YEREVAN, September 23. /ARKA/. On Tuesday, the Central Depository of Armenia (CDA) and the Central Securities Depository of Poland (KDPW) formalized an agreement to create a direct operational connection between their respective markets.
This agreement enables the listing of Armenian companies on the Warsaw Stock Exchange.
KDPW President and CEO Maciej Trybuchowski emphasized that this agreement aligns with a broader strategy aimed at fostering the development of the capital market in Armenia and enhancing connections with EU markets.
“The establishment of an operational link between our depositories will unveil new investment opportunities in both markets,” he stated.
In June 2022, the Warsaw Stock Exchange (WSE) acquired 65.03% of the shares of the Armenian Stock Exchange (AMX), which is the owner of the CDA.
CDA CEO Ani Makaryan characterized the signing of the agreement as a significant milestone in the execution of the Armenian capital market development strategy.
“We are constructing a bridge that will enable European and Polish investors to access Armenia’s increasingly appealing bond market, which will improve liquidity, boost transparency, and reinforce integration with international capital markets,” she remarked.-0-