Belagroprombank Signed Custody Agreement with Commerzbank
OREANDA-NEWS. November 27, 2012. JSC “Belagroprombank” held a meeting with representatives of leading German credit institution Commerzbank AG. The banks signed a custody (depositary) agreement within the course of the meeting, reported the press-centre of Belagroprombank.
Cooperation with Commerzbank AG in this sphere will allow JSC “Belagroprombank” to expand its investment activity on foreign markets and offer its clients mechanisms for free cash assets investment into highly liquid instruments of international financial market.
Therefore, JSC “Belagroprombank” finalized the process of creating the infrastructure of entrusted administration of assets and building-up of the service in the sphere of the investment banking.
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