[ad_1]
Datuk Chay Wai Leong, Group Managing Director of Kenanga Funding Financial institution Berhad
The distinguished award recognises the distinctive document efficiency of Kenanga Funding Financial institution in 2021, and is a nod in the direction of the energy of the Group’s numerous income stream and fast-growing shopper base.
“It’s an honour to obtain this accolade. As a home-grown model with virtually 50 years of historical past within the nation, now we have grown from to energy to energy, from a humble stockbroking home, to the full-fledge funding financial institution that we’re right this moment. On the core of our continued progress, is the resilience, innovation and dedication of our groups, in addition to the belief and assist from over half 1,000,000 Malaysian traders and merchants who’re our shoppers,” commented Datuk Chay Wai Leong, Group Managing Director of Kenanga Funding Financial institution Berhad.
“Trying ahead, we stay centered on reinforcing our enterprise fundamentals and strengthening our digital choices and infrastructure to make sure we proceed to deliver the very best of monetary options to our shoppers,” Datuk Chay added.
“Regardless of the present uncertainties of the worldwide and home markets, our huge expertise navigating totally different market cycles and situations over time, will put us in good stead,” stated Datuk Chay.
The Group stays the most important and quickest rising retail stockbroker with a market share of over 25% as at 31 March 2022, up 3.0% from the earlier corresponding quarter.
The Group’s joint-venture with Rakuten Commerce, a totally on-line stockbroking platform has acquired over 245,000 buying and selling accounts below its belt because the partnership started and prospects can stay up for extra thrilling new-value added merchandise and options on the platform that can set the stage for extra seamless and optimum buyer journey and expertise.
In February 2022, the Group launched Kenanga Digital Investing (KDI), a totally A.I. pushed digital funding platform designed to simplify how Malaysians save and make investments. This newly launched product has crossed RM200 million in asset below administration (AUM).
The Asiamoney 2022 Greatest Securities Homes Awards examined home securities homes of 12 markets in Asia, and winners have been decided by info from every day protection of the area, proprietary polls and awards information, league tables in addition to interviews, and third-party sources.
Hashtag: #Kenanga
The issuer is solely chargeable for the content material of this announcement.
About Kenanga Funding Financial institution Berhad (197301002193 (15678-H))
Established for greater than 45 years, Kenanga Funding Financial institution Berhad (the Group) is a monetary group in Malaysia with in depth expertise in fairness broking, funding banking, treasury, Islamic banking, listed derivatives, funding administration, wealth administration, structured lending and commerce financing with sturdy foundations in regulatory compliance and danger administration.
An modern and established home-grown model, the Group’s digital ambition consists of constructing a sturdy digital ecosystem that meets the wants of its shoppers and companies. A few of its game-changing merchandise consists of Malaysia’s absolutely on-line digital stockbroking platform Rakuten Commerce and a totally A.I. robo-advisor, Kenanga Digital Investing. The Group additionally launched Malaysia’s first securities broking e-wallet, Kenanga Cash, paved the best way in AI-led Quan and algorithmic buying and selling, kick-started a revolutionary provide chain financing resolution for SMEs and made inroads into the digital property house by its funding in Tokenize Know-how (M) Sdn.Bhd.
The Group has garnered a number of awards and accolades reflecting its sturdy market place. It was awarded below the classes of Highest Returns to Shareholder Over Three Years, Greatest Total Equities Taking part Organisation by Bursa Malaysia, Greatest Total Derivatives Buying and selling Participant, Greatest Structured Warrant Issuer, Greatest Retail Equities Taking part Organisation, Greatest Institutional Equities Taking part Organisation Funding Financial institution; together with Greatest Buying and selling Participant and Greatest Institutional Equities Taking part Organisation and for Fairness and Monetary Derivatives for 18 consecutive years. The Group was additionally accorded the title of Greatest Institutional Derivatives Buying and selling class by Bursa Malaysia.
The Group continues to be a daily and repeat recipient of distinguished trade accolades, such because the Lipper, Fundsupermart and Morningstar awards. Rakuten Commerce, Malaysia’s first absolutely digital securities dealer in 2017 by way of a three way partnership with Japanese fintech large Rakuten Securities Inc was additionally named Malaysia’s fintech firm of the 12 months in 2018 by the Malaysian Communications and Multimedia Fee (MCMC). For its continued efforts in the direction of neighborhood outreach and worker volunteerism, the Group was awarded the coveted Firm of the 12 months award for environmental and sustainability at Sustainability & CSR Malaysia Awards 2021. The Group can also be a Participant of the United Nations International Compact and adheres to its principle-based method to accountable enterprise.
Immediately, Kenanga Funding Financial institution Berhad is an award-winning main impartial funding financial institution within the nation with a steady dedication in the direction of driving collaboration, innovation, digitalisation and sustainability within the market.
[ad_2]
Source link
