KB Securities Vietnam launched to bring South Korean capital to Vietnam

On the same day, KB Securities Vietnam (KBSV) has held the opening ceremony of its new head office and transaction office at 88 Lang Ha Street, Dong Da district in Hanoi, which is built in a modern and luxurious style, accentuating KB Financial Group’s (KBFG) identity, promising to bring comfort and optimal services for customers and partners. According to Chun Byoung Jo, CEO of KB Securities (Korea), given the abundant experience and strong support from KBFG as well as KB Securities in Korea, KBSV will grow into a leading securities company in Vietnam, matching KB’s position in Korea. “We are focused on the development of KBSV as a precondition for the breakthrough and achieving important milestones for KBFG in Vietnam,” he said. “We are committed to providing the best products and utilities to meet the needs of Vietnamese customers as well as connecting the needs of Korean investors with this potential market.” “Korea has emerged as a nation with the largest foreign direct and indirect capital inflows to Vietnam in recent years, with roughly $60 billion. This shows Korea’s great confidence in local economic growth, as well as the political stability and the cultural similarities between the two nations,” said Mac Quang Huy, CEO of KBSV, at the brand launching event in Hanoi. Following the name and brand identity changes, in 2018 KBSV will upsize its charter capital and improve its human recourses and IT system. The securities firm, according to Huy, will also develop new products, including derivatives. “We… [Read full story]


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