According to this year’s survey Agent Bank in Frontier Markets by US publication “Global Custodian Magazine”, Vojvodjanska banka is the best bank in Serbia in providing custody services to foreign financial institutions, i.e. keeping and administering their securities.
“Global Custodian Magazine” is a leading world magazine in monitoring operations with securities globally. This prestigious recognition has been awarded to Vojvodjanska banka for the fifth consecutive year, upon being evaluated by foreign clients as the best in all segments and all countries where the survey had been conducted.
“The fifth recognition in a row by one of the most influential world magazines is a great honor for us, but also confirmation that we have maintained our leader position in providing custody services. We have received the highest scores and achieved best results in these countries. We shall continue the policy of most efficient keeping and administering securities. We will build and maintain strong relationships with clients and persevere in developing the most advanced systems for providing services, in order to once again be the best next year and in the top of this important list”, stated Xenofon Damaskos, member of the Executive Board of Vojvodjanska banka.
Within the traditional survey of “Global Custodian Magazine” clients, i.e. foreign financial institutions assess each year the quality, services, security, efficiency and professionalism of banks in providing custody services.
These services encompass keeping and administering securities and related financial resources, then revenue collection and complex corporate services arising from the ownership of domestic or foreign securities.