American Depository Receipt

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Related to American Depositary Receipt: Adr, American Depositary Receipt Fees

American Depository Receipt

n. called in the banking trade an ADR, it is a receipt issued by American banks to Americans as a substitute for actual ownership of shares of foreign stocks. ADRs are traded on American stock exchanges and over-the-counter easily without the necessity of trading the foreign shares themselves.

References in periodicals archive ?
'We are pleased to have been appointed as depositary bank for Santos' Level I American Depositary Receipt program,' said Naomi Flutter, head of Trust and Agency Services for APAC at Deutsche Bank.
Naomi Flutter, Head of Trust and Agency Services for APAC at Deutsche Bank, said, "We are pleased to have been appointed as depositary bank for Santos' Level I American Depositary Receipt program.
Deutsche Bank has announced its appointment as depositary bank for the sponsored NYSE- listed American Depositary Receipt program of Micro Focus International plc, the company said.
BANKING AND CREDIT NEWS-September 5, 2017-Deutsche Bank appointed as depositary bank for American Depositary Receipt Program of Micro Focus International plc
M2 EQUITYBITES-January 17, 2017-Deutsche Bank named as depositary bank for Sponsored Level I American Depositary Receipt Program of Inchcape
BANKING AND CREDIT NEWS-January 17, 2017-Deutsche Bank named as depositary bank for Sponsored Level I American Depositary Receipt Program of Inchcape
BNY Mellon, (NYSE: BK) a company involved in investment management and investment services, has been appointed by Anglo American plc as depositary bank for its sponsored American depositary receipt (ADR) programme, replacing a previously unsponsored facility.
BNY Mellon, a global leader in investment management and investment services, has been appointed by Braskem SA (Braskem) as the depositary bank for its American depositary receipt (ADR) program, the company said.
Finland-based Stora Enso has appointed Citigroup Inc (NYSE :C) as successor depositary bank for its Level 1 American Depositary Receipt (ADR) programme.
BNY Mellon (NYSE: BK) has been appointed by BMW Group as depositary bank for its sponsored American depositary receipt (ADR) program, replacing previously unsponsored facilities, the company said.
In addition, Citi has won the 'Best DR Mandate' award for its role as the depositary bank for Alibaba Group Holding Limited's American Depositary Receipt (ADR) programme.
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