Gazprombank’s Depository is one of the largest in the Russian depositary services market, with a vast regional network that provides depositary services virtually anywhere in the country.
The Bank’s Depository was assigned an AAA rating and ranks first among the Top 30 largest Russian depositories in terms of the market value of securities services provided 
Number of custody accounts serviced – over 430,000.
The number of issuers whose securities are serviced by Gazprombank exceeds 1250.
The Bank holds accounts in the international clearing centers of Euroclear Bank and Clearstream Banking, as well as in Central Depository of Russia (National Settlement Depository).
Gazprombank's Depository is the Russian custodian of The Bank of New York Mellon under GDR and ADR programs that makes it possible to arrange comprehensive infrastructure support for IPOs of Russian issuers (as well as issuing ADRs and GDRs to them) followed by market making.
 According to the PARTAD National Depositary Reliability Rating in 2017.
Gazprombank's Depository offers a broad range of depositary services, such as:
In order to ensure that the owners of the securities properly exercise their rights to the securities they own, Gazprombank’s Depository performs the following actions:
Bank GPB (JSC) offers services of a specialized depositary under License for the activities of specialized depository of investment funds, mutual investment funds and private pension funds No. 22-000-0-00021 issued by the Federal Securities Commission of Russia on December 13, 2000, and professional securities market player license for depository activities No. 177-04464-000100 issued by the Federal Securities Commission of Russia on January 10, 2001.
The developed infrastructure established by Bank GPB (JSC), including Russia’s largest regional depositary network, ensuring the most efficient, rapid and productive cooperation, allows the Bank’s Specialized Depository to offer a wide range of services to corporation in all Russian regions, such as:
The specialized depository of Bank GPB (JSC):
TELEPHONE +7 (495) 913-7408
TELEPHONE +7 (499) 238-0314
ADDRESS 2nd Verkny Mikhailovsky proezd 9, bldg. 11, Moscow, 115419
Options for assistance in exercising certain corporate rights on foreign securities. Options for Depositors to participate in corporate actions, tax relief verification (WTRC) and partial tax refund (TREC) for depositary receipts on shares of Russian issuers.
Gazprombank’s Depository notifies Depositors that WTRC and TREC have been carried out for depositary receipts on shares of Russian issuers. Depositors are entitled to exercise their right to lower tax to the rate specified in the agreement between the taxpayer and the Russian authorities on taxation, which envisages a reduced tax rate for non-residents of the Russian Federation, or the rate provided for in the respective article of the Tax Code of the Russian Federation for residents of Russia.
In order to obtain a tax break, Depositors who hold securities accounts for a nominal holder, a foreign nominal holder, an authorized foreign holder, a trustee (a professional securities market player) should provide general information on their customers as of the date when a Russian organization defines persons who are eligible to receive dividends. The aggregate data is submitted to the Depository no later than the next business day following the date when the list of persons entitled to receive dividends is compiled. Aggregate data is provided in a special application form (f. ZV-DR) via SWIFT channels (MT599 format)/EDM (given that an agreement on electronic document exchange is in place)/ in hard copy.
If the aggregate data is transmitted by the Depositor to the Depository via SWIFT channels (MT599 format):
In order to obtain a tax break, individual Depositors who are not tax residents of the Russian Federation should submit:
Documents are submitted for each tax period (one calendar year) up to the initial date of income payment, but no later than one business day from the date on which the list of persons entitled to receive income on securities is compiled.
In order to obtain a tax break, Depositors who are Russian corporations or individuals and are tax residents of the Russian Federation, should submit an application using the ZV-DR-VL form, which is valid indefinitely or until its cancellation by filing in a ZV-DR-VL application form.
To be eligible for a tax break, Depositors who are foreign organizations that do not perform business activities in the Russian Federation through a permanent establishment and apply for the use of preferential tax rates provided for in the treaty on avoidance of double taxation, should submit the following documents:
After the tax agent pays taxes to the budget of the Russian Federation, any overpaid tax is refunded in accordance with the procedure provided for in the Tax Code of the Russian Federation.
Gazprombank’s Depository Center is the unrivaled leader in the Russian depository services market, having been assigned the highest reliability rating (AAA). Gazprombank’s depository network is truly unique within Russia as regards both the number of shareholders serviced and the number of affiliated regional depositories. All of the Depository Center’s resources and capabilities are put to work for our customers who can tap into our state-of-the-art services virtually anywhere in the country.
Gazprombank’s depository has been operating since 1994 and is currently the leader among Russia’s major custodial depositories.
Advantages of Gazprombank’s Depository
The high technological level of the depository makes it possible for security sales transactions to be performed within the shortest possible timeframe.
Gazprombank’s depository interacts with the settlement depository, while catering to market makers and international clearing centers to enable security sales on all Russian stock exchanges.
Gazprombank offers its customers a complete array of depository services when conducting credit, pledge, REPO, brokerage and dealer transactions.
The Bank’s extensive depository network enables a vast range of depository services to be delivered to customers nationwide.
Gazprombank’s Depositary Center is located at:
2nd Verkny Mikhailovsky proezd 9, bldg. 11, Moscow, 115419
Telephone contact information: +7 (495) 913-74-74