Albanian Securities Exchange ALSE announces to the public and interested parties that due to the capital transforming process and changes in the shareholder structure, ICB Bank and Tirana Bank have decided to not renovate their membership at ALSE until the moment that the new shareholders will define their development objectives of these institutions at the domestic market.
ICB Bank gained its membership at ALSE on 15.01.2018 to exercise its activity as brokerage firm (dealer), meanwhile Tirana Bank gained its membership at ALSE on 23.03.2018 to exercise its activity as brokerage firm (broker-dealer).
Earlier, on December 2018 both these institutions had requested an extension period for membership at ALSE with no financial and legal commitments coming from this process, until their change of the shareholders’ structure. With the decision no. 28, date 26.12.2018 Supervisory Board of ALSE had extended the membership of both institutions until March 31st, 2019, to give the opportunity to these institutions to integrate the new shareholders development policies.
Starting from March 1st, 2019, ICB Bank and Tirana Bank are not members of Albanian Securities Exchange.