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Why depository in CONCORDBANK is just for you

The bank carries out all types of transactions with securities stipulated by NBU license No. 230 dated 07.11.2011 and licenses of the National Securities and Stock Market Commission (NSSMC):

  • "Professional activities in the stock market - securities trading - Brokerage" (NSSMC perpetual license - series АД No. 034476 dated 18.07.2012);
  • "Professional activities in the stock market - securities trading - Brokerage" (NSSMC perpetual license - series АД No. 034476 dated 18.07.2012);
  • "Professional activities in the stock market - custody business - Depository institution's custody business" (NSSMC perpetual license — No. 1484 dated
  • 18.09.2015).

CONCORDBANK is a member of a number of professional associations:

  • Member of the “Ukrainian Stock Traders" association (certificate No. 033 dated 02.07.2009);
  • Member of the “Professional Association of Capital Markets and Derivatives" (PAMD), (certificate No. 580 dated 07.10.2015).

All operations with securities of depositors are carried out within the National Depository System on the basis of software products of the National Depository of Ukraine and the NBU Depository.

Rates for legal entities

Rates for physical persons

Providing the licensee with access to the premises and the availability of financial services to people with disabilities and low mobility groups

Information for Clients about the need to amend the agreement for servicing the securities account

CONCORDBANK provides a full range of deposit services to legal entities and individuals:

  • Opening an account for securities accounting.
  • Providing holders of securities with statements after each transaction and reports on the movement of securities for a certain period upon request.
  • Accounting for the transfer of securities ownership.
  • Informing the client about all corporate actions of the issuer, the securities of which are recorded on the client's account and providing any information received from the issuer and the depository.
  • Participation in a shareholder meeting on behalf of a client.
  • The receipt of income on securities, which are recorded on the account of the owner of securities in a depository institution, with subsequent transfer to the owner account.
  • Providing information and consulting services on issues of circulation of securities in the National Depository System of Ukraine.

Why a depositary is needed?

Most stock market securities cannot be checked by touch. They are in non-documentary form - in electronic format. When buying stocks or bonds, they need to be taken somewhere, noting the right to own them. For this, a securities account is opened at the depository. It is on this account that securities owned by the owner will be recorded. As a rule, the securities account is opened in the same bank that provides securities purchase and sale services. This is very convenient for the client because all operations take place in one location.

Regulations on the depository activity of Concord

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