Global Securities Services
Global Securities Services (GSS) is one of the key areas for UniCredit Bank Hungary Zrt., as well as for the UniCredit Banking Group.
The subsidiaries of the UniCredit Banking Group currently offer securities services in 13 countries (Austria, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Hungary, Poland, Romania, Russia, Serbia, Slovakia, Slovenia and Ukraine).
Through the Vienna entity, a few additional CEE markets are also accessible.
UniCredit Bank Hungary Zrt. is one of the market leader investment service providers with its more than 20 years of experience in the custody business and with its significant customer portfolio.
Accordingly, UniCredit Bank Hungary Zrt. is recognized as the bank offering the best quality services on the basis of professional awards won over the years, as well as on the basis of feedbacks from our Customers. In 2014, the Bank again won the “Best Subcustodian Bank in Hungary” award of Global Finance magazine.
Since UniCredit Bank Hungary started providing custodian services, the Bank has paid particular attention to both domestic and foreign Customers, as a result of which it has a wide customer base, which is a key success factor to a long-term market presence.
As a market-leader service provider, we provide full range of global securities services consisting of the followings:
- settlement and clearing services for transactions concluded on the Budapest Stock Exchange and in the Hungarian OTC market, as well as at international exchanges;
- securities account keeping for domestic and foreign securities traded in more than 50 international markets;
- proxy voting services and representation at other corporate actions, events;
- collection of dividends and interests, administration of tax reclaims;
- calculation and checking of net asset value for domestic client groups on a daily/monthly basis, monitoring of statutory limits and the limits set up in individual investment policies;
- management of escrow transactions upon individual agreements.
The Global Securities Services area of UniCredit Bank Hungary Zrt. is at the disposal of its Customers with a highly committed professional team having extensive international experience.
The basis of our business philosophy is to serve the needs of our Customers on a high service level, and to create long-term and mutually successful cooperation through our products and services.