SGSS wins large custody mandate
The EBRD, which is the largest institutional investor in Romania, will develop projects to help Romania in maintaining stability in its financial sector by supporting the further growth of Romanian enterprises and small and medium-sized enterprises.
SGSS will also provide other services, such as settlement on the Romanian market for both exchange and OTC trading, support for major local initial public offerings (IPO) and government securities in the primary market, corporate action services and cash management.
The EBRD is owned by 64 countries and two intergovernmental institutions. It invests primarily in private sector clients whose needs cannot be fully met by the market.
Found this useful?
Take a complimentary trial of the FOW Marketing Intelligence Platform – the comprehensive source of news and analysis across the buy- and sell- side.
Gain access to:
- A single source of in-depth news, insight and analysis across Asset Management, Securities Finance, Custody, Fund Services and Derivatives
- Our interactive database, optimized to enable you to summarise data and build graphs outlining market activity
- Exclusive whitepapers, supplements and industry analysis curated and published by Futures & Options World
- Breaking news, daily and weekly alerts on the markets most relevant to you