The Commission on Securities of the BIH Federation (FBH) awarded Hypo Alpe-Adria-Bank Mostar a licence for carrying out custody service operations at the FBH securities market. Introducing custody represents a significant signal for the development of the capital market and enhances trust among foreign investors that investment in FBH is a worthwhile venture, Hypo Alpe-Adria-Bank Mostar reported.Custody operations mean tutorship over securities of a client, i.e. care on all important events that might influence his portfolio (property). Services are mainly formed of keeping and registration of securities, balancing and gathering of revenues according to ownership over securities, and following of corporate activities in clients issuers.
According to Hypo Alpe-Adria-Bank deputy director Mirzet Ribic, Hypo Alpe-Adria-Bank is classified among the most important participants on the capital market, and as such it tries to fulfil all needs of its investors through a wide range of services.
Hypo Alpe-Adria-Bank Banja Luka is a member of the Austrian Hypo Group Alpe Adria whose mother bank was founded in 1896 in Klagenfurt, and which operates in 11 countries of the region Alps - Mediterranean (Austria, Italy, Germany, Liechtenstein, Slovenia, Croatia, BIH, Serbia, Montenegro, Macedonia and Bulgaria), and through branch offices in London, Brussels and Budapest.
Hypo Alpe Adria Group in BIH offers to its clients full service through Hypo Leasing, securities, Invest and consultants, and operates through over 80 organisational units in BIH. (Croatiabiz.com)