Sberbank offers a wide range of custody services:
- Opening all types of custody accounts necessary for accounting and transferring rights to Russian and foreign securities;
- Safekeeping and accounting the ownership rights to securities, including documentary/non-equity securities;
- Conducting depository transactions with securities, including the use of correspondent custody accounts of Sberbank at the Euroclear and Clearstream international clearing and settlement centres;
- Securities encumbrance: execution and accounting of pledge operations;
- Corporate actions of issuers: consolidation, conversion, split, proxy voting at AGM/EGM, etc;
- Distribution of income from securities, redemptions of securities and coupon payments.
Sberbank Custody is acting as sub-custodian for J.P. Morgan, The Bank of New York Mellon, and Citigroup, providing them with safekeeping and settlement services with respect to Russian shares underlying depositary receipts (ADRs/GDRs).
As of August 1, 2016, Sberbank Custody is servicing 55 ADR/GDR programs of 32 Russian issuers, including: Sberbank of Russia, Magnit, MTS, Rosneft, MegaFon, Tatneft, Surgutneftegas, TMK, Gazprom Neft, Pharmstandard, Rostelecom, Cherkizovo Group, MMK, NCSP Group, JSFC Sistema, NOVATEK, and others.
Sberbank custody services is one of the largest banking custody operations in Russia. It offers its clients (residents and nonresidents of the Russian Federation) a full range of custody services for the securities of Russian and foreign issuers across all regions of Russia. Sberbank has been conducting custody operations since 1997.
Sberbank has an extensive branch network in Russia and servcies more than 390,000 custody accounts.
Clients of Sberbank custody services can place depository instructions and receive reports on the execution of operations in person in more than 70 branches of the Bank across the country. Various types of remote services, including the Bank-Client system, SWIFT and Sberbank EDI system, are used to share information with clients.
Depository record-keeping is carried out in a centralized automated information system developed by Sberbank. This system meets all requirements for custody account management in Russia, and has a high degree of security and a high fail-safe level. The system’s information security measures meet to the highest standards and ensure security and confidentiality of information. The system’s high efficiency has been repeatedly confirmed, in particular, during the people's IPO of Rosneft and Sberbank.
Clients’ evaluation of Sberbank of Russia Custody Services
Following the results of the research on the range and quality of custody services carried out annually by the international magazine “Global Custodian” among clients of depositories, Sberbank of Russia Custody Services has once again confirmed its leading position vis-a-vis other competitors in the Russian market and was recognized among the best in emerging markets in the world. Sberbank of Russia Custody Services has gained high rating scores in all six categories of services for which the research of the Russian market was conducted and has been awarded: Category Outperformer, Market Outperformer, and Global Outperformer (for more information please click on the logo below):
License of professional participants in the securities market for carrying out depository operations No. 077-02768-000100 dated November 8, 2000 (issued for an indefinite term).
The Sberbank Depository has established correspondent relations with the major depositaries and registers. The Bank’s partners include:
Depositaries: Euroclear, Clearstream, National Settlement Depository (NSD), VTB Bank, Vnesheconombank, Gazprombank Open Joint-Stock bank, and others.
Registers: Company STATUS, JSC DRAGa, Reestr-RN LLC, IRKOL, NIKoil Register, RОST Register, Reestr, М-Reestr, New Register, Paritet RDC, Service-Reestr, Reestr-Service Specialized Register, MRC, ORK, PRC, Computershare Registrar and others.
Financial Markets Service of the Bank of Russia
Address: 9 Leninsky Prospekt, 119991, Moscow, GSP-1, Russia
Phone: +7 (495) 935-87-90, fax: +7 (495) 935-87-91.
To reach a Custody Services representative by phone or fax, please dial our switchboard on +7 (495) 665-56-00 or +7 (495) 669-09-99.
After the system’s greeting, please dial in tone mode (to switch press *) a 5-digit extension and press #.
Managing Director, Director of Custody Services: Yury Dubin
Tel. Ext.: 11-765; Fax Ext.: 13-765
Direct Line: +7 (495) 957-57-65; Direct Fax: +7 (495) 747-37-85
Executive Director, Deputy Director of Custody Services: Igor Zhelezny
Tel. Ext.: 11-886; Fax. Ext.: 13-765
Direct Line: +7 (495) 957-58-86; Direct Fax: +7 (495) 747-37-85
Head of Business Support Department: Irina Ryazantseva
Tel. Ext.: 12-328; Fax Ext.: 13-765
Head of Network and Corporate Actions Department: Irina Bystrova
Tel. Ext.: 14-935; Fax Ext.: 13-765
Head of Client Service Department: Tatiana Drozdova
Tel. Ext.: 11-976; Fax Ext.: 13-976
International Projects: Karen Papoyan
Tel. Ext.: 11-765; Fax Ext.: 13-765