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The new dividend payment system draws the attention of 15 banks operating in Romania

The Central Depositary received intent letters from 15 banks operating in Romania interested in participating to the centralized dividend payment system, declared the depositary's director Adriana Tanasoiu.

Tanasoiu affirmed on January 19 that the Central Depositary plans to set up a centralized system for the payment of dividends, so that investors receive their financial resources faster.

The list is comprised of both Romanian banks and foreign banks operating in Romania. The process of closing the deals and setting the system into motion will be a long one, as the Depositary will now send the requirements and the banks will return their offers, which will be analyzed.

"We want the Depositary to pay dividends to all societies transacted at the Bucharest Stock Exchange and even to those that have register contract with us, should they desire it. Investors will have a much more efficient payment system," said Tanasoiu.

The system will be set up with the help of a bank operating in Romania that uses an automatic payment scheme.

Tanasoiu added that the ideal is to use the system including for this year's dividends.

The Bucharest Stock Exchange is the main shareholder of the Depositary, with 51 percent of the shares. The investments fund RAEF holds 1.76 percent and the remaining shares are divided among the five investments companies knows as SIFs, Raiffeisen Bank, Banc Post, ATE Bank and BRD SocGen.

 

Sursa: http://www.newsin.ro

Tags: system depositary romania operating payment banks brd

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