South Korean invested securities companies are putting pressure on Vietnamese companies, competing in terms of service quality, number of branches and the possibility of providing loans for margin trading.
There are six South Korean invested securities companies, namely Mirae Asset, KIS, HFT Securities, KB Vietnam, Shinhan Vietnam (the predecessor is Nam An Securities), and NH Securities (the predecessor is Woori CBV).
|There are six South Korean invested securities companies, namely Mirae Asset, KIS, HFT Securities, KB Vietnam, Shinhan Vietnam (the predecessor is Nam An Securities), and NH Securities (the predecessor is Woori CBV).|
KBSV obtained charter capital after it raised capital continuously in the period from the end of 2018 to beginning of 2019, after taking over Maritime Securities.
A recent study by SSI Securities Corporation found that banks and securities companies acquired a large volume of bonds in the January-August period of this year.
Financiers from South Korea are taking over Vietnam’s securities firms at a breakneck pace, as part of their quest to gain access to the fast-growing financial market in the country.
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