Cistran Finance Exploring the Spirit of Capitalism's New Frontier

Saturday, January 20, 2018

PJSC First Investment Bank announces new stock market depository license

PJSC First Investment Bank announced that it has received new stock market depository licenses as a result of the "On the Depository System of Ukraine" law that went into effect on Oct. 12.

The licenses are for depository activities, including those of depository institutions, custodians of collective investment institutions and pension fund assets under custody.

"In this regard, we ask customers who are depositors of JSC 'First Investment Bank,' with open securities accounts, to apply to the activities of the depository bank for renewal of the contract of service of a securities account," the bank said.

PJSC First Investment Bank offers a full range of banking services to private and corporate customers.

The bank was registered on June 20, 1997, and is headquartered in Kiev. There are more than of the bank's 30 branches in 11 regions of Ukraine. It has total assets worth more than $111 million and total equity of more than $27 million.