FTSE Russell reclassification of Romania from Frontier to Secondary Emerging market status

UniCredit Bank S.A.
Summary: 
FTSE reclassifies Romania from Frontier to Secondary Emerging market status as of 21 September 2020.
Fri, 18/09/2020

The global index provider FTSE Russell will include Romania in the FTSE Russell Emerging Market indices effective from  Monday, 21 September 2020. Index eligibility for the September 2020 FTSE Global All Cap annual review will be based on data as of the close of 30 June 2020.

Romania was screened for inclusion as part of the Emerging Europe review. Romania, currently a Frontier market, is to be reclassified as a Secondary Emerging market, with effect 21 September 2020.

Impact on investors:  Future growth perspective for the Romanian capital market .