OREANDA-NEWS. September 20, 2012. Veles Capital Investment Company’s depositary entered TOP-20 depositaries by market value of securities and kept the highest AAA depositary reliability rating. These results are published at the National depositaries reliability rating of 2011 prepared by the Infrastructural Institute Foundation for Financial Research Development (INFI) in cooperation with PARTAD.

Veles Capital occupied the 18th position among the largest depositaries with the volume of depositors’ securities about 24 billion RUR, where 19 billion are the shares. Since 2008 the number of depositors at the Veles Capital depositary has grown in 4 times and exceeded 2.5 thousand by the end of 2011.

The Company maintained the third position of the largest depositaries – non-credit institutions with the volume of deposited securities under 30 billion RUR by the coverage factor (CF), that amounted to 8.23% (the CF is calculated by dividing the sum of its own capital and insurance cover on the market value of deposited securities.

National depositaries reliability rating is performed using information submitted by depositary service providers to PARTAD database and is available at the site of the Infrastructural Institute Foundation for Financial Research Development (INFI).

Veles Capital IC has been operating on the financial market since 1995, providing major services to investors on the securities market, equity capital market and real estate sector. Veles Capital brand name unites investment and asset management companies, development and consulting businesses in Russia, Ukraine and Cyprus. Veles Capital Investment company is ranked among TOP-10 Russian investment companies by total turnover of securities. Veles Capital is one of the few Russian investment companies with the reliability rating of the international rating agency Standard & Poor’s, which has been raised in December, 2011 to the “B/B/ruA-” level with stable forecast. National Rating Agency (NRA) also has assigned to Veles Capital “AA+” rating (very high reliability, first level). Veles Capital brand unites Veles Management Asset Management company, Veles Development company, Veles Lex law firm, Veles Personnel HR-company, Veles Pharma pharmaceutical company and subsidiary companies in Ukraine and Cyprus.