OTP banka d.d. re-affirms its status of a leading custodian bank in Croatia
For the seventh year running, Global Investor/ISF magazine declared OTP banka one of the best custodian banks in the Republic of Croatia based on customer ratings, where the bank was rated first in two categories, and the runner-up in the third category.
The Global Investor Magazine’s awards for custodian services are divided into 3 categories: ratings weighted by size of foreign customers’ assets, ratings unweighted by size of foreign customers’ assets, and ratings unweighted by size of domestic customers’ assets.
Over 10 criteria were taken into consideration, amongst which provision of settlement services and corporate actions, quality of market information and information about regulatory changes, and quality of business relationships, which happens to be one of the most important, though the hardest condition to fulfil.
OTP banka d.d. thus achieved the highest score in the category of ratings unweighted by size of foreign customers’ assets (6.62), and unweighted by size of domestic customers’ assets (6.36), whereas in the category of ratings weighted by size of foreign customers’ assets it was ranked second best (3.97).
These outstanding scores confirm that customers continually find OTP banka one of the best providers of custody and safekeeping services.