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Capital Nomura to boost SBL business

Capital Nomura Securities intends to boost its securities borrowing and lending (SBL) business, doubling its contribution to total revenue, from 3 per cent now to 6 per cent next year.

Published on September 27, 2007



Chairman Suthep Peetaka-nont said the company's SBL business was expected to generate Bt3.5 billion to Bt4 billion next year, up from this year's figure of about Bt1.7 billion.

The firm expects its SBL business to be more popular among customers. It will complete the company's range of customer services aimed at boosting its market share.

"Our revenue from SBL this year is about 5.25 per cent, which is the highest in the industry," Suthep said. "SBL will represent 5-6 per cent of our business next year, up from 3 per cent now."

In its brokerage business, the company plans to boost the number of foreign customers from 14 per cent now to 20-25 per cent of total customers next year, because more foreign customers are expressing interest in investing in Thai markets. Over the past four years, the company's local, foreign and institutional customers have accounted for 75 per cent, 15 per cent and 10 per cent of the total, respectively. However, that ratio has now changed to 55 per cent, 34 per cent and 11 per cent, respectively.

Suthep said Capital Nomura Securities would hold a roadshow in the US this year, taking representatives of some listed companies along to

present information and stimulate interest among foreign investors. The company is

currently selecting listed

companies to take part in the roadshow.

Next year, the company's market share is expected to rise from this year's figure of about 2.4 per cent as it introduces new services for customers.

In its third fiscal quarter this year, from April to June, Capital Nomura Securities' market share was about 2.17 per cent. In the fourth quarter, which ends next Sunday, its market share has risen to 2.53 per cent.

At the end of next month, the company will introduce

a new website - www.cnsrealtime.com - offering SBL, futures and stock trading.

Siriporn Chanjindamanee

 The Nation


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