Qatar Central Deposit Company for Securities, the leading deposit in providing deposit and settlement services to investors and companies listed on the Qatar Stock Exchange, announced that 6 of its services are provided to clients within government services centers in Al -Wakra, Al -Rayyan and Al -Hasin, as part of its efforts to achieve the best services and facilitate procedures. The company explained that the six services include the following: issuing a new shareholder number, updating shareholders’ data, issuing certificates to those who are interested in the matter, freezing shares, issuing the account statement to the shareholder, and issuing a share profits.
And «Deposit» is a company to provide services, licensed by the Qatar Financial Markets Authority and is concerned with providing clearing, settlement, saving securities and other financial tools circulating on the Qatar Stock Exchange. In addition, the company aims to provide infrastructure for financial tools within the Qatari market, the regional market and outside the region as well.
A “deposit” is also one of the leading institutions in providing deposit and settlement services to investors and listed companies, as it continues its efforts to enhance transparency and efficiency within the financial system in the State of Qatar.
The company’s activities include conservation, management, possession, clearing, settlement of securities and their derivatives, providing relevant financial services, which also include registration and acceptance of government bonds and treasury permissions and transferring their ownership, applying the delivery mechanism for payment (DVP) and applying the lending and borrowing system, managing and following up the rates of ownership of non -Qatari shareholders, registering and accepting investment funds (ETF’s) and participating in initial subscriptions (IPO’s).
