Citibank in Ukraine securities services tie-up

UKRAINE – Citibank Worldwide Securities Services (CWSS) has expanded its presence in Eastern Europe with the appointment of ING Bank Ukraine as its agent bank in Ukraine.

The new move means that CWSS, alongside the Ukraine, now has a presence in Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, Slovenia and Yugoslavia.

According to CWSS, Ukraine has an established securities market infrastructure with a central depository providing DVP/RVP equities and bonds settlement.

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