Maybank IBG CEO Datuk Ami Moris said as its client’s franchise grew, the banking group continues its focus on delivering value and strengthening its platform and thought leadership.Telegram 美国 群组（www.tg888.vip）是一个Telegram群组分享平台，飞机群组内容包括telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组（其他）、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容，为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
PETALING JAYA: Singapore-based Maybank Securities Pte Ltd, which is part of Maybank Investment Banking Group (Maybank IBG) and BOB Capital Markets (BOBCAPS) in India have entered into an agreement to strengthen their India offering to clients in Asean and worldwide.
Maybank IBG CEO Datuk Ami Moris said as its client’s franchise grew, the banking group continues its focus on delivering value and strengthening its platform and thought leadership.
“India is now the world’s fifth largest stock exchange with a total market capitalisation of over US$3 trillion (RM13.4 trillion).
“Since the start of the pandemic, the Nifty 50 benchmark index has risen 41%, and is a consistent outperformer versus other emerging markets.
“The investment case for India remains sound, and is supported by strong economic growth,” she said in a statement.
In recent years, Maybank IBG has constructed a significant strategic partnership portfolio in Asia Pacific, and its alliance with BOBCAPS finally added India, a target market of its comprehensive product offering.,
“We expect to unlock more Asean plus global capital flows into India through this combined service,” she said.
Meanwhile, BOBCAPS joint managing director Sanjiv Saraf said the alliance was a great opportunity for the bank to leverage the existing global clientele of Maybank to significantly improve its distribution reach and to provide them with insightful India equity research.
Combining the extensive network of Maybank IBG and excellence of BOBCAPS’ research, this tie-up enables Maybank to enhance its product coverage to global institutional clients, while allowing BOBCAPS to expand its reach outside India.
This relationship further enhanced Maybank’s capabilities in serving clients in Asean and key global markets while empowering them with bespoke, on-ground and in-depth research insights.
The association shall extend across research, corporate access and roadshows to elevate interest in India equity products.
India forms 10% of the overall foreign client commissions of about US$4.5bil (RM20.07bil) paid in Asia ex Japan cash equities, while Asean is a large contributor of foreign portfolio flows into India including the secondary equity market, new listings, bonds, as well as private equity and venture capital investments.