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Baltic-based Luminor Banks to transfer Nasdaq memberships to Estonian unit

Latvia-based Luminor Bank AS and Lithuania-based Luminor Bank AB will transfer their Nasdaq memberships to their continuing unit, Estonia-based Luminor Bank AS, on the completion of their merger, effective Jan. 2, 2019.

The management board of NASDAQ OMX Tallinn AS approved the combined entity's membership to its securities market exchange.

Estonia's Luminor Bank was formed by the merger of Nordea Bank Abp and DNB ASA in 2017.