• Home
  • Contact
  • Submit a News Release
Tuesday, June 10, 2025
  • Login
No Result
View All Result
NEWSLETTER
Mainland Times — Breaking Continental European News
  • Climate
  • Business
  • Economy
  • Europe
  • Health
  • Education
  • Society
  • Sport
  • World
  • Climate
  • Business
  • Economy
  • Europe
  • Health
  • Education
  • Society
  • Sport
  • World
No Result
View All Result
Mainland Times — Breaking Continental European News
No Result
View All Result
Home Europe

Poland promoted to developed market status by FTSE Russell

Michael Sanders by Michael Sanders
12/03/2021
in Europe
Poland promoted to developed market status by FTSE Russell
11
VIEWS

Global index provider FTSE Russell has reclassified Poland from emerging market to developed market status, effective from September 24. Poland is now classified as one of the 25 most advanced global economies, a list of countries which includes the US, UK, Germany, France, Japan and Australia. Furthermore, Poland is the first country in almost a decade, and the first in Central and Eastern European, to be upgraded to developed market status.

“Poland’s promotion to developed market status within FTSE Russell’s global equity benchmarks is a significant achievement,” said Reza Ghassemieh, chief research officer at FTSE Russell. “The Polish Ministry of Finance and the Warsaw Stock Exchange have long been committed to improving Poland’s capital markets infrastructure and strengthen its economy and today marks the culmination of their efforts to meet the rigorous criteria needed for this classification.”

The upgrade of Poland to developed market status represents an acknowledgement of the progress of the Polish economy and capital markets and is a major step in their development. Poland has all the features of a developed market, including secure trading and post-trade services, as well as advanced infrastructure. The Warsaw Stock Exchange (GPW) uses a state-of-the-art trading system and its listed companies meet the highest standards of corporate governance and disclosure requirements.

“The upgrade to Developed Market status represents a fundamental change in the perception of Poland among global investors,” said Marek Dietl, president of the Warsaw Stock Exchange. “Poland’s reclassification will spark the interest of new investors in Polish issuers and open enormous opportunities for the entire capital market. I do believe that in the long term it will attract bigger capital inflows to GPW.”

FTSE Russell reviews the classification in view of the regulatory environment, infrastructure and quality of the capital market, the depository and clearing system, as well as the status of the derivatives market. The indices serve as a benchmark for leading global investment funds. The classification results in moving companies from FTSE indices of Emerging Markets to FTSE indices of Developed Markets.

FTSE Russell will include 37 Polish companies in its Developed Market indices. One of these, Bank Pekao, announced simultaneously that it would be opening a representative office in London.

Recommended

GE Renewable Energy to power Potegowo wind farm in Poland

GE Renewable Energy to power Potegowo wind farm in Poland

4 years ago
Government review finds 10% of drugs dispensed in England are pointless

Government review finds 10% of drugs dispensed in England are pointless

4 years ago

Popular News

  • Letter: Bill Broderick obituary

    Letter: Bill Broderick obituary

    0 shares
    Share 0 Tweet 0
  • The Top European Online Media Outlets: A Guide to Trusted News Sources

    0 shares
    Share 0 Tweet 0
  • Belarus shuts down largest independent news portal, arrests staff

    0 shares
    Share 0 Tweet 0
  • Mura stun Tottenham with late Europa Conference winner after Sessegnon red

    0 shares
    Share 0 Tweet 0
  • Tunisian crisis escalates as president dissolves parliament

    0 shares
    Share 0 Tweet 0

Newsletter

Subscribe and receive the latest news to your email.

SUBSCRIBE

Category

  • Business
  • Climate
  • Economy
  • Education
  • Europe
  • Health
  • Latest
  • Society
  • Sport
  • World

Site Links

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

About Us

Mainland Times is an independent online outlet that publishes socially relevant news taking place on the European continent. Mainland Times aggregates news from several sources, and also provides coverage through a network of local correspondents.

  • Home
  • Contact
  • Submit a News Release

© 2021 All rights reserved.

No Result
View All Result
  • Home
  • Europe
  • Economy
  • Health
  • Climate
  • Climate
  • Business
  • Sport
  • Education
  • Society
  • World

© 2021 All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In