In 2020, net profit increased by 14.6% and amounted to more than RUB 4.2 billion in accordance with IFRS. Fee and commission income reached RUB 7.5 billion (+ 23.5%).
2020 demonstrated increased stock market volatility, as a result of which there was a growth of transactions and balances under custody. On the one hand, this increased the load on infrastructure; on the other hand, it was a growth driver of the Company’s fee and commission income, which reached new historical peaks.
In 2020, value of securities under custody reached RUB 63.6 trillion — this was a 20.8% increase as compared with 2019 (RUB 52.67 trillion). The total number of securities issues (ISIN) serviced by NSD grew 13.6% — from 23.4 thousand in 2019 to 26.6 thousand in 2020. The number of securities issues of foreign issuers and Eurobonds issued by Russia’s Ministry of Finance grew 17.4% — to 18.2 thousand (15.5 thousand issues in 2019).
The value of federal loan bond (OFZ) balances in accounts with NSD was RUB 13.7 trillion; this was 52.9% more than in 2019.
The value of OFZ balances in foreign nominee accounts with NSD increased 10.7% Y-o-Y and reached RUB 3.1 trillion (RUB 2.8 trillion in 2019).
In 2020, the number of OTC DVP trades cleared by NSD stood at 422.7 thousand (+47.6%). The value of transactions increased to RUB 15 trillion — by 60.6% against 2019. In 2020, clearing participants submitted instructions in such currencies as USD, RUB, GBP, EUR, and CHF.
54 commercial paper issues of 30 issuers valued, in aggregate, at RUB 446.96 billion, were registered. Maturity of the issues varied from 9 months to 10 years. In 2020, 11 commercial paper programs with a total value of RUB 817.7 billion were registered.
NSD completed placement of 48 commercial paper issues with a total value of 432.14 billion, redeemed 12 commercial paper issues for a total sum of RUB 2.74 billion, and provided placement of two Eurobond issues of Russia’s Ministry of Finance with a total value of EUR 2 billion.
In 2020, 17,286 corporate actions (CAs) that involved Russian securities were initiated (+9.3% as compared to 2019). Also, 43,610 CAs that involved foreign securities were initiated (36.3% more than in 2019). The increase in the number of corporate actions was mainly due to new securities issues accepted for servicing by NSD. The largest increase in CA number was related to coupon and dividend payments.
For more details, please find NSD’s annual report.