Public Joint Stock Company Best Efforts Bank

Detailed Description

Public Joint Stock Company Best Efforts Bank provides a range of banking services to professional market participants in Russia. It provides special clearing, single cash position, and portfolio margining services; and classical banking services, such as settlement and cash services to legal entities, individual entrepreneurs, individuals in private practice, credit institutions, and individuals, as well as offers deposits and loans to individuals. The company also acts as an intermediary for legal entities; provides custodial services; and offers access to the trading venues of Moscow and Saint-Petersburg Exchanges. In addition, it focuses on IT and outsourcing solutions for its clients. Further, the company offers deposits; brokerage; repo, foreign exchange, and security transaction; cash management and payment services; and remote identification services of the client, as well as back office services for small and medium companies. It serves approximately 40 clients. The company was incorporated in 1990 and is based in Moscow, Russia. Public Joint Stock Company Best Efforts Bank is a subsidiary of Public Joint-Stock Company SAINT PETERSBURG EXCHANGE.