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NAB AS named ‘Best Sub-Custodian’
National Australia Bank's (NAB's) custody arm, NAB Asset Servicing (AS), has been named "Best Sub-Custodian — Australia and New Zealand" for the third year by Global Finance.
The award was announced in the lead up to Global Finance's fifth annual Transaction Processing Awards in Switzerland on 28 September.
NAB AS executive general manager, John Comito, said the award recognised the firm's on-ground support and expertise in the region.
Publisher and editorial director of Global Finance, Joseph Giarraputo, said with current global uncertainty, both corporates and individuals were looking for financial partners that would help them through the period of doubt.
"The banks that we recognise with these awards are those best placed to help their clients to successfully navigate these murky waters. They routinely outperform their peers and provide unrivalled service to clients," he said.
NAB AS recently won contracts with Perennial Value Management, APN Funds Management, and Optimal Funds Management.
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