VTB Bank Custody received Global Custodian Award
VTB Bank Custody participated in Global Custodian magazine’s annual Agent Banks in Emerging Markets survey. The purpose of the survey is to outline and evaluate the service concerns of international investors.
Rated categories in the Survey in 2019 were: Relationship management, Client service, Account management, Asset safety, Risk management, Regulation and compliance, Innovation, Asset servicing, Pricing, Technology, Future relationship.
Based on the estimates provided by foreign customers during the 2019 survey, VTB Bank Custody received Category, Market and Global Outperformer status in the Russian market across 11 categories. This means that the overall score received by VTB Bank Custody exceeds the average overall score for all Russian depositories participating in the survey.
Following the results of the Survey, Global Custodian issues Accreditations for the outperformers which are designed to recognize and promote genuinely superior performance among different service providers and serve as the official mark of excellence for those winners.
“We would like to thank our clients for such a high appreciation of our performance and to assure that an ongoing perfection of client service and custody products remains the key priority for our team,” said Nadezhda Ushakova, Head of VTB Bank Custody.
Global Custodian is a magazine, with a circulation of 20’000 investment professionals around the world, which is defined by high-quality editorial and a series of annual surveys that have become benchmarks for the international securities services industry. Global Custodian magazine and its website GlobalCustodian.com are focused distribution vehicles for advertisers and sponsors wishing to reach and influence key decision-makers in the custody, fund administration, central securities depositary, hedge fund, prime brokerage, repo, securities lending, securities financing and collateral management industries.