OREANDA-NEWS. July 14, 2010. Gazprombank established a wholly owned subsidiary – GPB-Financial Services Limited – an investment company regulated by the Cyprus Securities and Exchange Commission. The strategic aim of the company is to provide for GBP Group clients access to global capital markets as well as development of business with international institutional investors.

“For 2010/2011 the company’s tasks are development of broker services, Russian and international securities trade, custodial services, underwriting and investment consulting, highlighted Alexey Obozintsev, GPB Deputy Chairman of the Board. – Owing to the traditions that have set up, the Republic of Cyprus plays an important role in the development Russian financial institutions’ investment business. We are sure that our company has a bright prospective here”.