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Custody services and registry keeping
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Custody services and registry keeping

ARARATBANK provides custody and registry keeping services of securities and carries out mediation services of the Central Depository.

Find out about ARARATBANK’s procedure on mediation services of Central Depository of the Republic of Armenia here.

Find out about ARARATBANK’s rates of mediation services of Central Depository of the Republic of Armenia here.

ARARATBANK OJSC, acting as an account operator of the Central Depository of the Republic of Armenia, provides the following services to its customers.

Registry keeping services

ARARATBANK offers registry keeping services to Issuers of nominal non-documentary securities through collecting, storing and providing information on registered owners and securities held by them. All transactions with equity, debt and other financial instruments subject to registry are recorded through a unified automated system. Issuers are provided with information on the owners of securities recorded in the registry and transactions made with issued securities.

Placement/Corporate Actions

ARARATBANK offers registration of the issued and placed securities in the securities accounts of the investors. Issuers have the opportunity to register the results of their corporate actions in CDA through the mediation of ARARATBANK, including reorganization, acquisition of any class of securities, conversion, buyback, split, consolidation, etc.

Securities custody services

Within the framework of securities custody, ARARATBANK offers the following services:

  • Maintaining securities accounts of account holders including opening, revision, maintenance and closing of accounts;
  • Registering transfer and pledge/termination of pledge of securities;
  • Providing account holders with statements and other necessary reports.
Securities Custody Service Fees
  Intra-custodial Inter-custodial As a result of brokerage transaction
Securities account opening AMD 1,000
Securities account servicing free
Deposit of securities with clients’ securities accounts free

Transfer of securities

Transfer of foreign securities free AMD 10,000 free
Transfer of corporate securities free according to fees for services rendered by AraratBank OJSC as an Account Operator according to fees for services rendered by AraratBank OJSC as an Account Operator

Blocking and pledge of securities

Blocking/pledge of foreign securities free free free
Blocking/pledge of corporate securities free according to fees for services rendered by AraratBank as an Account Operator according to fees for services rendered by AraratBank as an Account Operator
Blocking of securities for trading free free free

Unblocking and termination of pledge

Unblocking/ termination of pledge of corporate securities free free free
Unblocking/ termination of pledge of foreign securities free according to fees for services provided by AraratBank as an Account Operator according to fees for services provided by AraratBank as an Account Operator
Unblocking/termination of pledge of trading securities free free free

Supplementary services

Provision of account statements and references free
Re-registration of securities free
Calculation and collection of income on securities free
Client representation free
Submission of orders for government bond deals AMD 500 per order

 

 

Sample documents

Below are fee and sample documents for provision of custody and registry keeping services and mediation of services of Central Depository of Armenia by ARARATBANK:

  1. Procedure for provision of securities custody services
  2. Custody services agreement
  3. Order on mediation of services of Central Depository of Armenia by ARARATBANK
Other services

ARARATBANK offers services on issued securities income payment such as dividends, coupon payments and payments related to securities maturity. The Bank mediates control of securities circulation and other restrictions and provision of notification to issuers on transfer and pledge of securities issued by them.

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Page updated 04.04.2022 | 12:18

In case of discrepancy between Armenian and English versions of the information, the priority is given to the Armenian version.