As of March 23rd, 2018, Dutch bank NIBC has become available for trading on Euronext Amsterdam. The bank services over 400,000 retail clients and circa 600 middle-market companies Their IPO was EUR 320 million.
Speaking on the new listing, NIBC CEO Paulus de Wilt remarked that it, “will provide us with full access to the equity and debt capital markets, and further enhances our company awareness and the NIBC brand” while thanking its clients, employees, and shareholders for bringing them to this milestone.
On March 27th, 2018, Euronext, the pan-European stock exchange of which Amsterdam forms a part, announced that had completed its acquisition of the Irish Stock Exchange, which will now be called Euronext Dublin. The move is in line with Euronext’s federal model that seeks to strengthen European capital markets, and further solidifies the exchange’s position as Europe’s front-runner in debt listings.
By Elliot Lyons, Research Analyst