OREANDA-NEWS. On 28 July 2009 was announced, that the renowned magazine Global Investor has named UniCredit Group member of which is Ukrsotsbank the Best Sub-Custodian 2009 in 9 Central Eastern European Countries. Decisive factor in winning this award included, market share, extensive coverage, customer service, technology, execution skills and client-specific implementations.

“This award underlines our strength in custodian business which derives from our ability to combine local know-how with extensive expertise resulting in innovative solutions and products. Moreover we are able to offer these solutions locally to our clients thanks to our leading position in CEE with more than 4,000 branches in this region,” says Marco Bolgiani, Head of Global Transaction Banking at UniCredit Group.

With over 80 billion EUR institutional client assets under custody in 14 markets, UniCredit Group has been the #1 securities services provider in Central and Eastern Europe in the past decade.

“UniCredit Group has been offering Custody and Securities services with a special focus on the activities of wholesale clients in Central and Eastern Europe since 1992 and has not only acquired an in-depth knowledge of these markets but also has played a leading role in creating an investor friendly environment by intensive cooperation with the local authorities in these markets” says Attila Szalay-Berzeviczy, Head of Global Securities Services at UniCredit Group.

TheGlobal Securities Services business is a core product line of the Global Transaction Banking Unit of UniCredit Group whose strategy is to permanently strengthen and extend its services in CEE countries in addition to implementing solutions which fully meet the requirements of international clients. These improvements cover system enhancements, product development and quality standards of services.

Sergio Ermotti, Deputy CEO of UniCredit Group: "Our Group now looks forward to further strengthen the Global Securities Services business, in order to retain our leading position“.

UniCredit Group’s strong position in the securities services industry in the CEE region and its international reputation as the leader sub custodian in the region are a solid basis for this ongoing extension of activities across the region.