and trainings tailored to their needs and IR objectives, and participate at projects aimed to develop the capital market.