MOSCOW – "The National Depository Center" (Closed Joint Stock Company) (NDC), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, reports that it has won a prize “For Development of EDI in 2009” in a Professional Contest “Infrastructural Institute-2009” held by Professional Association of Registrars, Transfer Agents and Depositories (PARTAD) jointly with Securities Market (Rynok Tsennykh Bumag) Magazine. The award ceremony has been held on 20 May in Minsk, Belarus.
NDC has been also awarded honorary diplomas “Infrastructural Institute-2009”, “For High Quality Services in 2009” and ”For Contribution into Improvement of PARTAD’s Regulations and Standards in 2009.”
Among organizations nominated to the prize “For Development of EDI in 2009” were settlement institutions which achieved great success in the sphere of EDI technologies development and implementation.
NDC is a leading depository with regard to EDI organization between depositories, registrars and other stock market participants. NDC gradually increases EDI share in its document flow; the company expanded a number of its contractors using EDI for 2009 by 8 registrars and 5 specialized depositories. Share of NDC’s operations in registers of joint stock companies using EDI reached 87% of all NDC’s operations in joint stock companies’ registers.
About NDC
"The National Depository Center" (Closed Joint Stock Company) is the largest settlement depository in Russia, servicing on-exchange and OTC transactions with all types of debt and equity securities of Russian issuers. NDC provides storage of global certificates and depository accounting for 99% of corporate bond issues, sub-federal and municipal bond issues. It services 100% of transactions conducted in the federal bond and the Bank of Russia bond markets, more than 99% of transactions conducted in the corporate and regional bond markets, the majority of transactions with equities and also services UIT units and Eurobonds. The international rating agency Thomas Murray has assigned NDC an АА- rating as a central depository. NDC is Russia's national numbering agency, and the substitute numbering agency for the CIS, authorized to assign the international ISIN and CFI codes.
Among NDC’s shareholders are MICEX (50,1727% of shares), Bank of Russia (42,2997% of shares) as well as GPB (OJSC) (Gazprombank), Evrofinance Mosnarbank, “ROSBANK” (OJSC JSCB), JSC VTB Bank, Bank of Moscow, JSC «ROSSIYSKIY KREDIT BANK», Vnesheconombank, “ING BANK (EURASIA) ZAO”, CB “J.P. Morgan Bank International” (LLC), ZAO UniCredit Bank, Deutsche Bank Ltd, and Sberbank. NDC has stakes in Depository Clearing Company CJSC (37.29%) and in Settlement Depository Company CJSC (28.54%).
For further information about NDC: www.ndc.ru, or NDC Public Affairs Division: +7 495 232 0910,