OREANDA-NEWS. On 07 May 2009 was announced, that Veles Capital IC awarded Financial Olymp 2008 in “largest investment companies / potential and perspective” category. The awarding ceremony took place April 28 in Council of Federation of the Federal Assembly of the Russian Federation.

Veles Capital CEO Aleksey Gnedovsky said: “We are very pleased to award such a honorable prize. We are glad that Russian business community saw the Veles Capital’s high potential and positive development dynamics of the main financial data, wide range of available services and strong positions on the Russian market. In spite of the hard financial situation, Veles Capital has no defaulted obligations. We increased the authorized capital thus demonstrating our possibility to resist the external risks. We also enlarged the list of available investment instruments on debt market and added Eurobonds and currency promissory notes in the list of out services thus opening new possibilities for our clients. We understand that awarding the highest Russian financial award is a big honor as the success of the winners set a very high working standards for all companies operating on the financial market".

Financial Olymp was founded in 1995 and is one of the Russian oldest financial awards. Among the prize winners are banks, investment companies, and insurance companies. The winners are defined in more then 10 categories with 3 sub-categories in each of them: “result and success”, “dynamics and efficiency”, ”potential and perspective”. The winners are identified on the base of National Financial Rating data with participation of Expert and Supervisory councils, which are formed of government officials, legislative and executive authorities, consulting and audit companies.

Veles Capital IC has been operating on the Russian financial market since 1995 and is rated in the TOP-10 amongst Russian investment companies by total turnover of securities. The company is leader of the promissory notes market, is rated in the TOP-3 amongst largest operators of bonds market, TOP-10 amongst largest operators of stocks market. The company renders trust management and brokerage services in Russia and abroad on stocks and debt market, corporate finance and strategic investments projects, protects interests of investors, who hold defaulted securities.