Argentina’s CSD Caja de Valores joins Swift’s network
Caja de Valores, Argentina’s central securities depository (CSD), is now fully operational directly on the Swift network. All its international transactions are now executed via Swift.
The move demonstrates the CSD’s “steadfast commitment to help further the nation’s capital markets revitalisation”, states Alejandro Berney, CEO of Caja de Valores. It is a “critical milestone”, he adds.
The project is part of the Argentinian government’s recent pledge to revive the country’s currently fragmented capital markets, says Swift.