Cecabank is the only Spanish financial institution to be a direct member of Euronext Securities Porto
Membership of Euronext Securities Porto will enable Cecabank to support its customers with a strong presence in Portugal
Since last month, Cecabank has been a direct member of the Portuguese central securities depository Euronext Securities Porto (formerly Interbolsa).
Cecabank's membership of Euronext Securities Porto will enable the custodian bank to support its customers with a strong presence in Portugal while delivering optimised tax services and access to primary market securities underwriting operations. Furthermore, this direct connection with the Portuguese central depository will allow Cecabank to furnish high value-added services to its custody customers with Portuguese securities, especially those with a presence in Portugal.
Cecabank has passed all the tests set by Euronext Securities Porto to earn accreditation as a participating member and has made the appropriate internal developments to its Securities Platform to successfully complete direct access to this new central depository.
Cecabank offers all post-trade services for marketable securities and financial instruments to more than 100 customers, mainly banks, management companies and insurance carriers. With over €351.3 billion in assets under custody and €255.6 billion of deposited assets as of December 2024, the Bank retains its leading position in securities services in the Iberian market. The bank has had a fully operational branch in Lisbon since September 2018. Based in the Portuguese capital, the independent custodian bank offers securities depository, custody and settlement services to all types of asset managers.
Membership of Euronext Securities Porto provides access to a secure and efficient market infrastructure supporting all stages of the custody and settlement value chain and a full range of asset servicing. This allows financial intermediaries such as Cecabank to operate confidently and efficiently in the Portuguese market.
