23 April 2012
Maybank Kim Eng Aims To Remain Top Broker In Thailand
Regional investment banking group, Maybank Kim Eng, aims to remain as a top broker in Thailand and grow its market share to 12 per cent in 2012 from 11.86 per cent last year.
In a statement Monday, Maybank said said Maybank Kim Eng, which operated in 11 countries, counted Thailand as a key market in which it has been ranked No 1 broker for the past 10 years.
Maybank Kim Eng Securities (Thailand) currently contributed some 28 per cent in terms of revenue for the entire Maybank Kim Eng group in its financial year 2011, it said.
Maybank president/chief executive officer, Datuk Seri Abdul Wahid Omar, said Maybank Kim Eng Thailand has become an important component of the Maybank Group in achieving its vision of becoming a regional financial services leader by 2015.
"At Maybank, we are focused on capturing growth opportunities in emerging markets and in strengthening our market presence. Thailand, South-East Asia's second largest economy, is expected to grow 5.2 per cent in 2012," he told a media briefing in Bangkok in conjunction with the bank's celebration of ten years as the top Thai broker.