NEW YORK, June 3, 2013 /PRNewswire/ -- BNY Mellon, the global leader in investment management and investment services, has been appointed by QIWI plc. as depositary bank for its American depositary receipt (ADR) program with listings on both NASDAQ and the MICEX Stock Exchange, a subsidiary of the Moscow Exchange. Each QIWI ADR represents one ordinary share and has been admitted to trading on MICEX under the proposed symbol "QIWI." QIWI's ordinary shares are not traded. Russian regulations allow a domestic listing of foreign securities if a company is trading on a recognized exchange. This is the first-ever listing of ADRs in Moscow. Earlier this month BNY Mellon acted as depositary bank in connection with QIWI's ADR program on NASDAQ, trading under the ticker symbol "QIWI." The company's initial public offering marked the first listing of ADRs by a Russian-based company on NASDAQ. QIWI is a leading provider of electronic payment services in Russia and the Commonwealth of Independent States. The company's integrated proprietary network enables payment services across physical, online and mobile channels and it has deployed over 11 million virtual wallets, over 169,000 kiosks and terminals, and enabled more than 40,000 merchants to accept over RUB 39 billion cash and electronic payments monthly from over 65 million consumers using its network at least once a month. "We consider the admission of our securities to trading as a first step toward creating local liquidity," said Alexander Karavaev, chief operating officer at QIWI. "We expect that joining the Moscow Exchange will help the company to extend its investor base." "Being chosen to work with QIWI on both its NASDAQ debut and its Moscow listing is testament to the relevance of depositary receipts, even in a home market," said Christopher M. Kearns, CEO of BNY Mellon's Depositary Receipts business. "These transactions represent a true milestone for the DR industry, the Moscow Exchange, and for NASDAQ." BNY Mellon acts as depositary for more than 2,700 American and global depositary receipt programs, acting in partnership with leading companies from 68 countries. BNY Mellon is committed to helping securities issuers access the world's rapidly evolving financial markets and delivers a comprehensive suite of depositary receipt services. Learn more at www.bnymellon.com/dr BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 36 countries and more than 100 markets. As of March 31, 2013, BNY Mellon had $26.3 trillion in assets under custody and/or administration, and $1.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Learn more at bnymellon.com, or follow us on Twitter @BNYMellon This release is for informational purposes only. BNY Mellon provides no advice nor recommendation or endorsement with respect to any company or securities. Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities. Depositary Receipts: Not FDIC, State or Federal Agency Insured; May Lose Value; No Bank, State or Federal Agency Guarantee.