Global Finance names SEB as Best Securities Services Provider in Latvia

International finance magazine Global Finance has named SEB as the best securities service provider in Latvia in 2016 for the third consecutive year. Similar acknowledgements have been awarded to SEB banks in Lithuania, Estonia and Sweden.

Ints Krasts, member of SEB management board: “Our main achievement in 2015 and 2016 has to be the successful completion of Latvenergo’s green bonds emission in the amount of 100 million euro, which attracted interest from investors across whole Europe. This recognition from international experts also confirms our consistently high quality of daily services in securities area. This allows us to be one of the leading players in Latvia in this market niche: custody of securities and emission of securities for attracting investments.”

Securities and custody services are registration, safekeeping, and processing of client's securities. Winners were selected by Global Finance’s editorial board from the list of institutions that reliably provide the best services in local markets and regions, making use of market research, input from expert sources and entry information from banks.

Selection criteria included customer relations, quality of service, competitive pricing, smooth handling of exception items, technology platforms, post-settlement operations, business continuity plans and knowledge of local regulations and practices.

Global Finance, founded in 1987, has a circulation of 50,000 and readers in 180 countries. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions.

More information on the award by Global Finance is available here.