Romania: Change of custodian and account operator - Preliminary information
Further to the decision of Bancpost SA to cease its activity by the end of 2018, Clearstream Banking1 informs customers that BRD Groupe Societe Generale S.A. (BRD) has been appointed as the future custodian and account operator for the Romanian market.
New account operator and custodian details
BRD Groupe Societe Generale S.A. (BRD)
1-7, Ion Mihalache blvd.
Citibank Europe plc, Dublin - Romania Branch will remain Clearstream Banking’s cash correspondent bank for the Romanian Leu (RON).
A customer announcement with more details, including the effective transfer date and cutover details will be published in due course. An updated Market Link Guide – Romania will be available on our website on the effective date to reflect the changes.
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking AG customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.