Access to St. Petersburg Exchange is provided to users of the Gazprombank Investments app. This will enable the bank's customers to effect transactions with foreign securities, Gazprombank informed.
Investors having individual investment accounts and brokerage accounts with GPB Investments LLC will have access to shares of major foreign issuers such as Apple, Tesla, Microsoft, as well as shares of Russian issuers registered under a non-Russian jurisdiction.
No fee is charged for the opening and maintenance of a brokerage account. Fees are only charged for executing orders for the purchase/sale of securities. The fee is set equal to 0.06% of the transaction amount.
Gazprombank (JSC) (GPB, tax number: 7744001497) established in 1990 is among the three largest banks of Russia in terms of financial performance. The bank serves the key industries of the Russian economy (gas, oil, nuclear power, chemistry and petrochemistry, black and non-ferrous metallurgy, electric power, mechanical engineering and metalworking, transport, construction, telecommunications, agriculture, retail.
