State Street Bank & Trust Company
State Street has been appointed as SJAM’s global custodian
bank and provides banking and custody services outside Malaysia. Its services
include nominee services and safe custody of shares, with offshore multi-currency
account arrangements to facilitate SJAM's investment activities.
The following are some statistics on State Street :
Operates in more than 26 countries and has a global network in more than 100 financial markets.
Total assets under State Street's custody world-wide is USD10.7 trillion as at March 2006.
Accorded the "Best Custodian" by The Asset magazine (March 2006) for the third consecutive year in its 2006 Asset Asian Awards.
Named best service provider in 4 categories at the 2006 European Custody and Fund Administration Awards (IFCA, February 2006).
Malayan Banking Berhad
Malayan Banking Berhad is SJAM's main custodian bank in Malaysia.
The following are some statistics on Malayan Banking Berhad :
Largest banking group in Malaysia with 378 branches in Malaysia.
Ranked 127 among the top 1,000 banks in the world.
Has 85 branches / representative offices worldwide.
Accorded the "Asiamoney Award for Best Cash Management - Local", "Asiamoney Award for Best Local Foreign Exchange Provider" and "Asiamoney Award to Trade Finance for Best Overall Domestic Services".