The opulent Marina Bay Sands in Singapore played host to the annual Asia Money Award Dinner on September 26.
Among the night’s highlights, Vietnam’s SSI Securities emerged as a winner, honoured yet again as the Best Securities House in Vietnam by Asiamoney magazine.
This marks the sixth occasion on which SSI Securities has ascended the podium to receive this distinguished accolade from Asiamoney, a renowned financial publication under the aegis of Euromoney Institutional Investor PLC.
This annual event, keenly anticipated by investors and financial service providers across Asia-Pacific, has evolved as a benchmark of excellence in the sector, featuring an evaluation procedure underpinned by absolute independence and objectivity.
To gain the prestigious award, SSI Securities showcased a formidable performance, outpacing its peers in a rigorous assessment encompassing scale, revenue, profit, company evolution, clientele, and more, according to data sourced from the Ho Chi Minh Stock Exchange, the Hanoi Stock Exchange, and various audit firms.
An Asiamoney representative stated, “As a full-service securities house in Vietnam, SSI Securities’ offerings span investment banking, institutional and retail brokerage, equity research, and asset management. SSI Securities stands out across all four business lines, making it our choice for Best Securities House in Vietnam in 2023.”
SSI's robust reputation was further underscored by leading the Asiamoney Broker Polls, a survey gauging investor trust and the broader market presence of winning companies.
Backed by significant financial muscle, a diverse ecosystem of products, and a commitment to innovation, SSI is primed to meet the varied investment needs of its clientele. Its spectrum spans from individual investors to institutions, and from capital-raising enterprises to international funds that are keen on tapping into the Vietnamese market.
Tailored, innovative, and optimal financial solutions are SSI's commitment to every client, regardless of the phase of their financial journey.
During the turbulent year of 2022, SSI recorded a remarkable 39.5 per cent on-year uptick in new accounts. Such momentum exemplifies its ambition to amplify value for its investors by offering advanced financial solutions and comprehensive wealth management services.
Having pursued its mission to connect capital and investment opportunities for 23 years, SSI remains steadfast in delivering the highest levels of value to its team, clients, stakeholders, and the broader community.
Cumulative figures for the first half of 2023 indicate consolidated revenue of approximately VND3.22 trillion ($135.9 million), with a pre-tax profit of about VND1.32 trillion ($55.7 million). This achieved 46 per cent and 52 per cent of its revenue and profit goals for 2023 respectively.
As of June 30, the company's total assets stood at VND50.14 trillion ($2.1 billion), with equity of VND21.994 trillion ($928 million).
SSI's initiatives are testaments to its dedication to client profitability and efficiency, including the investment advisory programme Money Secrets and various enticing offers, such as M9 - Power of Margin – a promotional interest rate starting from 9 per cent – and the Dive into Margin offering – which reimburses up to 30 per cent of loan interest.
Winning the Best Securities House in Vietnam award from Asiamoney for the sixth time will undoubtedly bolster SSI's esteemed reputation.
Looking forward, SSI Securities is poised to conquer its goals for 2023, continuing to set landmarks for the business, its clients, its partners, and the Vietnamese stock market at large.
|Vietcap Securities raises $100 million in overseas loan
Vietcap Securities has successfully secured a $100 million capital-backed loan from Mega International Commercial Bank, underscoring its growth ambitions and strengthening its financial standing.
|Viet Dragon Securities Company forges strategic alliance with Japan's Ryobi Group
Viet Dragon Securities Company and Ryobi Group have signed an MoU to bolster strategic investment collaboration between Vietnam and Japan.
|JB Securities strives to contribute to development of Vietnam's capital markets
While Vietnam's capital markets are still in early stages relative to its global counterparts, there's significant potential for the growth of the markets. Kim Doo Yoon, CEO of JB Securities Vietnam, spoke about its newly launched securities brokerage business, and the company's commitment to the development of Vietnam's financial markets.