Gazprombank’s Depository, which has unique experience operating in the Russian market, offering its customers a full range of paying agent services related to the disbursement of income on securities. This service is primarily intended for issuers whose shareholder equity is distributed among a large number of minority shareholders.
Gazprombank makes remittances through its own settlement center intended for payments to a large number of beneficiaries. It allows for quick transfers of income to any number of shareholders.
Thanks to its extensive branch and agency network covering most of Russia, Gazprombank is capable of disbursing income virtually anywhere across the country. The Bank may also open a third-party deposit for individual shareholders at any of Gazprombank’s locations.
Gazprombank has over 25 years of experience as a paying agent.
The Bank uses unique software and technology solutions that dramatically reduce timing, labor and financial costs, decrease service rates and enhance service quality.
Gazprombank provides transactional payment records for customers in order to make timely tax calculations. The Bank may also act as a tax agent in dividend distribution.