Cecabank is the only Spanish financial institution direct member of Euronext Securities Porto
The incorporation to Euronext Securities Porto will allow to Cecabank accompany to its clients with a strong presence in Portugal
From last month, Cecabank is direct member of the depositary Portuguese securities head office, Euronext Securities Porto (previously called Interbolsa).
The incorporation of Cecabank to Euronext Securities Porto will allow to the bank guard accompany to its clients with a strong presence in Portugal, as well as offer optimised fiscal services and the access to securities subscription operations in primary market. Similarly, this direct connection with the central depositary Portuguese will provide to Cecabank the high-value service provision add-on to its custody clients with Portuguese securities, especially to anyone who hold presence in Portugal.
Cecabank has exceeded all the evidence required by Euronext Securities Porto obtain the accreditation as participating member and has carried out the necessary internal developments in its Securities Platform to culminate successfully the immediate access to this new depositary head office.
Cecabank offers all the services of post-contracting of negotiable securities and financial instruments to more than 100 clients, basically banks, managers and insurance companies. With more than 351,300 million euros in low assets custody and more than 255,600 million euros of deposited assets to December 2024, the bank maintains its leading position in Securities Services on the market Iberian. The company has a fully operational branch in Lisbon from September 2018. From the capital of Portugal, the independent bank guard offers services of depositary, custody and settlement of securities to any type of manager.
Be Euronext's member Securities Porto offers access to a sure and efficient market infrastructure that bears from all phases of the value chain of the custody and settlement until a complete range of services of assets. All of this allows the brokers, as Cecabank, operate with confidence and efficiency on the market Portuguese.
