The statements occurred in the framework of the salidaa public offering of Banco de Valores shares in the ByMA panel, as of its merger with Grupo Financiero Valores.
“This great news is in line with what we want in pursuit of a capital market that innovates, which is at the service of productive activity,” said Cosentino, who urged “to continue generating new projects together.”
He also highlighted that the merger, which was supported by CNV, implied significant operational and economic advantages, while the interest of the shareholders of Grupo Financiero Valores was protected.
“All of us who make up the ecosystem of the Argentine capital market (regulator, markets and intermediaries) have to spread the idea that issuing shares gives transparency to economic activity, gives prestige to companies that go out to issue and allows the public to investor participate in the profits that the companies obtain ”, synthesized the president of the institution.
Parallel, The CNV began 2022 by authorizing Caja de Valores SA last Friday to issue nine Issuance Programs of Argentine Deposit Certificates (CEDEARs) on Exchange Traded Fund (ETF), collective investment vehicles that are marketed on foreign stock markets as if they were shares.
Cosentino assured that this year new projects will continue to be carried out to continue developing the capital market in conjunction with the various sectors of the real economy.
Source From: Ambito
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