FEAS Yearbook FEAS Yearbook 2017 | Page 58

Federation of Euro-Asian Stock Exchanges

Central Depository of Armenia

About Central Depository of Armenia

Services Provided

Custody (including government bonds sub-custody), registry keeping, clearing and settlement, coporate services, information services, pension services (registry keeping, custody, reporting).

International Cooperation

Central Depository of Armenia is a member to the Association of Eurasian Central Securities Depository (AESCD) and Association of National Numbering Agencies (ANNA).

CDA is a partner to the SWIFT international payment system and Reuters information system.

Facts

Established: 2001

CEO: Mr. Vahan Stepanyan

Address: 5b, Mher Mkrtchyan str.,

Yerevan 0010, Armenia

Contact Name: Ms. Hasmik Salnazaryan

Email: [email protected]

Website: www.cda.am

Mr. Vahan Stepanyan,

CEO of Central Depository of Armenia

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The year of 2017 started with a significant event - re-allocation of FEAS's headquarter to Yerevan, Armenia and continued with the membership of the Central Depository of Armenia to the Federation. We strongly believe that FEAS is a great platform for exchange of experience on trading and post-trading infrastructures, ensuring mutually beneficial cooperation for all members of the Federation.

2017 marked with another milestone for Central Depository of Armenia (CDA) and Armenian post-trade industry as a whole, since CDA started to maintain cash accounts. This new service enables CDA's customers to receive income from the securities directly to their accounts at CDA, as well as have settlement with no time limits.

During 2017 CDA enriched its cross-border links with a new important gateway. According to the Agreement signed between CDA and AO Raiffeisenbank (Russia), Raiffeisenbank received the status of direct participant in securities settlement system of CDA and opened a nominee account with it.

Thanks to this nominee account, clients of Raiffeisen Group will have easy access to the services provided by the CDA, which include settlement of securities transactions, corporate services (payment of dividends and interests from securities and etc.) and other services.

Speaking in figures, there are currently more than 2,400 registers kept with CDA, volume of securities placed through the CDA during 2017 amounted USD 993 mln, recording more than 2 times increase compared with 2016 and total volume of assets under custody exceeded AMD 1,7 trillion (USD 3.5 billion).

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