Veles Capital's Depositary Is Ranked among TOP-10
OREANDA-NEWS. Depositary rating was prepared by the Infrastructural Institute Foundation for Financial Research Development (INFI) in cooperation with Professional Association of Registrars, Transfer Agents and Depositaries (PARTAD).
Veles Capital occupied the 10th position among the largest depositaries with the volume of depositors'securities about 716,3 million EUR (32,2 billion RUR), where 194 million EUR (8,7 billion RUR) are the stocks, 264,9 million EUR (11,9 billion RUR) are the bonds and 257,2 million EUR ( 11,5 billion RUR) are the shares.
The Company maintained the third position among the largest depositaries - non-credit institutions with the volume of deposited securities under 30 billion RUR by the coverage factor (CF) that amounted to 5.9%.
The full version of rating is available at the site of the Infrastructural Institute Foundation for Financial Research Development (INFI).
Veles Capital Investment Company has been operating in the Russian capital market since 1995 and renders financial services for corporate and private clients on stock market as well as in the sphere of private equity and real estate investment. Veles Capital is one of the only few Russian investment companies rated by international rating agency S&P (В+/B/RuA credit rating, outlook stable; upgraded in December 2013). The company has also highest reliability rating ААA by National Rating Agency (upgraded in March 2014).
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