The Central Securities Depository celebrated its 25th anniversary

     The Republican Central Securities Depository was founded in 1995 and, in accordance with the law, is the only central securities depository in the Republic of Belarus. The Central Securities Depository maintains correspondent “depo” accounts of 27 second-tier depositories, more than 20,000 “depo” accounts of issuers and depositors, including the Ministry of Finance and the Development Bank of the Republic of Belarus, acts as a settlement depository for the local stock exchange, provides information, registration and consulting services for securities market. The total volume of securities in centralized custody is more than BYN 65 billion (more than USD 27 billion); more than 100 thousand depository operations are carried out annually.
     The Central Securities Depository has established correspondent relations with depositories of the Russian Federation, Ukraine, Kazakhstan, Armenia, Azerbaijan and Kyrgyzstan. The Central Securities Depository is one of the founding members of the Association of Eurasian Central Securities Depositories (AECSD), a full member of the international Association of National Numbering Agencies (ANNA), a member of the Association of Securities Market Participants of Belarus (ASMPB), performs the functions of the National Numbering Agency on the territory of the Republic of Belarus, assigning ISIN, CFI and FISN international codes to securities. In order to ensure the technical feasibility of integrating the national securities market into the international financial system, the Central Securities Depository has connected to SWIFT - the worldwide interbank information transfer and payment system.
     On the day of the 25th anniversary, a ceremonial event was held at the Central Securities Depository with the Head and the officials of the Ministry of Finance of the Republic of Belarus participating.

     “The key to the successful development of the depository is a high level of trust in it both from the state and participants of the securities market. Confirmation of this is the dynamic growth of clientele and sustainable authority among colleagues, including members of the Association of Eurasian Central Securities Depositories. Reliability of storage, speed of settlements is the corporate identity of the Republican Central Securities Depository,” - Yuri Seliverstov, Minister of Finance, noted in his congratulation.

     During the ceremony a number of employees of the Central Securities Depository were acknowledged for many years of conscientious work and significant personal contribution to the operation of the depository system and awarded with Diplomas and Letters of Appreciations of the Ministry of Finance and the management of the Central Securities Depository.
     Upon receiving congratulations from colleagues and partners, we thank everyone for the high praise of the results of the Central Securities Depository`s work, for our fruitful cooperation and we hope that it will broaden in the future.
     The implementation of new functional and technological development projects, ongoing work to expand the clientele and service and strengthening of the position of the Central Securities Depository in the securities market are some of key plans of the Central Securities Depository.

     The photo report of the event can be found here.