WestLB AG, a German financial services providers and the central institution for the savings banks in North Rhine-Westphalia and Brandenburg, has appointed BNP Paribas Securities Services as asset servicing provider in Hungary and Poland.
BNP Paribas Securities Services will support WestLBs business directly with its newly opened branches in Hungary and Poland. Previously, BNP Paribas serviced the WestLB Group via their German branch.
Pierre Jond, Head of Global Sales & Relationship Management Financial Intermediaries, BNP Paribas Securities Services, said: “We welcome West LB on board in Poland and Hungary and we are confident that our quality service and customised approach will lead to a fruitful co-operation, further enhancing the already strong relationship between our two institutions.”