ING previously owned a 4.95% stake in Bucharest Stock Exchange via voluntary private pension funds ING Activ and ING Optim, and via private pension fund Fondul de Pensii Administrat Privat ING, the company said in a statement.
Following the acquisition, Fondul de Pensii Administrat Privat ING holds the biggest stake, of 4.83%.
The emergency ordinance amending the capital market legislation, which included a provision according to which the ownership threshold in market operators could be raised from 5% to 20%, came into force on January 9.
In Romania, ING owns ING Bank Romania and controls NN Group, represented by insurer ING Asigurari de Viata, pension fund ING Pensii and ING Investment Management International.