Kasikorn to double share in captial market

Kasikorn Securities said it aims to double market share to 2 per cent this year from 1.06 per cent last year, while most of its marketing strategy will be done with its parent bank, Kasikornbank.

Rapee Sucharitkul, chairman of Kasikorn Securities Co Ltd, said on Tuesday the expected higher market shares will boost the company's asset under management (AUM) by one time from 2007 at Bt8.1 billion to Bt16 billion.

The company's customers have increased significantly to 60,000 accounts last year, up from 2,700 accounts in previous year.

Rapee added that the company aims to boost efficiency ratio of its marketing staffs to 9 million customers per staff day over the next three years from current 5.22 million customers, compared to average of the industry is 3.2 million customers per staff per day.

In addition, the company expects to increase institutional investors to 40 per cent over the next three years from the end of last year at 30 per cent, while retail investors will be lowered to 60 per cent.

The chairman of Kasikorn Securities believes daily trading volume for this year will be around Bt18 billion, up from Bt17.4 billion.

The Nation

- Siriporn Chanjindamanee

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Kasikorn to double share in captial market

Kasikorn Securities said it aims to double market share to 2 per cent this year from 1.06 per cent last year, while most of its marketing strategy will be done with its parent bank, Kasikornbank.

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