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VietNamNews

VCSC leads brokerage market

Update: February, 04/2016 - 09:27
VCSC led the local brokerage market in terms of revenue, earning VND336 billion (US$15 million) in 2015. — Photo vneconomy
HA NOI (VNS) — Ban Viet Securities Company (VCSC) led the local brokerage market in terms of revenue, earning VND336 billion (US$15 million) in 2015.

Meanwhile, Sai Gon Securities Inc, which is still the local leader in terms of market share, earned VND262 billion ($11.7 million) in revenue, a 11 per cent fall. Securities Corporation (HSC), the company with the second-largest brokerage market share in HCM City, earned VND292 billion ($13 million), down 12 per cent over 2014.

Most of the large securities firms in the market have reported fall in revenue in 2015, while Ban Viet Securities was among the few exceptions. — VNS

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