As part of our expansion of operations and offered services, we have concluded in the signing of an important agreement with Deutsche Bank AG London Branch for the provision of custody services to our clients. The prestigious cooperation with one of the world's leading Custodians reflects the leading status in the field of Fund Administration that we seek to maintain.
The agreement foresees for the appointment of Deutsche Bank AG, London Branch as the Custodian for our Funds.
Most importantly, the inclusion of a prestigious brand name among the service providers promotes the status and safety ratings of our Fund clients.
The abovementioned agreement constitutes a great success for our Company given that the counterparty is part of Deutsche Bank AG, one of the world's leading banks with more than 100,000 employees in over 70 countries, and a large presence in Europe, the Americas, Asia-Pacific and the emerging markets. In addition, the fact that such custodian services are provided through a banking institution belonging to a large group with worldwide recognition and years of experience in the industry, providing Custody, Administrator and Broker services allows us to serve our customers a wide range of fund related services with the highest level of reliability and quality that can only be expected by the best Fund Administrators.
