FinanceAsia Gives Two Awards to Vietnam Top Stock Broker

Saigon Securities Inc. (SSI), a leading stock broker in Vietnam, has received two awards, Best Broker in Vietnam 2009 and Best Equity House in Vietnam 2009, presented by the leading Asian financial publication group FinanceAsia.

 

FinanceAsia held a ceremony in Hong Kong last week to grant awards for outstanding companies and institutions in banking and securities sector in Asia.

 

SSI currently manages 40% of the total foreign stock accounts in Vietnam, accounts for 15% of brokerage market share in Hochiminh Stock Exchange and 7% at the Hanoi Stock Exchange.

 

By the end of June, it had a registered capital of VND1.533 trillion (US$86 million) and total assets of VND6.562 trillion.

 

Vietnam-based Asia Commercial Bank (ACB), Hong Kong and Shanghai Banking Corporation (HSBC) and Credit Suisse also won three awards, Best Bank in Vietnam, Best Foreign Commercial Bank in Vietnam and Best Foreign Investment Bank in Vietnam, respectively. (Stock Investment)