Veles Capital IC Named among TOP-10 Russian Investment Companies
OREANDA-NEWS. On 19 June 2008 was announced, that Veles Capital IC is named in TOP-10 rating of the largest Russian investment companies in 2007. The annual rating is published by Kommersant Den’gi magazine – one of the leading Russian business magazines. The company’s total turnover of securities increased + 66% and formed 2,6 trillion RUR (\\\\$ 106 bn). More than 88% of total turnover formed operations with promissory notes and bonds.
Veles Capital IC is rated as No 1 on the promissory notes market in 2007. The turnover on this market formed 1,3 trillion RUR (\\\\$53 bn). Also the company is rated in TOP-3 amongst largest operators of bond market (the turnover exceed 1 trillion RUR – \\\\$43,5 bn) and in TOP-20 amongst largest stock market operators (the turnover formed 275 bn RUR - \\\\$10,6 bn).
Veles Capital is also rated in TOP-15 amongst largest exchange operators (turnover formed 1,3 trillion RUR - \\\\$53 bn), TOP-15 amongst largest stock market dealers (turnover formed 934 bn RUR - \\\\$39 bn) and TOP-15 amongst most profitable market players (net profit formed 98,9 mn RUR - \\\\$402 914).
Veles Capital IC has been operating on the Russian financial market since 1995. The company renders brokerage services on stock and debt market in Russia and abroad, trust management and corporate finance services, find raising for corporate clients. Veles Capital group consist also of such companies as Veles Management Asset Management company, Veles Capital Development, Veles Lex Law company, Veles Leasing, Veles Personnel HR-company. Veles Capital IC has representative offices in Ukraine and Cyprus.
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