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Ardshinbank becomes account operator of securities settlement system

28.09.2017 17:27

Ardshinbank becomes account operator of securities settlement system

YEREVAN, September 28. /ARKA/. On September 27, 2017 Ardshinbank CJSC was granted the status of securities settlement system account operator, thanks to which, hereinafter, services of “Central Depository of Armenia” OJSC (CDA) will be available through Ardshinbank, specifically all the services related to security's registry keeping and safekeeping. Ardshinbank has joined the list of 17 Account operators of depository system, Nasdaq OMX Armenia stock exchange said today.

In March 2013 the CDA launched a new business model of depository system in Armenia, according to which registry keeping of joint-stock companies and securities custody services will be provided to customers via account operators - investment companies and banks - which signed the relevant agreement with the CDA.

Since April 2013 Ardshinbank has also been a regulated market settlement system member (RMSSM), which enables the Bank to serve exchange transactions.

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