VAB Bank offers a great variety of reasonably priced services in stock market depository activity and custodianship of securities to holders of stock certificates, bonds, or investment certificates wishing to keep them electronically.
VAB Bank has been among the pioneers of the custody business in Ukraine, offering depository services in the stock market since 1996. VAB is a top-10 custodian in the Ukrainian marked by the most important ratings and is a member of the Inter-regional Stock Union’s Depository and the Professional Association of Registrars and Custodians.
In addition, VAB Bank is happy to announce it has entered into a new contract with the National Depository of Ukraine (NDU) and opened a securities account with NDU, which expands dramatically the spectrum of custodianship services VAB Bank may offer to its customers, that inter alia include custodianship for customers dealing with securities in international stock markets.
VAB Opens VAT Sovereign Bond Accounts as a VAT Refund Agent
VAB is a client of the Ukrainian Central Bank’s depository and an agent for value added tax refund.
Payers of VAT eligible for refund of this tax declared as at 1 May 2010 are invited to open VAT sovereign bond registration and negotiation accounts with VAB Bank.
We Offer Services to:
- legal entities,
- co-investment institutes and investment funds,
- nongovernment retirement funds,
- issuers.
We Service:
- stock,
- corporate bonds,
- local obligation bonds,
Ukrainian sovereign bonds, including those designed as a VAT refund
- instrument,
Ukrainian treasury bonds,
- investment certificates,
- mortgage certificates,
- mortgage bonds,
- real estate fund certificates.
custodianship tariffs for resident legal entities,
custodianship tariffs for non-resident legal entities,
custodianship tariffs for co-investment institutes and investment funds,
custodianship tariffs for nongovernment retirement funds.
Our Tariffs:
Documents Required to Open a Securities Account:
Custodian’s representatives at all VAB Bank offices are authorised to provide customers locally with all documents required, offer them advice on custodianship activity and on documents to be processed in order to open a securities account or issue a securities custodianship order, and transfer documents to the VAB Custodian, maintaining at all times confidentiality of information received.
The VAB Custodian assures opening an account within one business day and offers high-quality and timely performance of customer orders, as well as processing transactions in post-transaction time.
The VAB Bank Custodian offers its customers all types of transactions with securities at reasonable price, geared to attract more new clients. In addition, custodianship services may be provided on a pre-payment basis.
Professional stock market players may count on special tariffs for custodianship services.
Our Advantages:
- special schemes for calculation and re-registration of titles to securities assuring reduction of settlement risks for securities transactions;
qualified personnel experienced to assist both resident and non-resident customers;
- individual approach to each customer;
- keeping customers’ securities accounts in strict accordance with their agreements and orders and in compliance with applicable laws and regulations;
- timely, accurate, and complete reflection of customer transaction orders in custody accounting system;
- timely settlements for securities transactions closed by the customer;
timely collection and distribution of customers’ securities income;
- solid protection of customer assets from loss or unauthorised use;
providing customers timely and accurate information on corporate actions of issuers and performance of related customer orders;
maintaining daily and accurate accounting of facts burdening customers’ securities;
- flexible tariffs for custodianship services.
The VAB Custodian guarantees quality keeping of securities and total confidentiality of information on customers’ securities accounts and transactions in these accounts, as well as qualified advisory support with respect to customer account service.
Please contact the nearest VAB office. We are waiting for you!
Custodian Contact Information:
5а Zoologicheskaya street, Kiev
Tel. (044) 490-06-79
Fax (044) 481-32-78
E-mail: laguna@vab.ua