Glossary entry (derived from question below)
English term or phrase:
sub-custodian bank
Romanian translation:
bancă sub-custode / custode local
Added to glossary by
Lavinia Pirlog
Jun 17, 2011 05:09
13 yrs ago
14 viewers *
English term
Romania
Romanian Spanish English French Trados
Native in: Romanian
Works in: Spanish to Romanian, English to Romanian, Romanian to Spanish, and 3 more.
sub-custodian bank
English to Romanian
Bus/Financial
Finance (general)
One special type of custodian bank is known as an agent bank or sub-custodian bank. This designation is normally associated with banking functions in the United States. In this scenario, the sub-custodian bank is a financial institution that is located outside the borders of the United States or its territories. Their function is especially important when it comes to American Depositary Receipts, or ADRs.
Proposed translations
(Romanian)
| 4 +2 | bancă sub-custode / custode local |
Mihaela Buruiana
|
Proposed translations
+2
1 hr
Mihaela Buruiana
Romania
Romania
Native in Romanian
Specializes in field
Romania
Business translations and localization
Native in: Romanian (Variant: Romania) 
Works in: English to Romanian, French to Romanian, Romanian to English
Related KudoZ points
:
112
Selected
bancă sub-custode / custode local
Am văzut că este folosită denumirea aceasta de câteva instituţii de referinţă (Citi Bank, ING etc.).
Altfel, custode local sau bancă custode locală (Raiffeisen, CNVM etc.).
Ex:
Astfel, prin subsidiarele Raiffeisen Bank vor putea subscrie persoanele fizice rezidente sau nerezidente in Romania si persoane juridice rezidente care nu au incheiat un contract de custodie cu un custode local.
Altfel, custode local sau bancă custode locală (Raiffeisen, CNVM etc.).
Ex:
Astfel, prin subsidiarele Raiffeisen Bank vor putea subscrie persoanele fizice rezidente sau nerezidente in Romania si persoane juridice rezidente care nu au incheiat un contract de custodie cu un custode local.
Example sentence:
Acest produs nu este disponibil pentru clientii persoane fizice, sau pentru clientii cu portofoliu de investitii, care necesita un sub-custode in afara retelei existente a custodelui nostru global - Citibank N.A. London
ING Bank a lansat servicii de custodie in Romania in decembrie 1996, grupul ING devenind cel mai important sub-custode din Romania dupa criteriul activelor investitorilor straini aflate in custodia bancii.
4 KudoZ points awarded for this answer.
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