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Cairo - CI Capital, the leading diversified financial services group, announced today that it has signed a brokerage services agreement with Maybank Kim Eng, ASEAN’s (Association of South East Asian Nations) leading regional investment bank to provide the latter’s global institutional investors access to the new MENA platform covering a wide range of Emerging & Frontier Markets. Under the agreement, CI Capital will provide Maybank Kim Eng’s clients streamlined solutions covering execution, research and corporate access for the MENA markets. CI Capital will offer investors strong reach and placement power through diverse channels, with a distinctive ability to manage and execute, large and complex transactions.
ASEAN, as a single entity, grew to become one of the most lucrative investment opportunities as it has the world 5th largest GDP, 3rd largest population, 3rd highest GDP growth rate, and one of the youngest demographics globally. As for the MENA markets, geopolitical and economic transformations have created strong buying opportunities.
In light of this, Karim Khadr, Managing Director & CI Capital’s Head of Brokerage, noted that "this collaboration is the result of the continuous expansion efforts adopted by the team to transform a once Egypt-based franchise into a regional platform, which is now expanding into new international markets.” He also added that “With this partnership, we will have access to the largest financial services network in ASEAN, including Malaysia, Singapore, Indonesia, Thailand, Vietnam and the Philippines as well as HK/China and India where Maybank Kim Eng also operates. Thus, we are allowing our investors to capitalize on the continuous rise of the Asian continent.”
This extended network between CI Capital and Maybank Kim Eng will offer a comprehensive brokerage execution service and compelling opportunities across diverse industries as well as an in-depth understanding of the MENA & ASEAN markets via their research teams for Maybank Kim Eng’s clients. CI Capital Research is among the high ranked research teams in MENA covering 100 stocks across 6 markets in the region, equivalent to 36% of the respective markets’ market cap, through a team of lead analysts with strong track records and international backgrounds, boasting 125 years of combined research experience.
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About CI Capital
CI Capital Holding (CICH) is a diversified financial services group and Egypt’s leading provider of leasing, microfinance and investment banking products and services.
Through its headquarters in Cairo and presence in New York and Dubai, CI Capital offers a wide range of financial solutions to a diversified client base that include global and regional institutions and family offices, large corporates, SMEs, and high net worth and individual investors.
CI Capital leverages its full-fledged investment banking platform to provide market leading capital raising and M&A advisory, asset management, securities brokerage, custody and research. Through its subsidiary Corplease, CI Capital offers comprehensive leasing solutions, including finance and operating leases, and sale and leaseback, serving a wide range of corporate clients and SMEs. In addition, CI Capital offers microfinance lending through Egypt’s first licensed MFI, Reefy.
The Group has over 1,700 employees, led by a team of professionals who are among the most experienced in the industry, with complementary backgrounds and skill sets and a deep understanding of local market dynamics.
About CI Capital Brokerage
CI Capital’s Brokerage division, one of Egypt’s leading brokerage houses, currently ranked #2 with an overall market share of ~11% and more than 20% share of all institutional trading on the Egyptian Stock Exchange as of 1Q18. Backboned by an accomplished and adept sales and trading team, CI Capital’s brokerage arm provides real-time insights to its clients, helping them execute their own strategy. The Brokerage team holds renowned investor conferences across three continents, giving buy-side global investors the chance to meet one-on-one with leading companies listed in the MENA region.
For further information, please contact:
Marketing & PR department
Nivine Nosshy
Head of Marketing & PR
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