OREANDA-NEWS. June 30, 2014. Rosbank (Societe Generale Securities Services Russia) was named the best sub-custodian in Russia in Global Finance magazine's annual ranking of the “World's Best Sub-Custodian Banks”.

The full award results will be published in the July/August edition of Global Finance.

The Global Finance sub-custody survey recognizes market excellence in the effective asset servicing of global custodians in regional and local markets. The Global Finance’s editors and reporters with input from expert sources selected the winners from institutions that reliably provide the best quality custody services. The assessed criteria included customer relations, quality of service, competitive pricing, smooth handling of exception items, technology platforms, post-settlement operations, business continuity plans and knowledge of local regulations and practices.

“The estimation of Global Finance magazine is very important for us. The “World's Best Sub-Custodian Banks” ranking is composed on the basis of complex analysis of custody services providers. This award is acknowledgement of our efforts on development of the high quality services”, said Mikhail Bratanov, Head of Societe Generale Securities Services Russia.