Municipal Bank PLC offers custody services with regard to securities issued in the country and abroad. The Bank administers investments ensuring security, effective portfolio management, promptness in execution of the orders, competence and fast service.
The Bank offers:
- Security in keeping the assets;
- Reliable settlement of the assets under custody management;
- Realisation of the rights of the customer in all corporate events concerning the securities under custody management;
- Timely collection of the yield on investments;
- Checking and calculating the net value of assets for collective investment schemes;
- Reports complying with the needs of customers.
Advantages of using the custody services of Municipal Bank PLC:
- Maximum security and minimum risk – strict internal procedures for processing security deals and strictly regulated access to the data through application of the Chinese Wall Principle;
- High process automation;
- Contacts and relations with big institutional investors (pension insurance companies, collective investment schemes, insurance companies) and banks;
- Intensive contacts with different foreign counterparties;
- Accounts of the Bank with large international depository institutions;
- Specialists with excellent training in the sphere of custody services as a result of the long practice and international experience gathered.
Additional services:
- Receiving dividends, principals and/or interests in the name and for the account of customers of the Bank;
- Corporate actions at the order of the customer, including voting at general shareholders’ or bondholders’ meetings;
- Providing current market information;
- Other services agreed upon with the customer.