Four Serbian pension funds have mandated Societe Generale Securities Services to act as their custodian and depository bank.
Delta Generali Basic, Delta Generali Index, DDOR Garant Štednja and DDOR Garant Ekvilibrio issued the mandates.
The pension funds will enjoy custody and depository bank services for fund monitoring and trustee services, to ensure they comply with Serbian regulations.
Societe Generale provides European pension funds with a service based on asset protection, performance and reporting.
Pascal Jacquemin, deputy head of the international department at Societe Generale Securities Services, said: “These four mandates clearly position [us] as a leader in the pension funds market in Serbia and show our commitment to the Serbian market.”
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