MANILA, Philippines – Maybank Kim Eng has partnered with Mizuho Securities Co. Ltd to further expand its equity brokerage business for Asian markets.
Maybank Kim Eng chief executive officer Dato’ John Chong said it entered into an agreement Mizuho Securities Group to expand their regional collaboration and extend its offerings in the Association of Southeast Asian Nations (ASEAN).
“We are pleased to collaborate with Mizuho Securities Group to extend our ASEAN offerings and connect the region’s rich opportunities to investors in Japan. This partnership is a testament of Maybank Kim Eng’s strength in ASEAN, our deep understanding of the region and access to its vast potential,” he said.
Under the agreement, Mizuho Securities and its overseas subsidiaries would be able to offer Maybank Kim Eng’s research reports and corporate access services to Mizuho’s institutional clients in Japan.
On the other hand, Mizuho Securities Group would channel orders placed by these clients to Maybank Kim Eng Group, who is known for its strong execution capabilities and access to Asean markets.
ASEAN including the Philippines is one of the fastest growing regions in the world and the partnership would benefit Mizuho’s institutional clients in Japan who would gain from Maybank Kim Eng’s deep and wide knowledge of the region.
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Likewise, institutional clients of Mizuho in Japan would have access to the investment opportunities in the Asean markets.
For its part, Maybank Kim Eng would be able to leverage Mizuho’s strong franchise in the Japanese domestic market.
The Maybank Kim Eng group of companies has presence in Malaysia, Singapore, Hong Kong, Thailand, Indonesia, Philippines, India, Vietnam, Saudi Arabia, Great Britain, and the US.
It has an international network of 2,400 offices in 20 countries, with over 44,000 employees serving more than 22 million customers worldwide.