- Maybank and Citi collaborate to offer securities lending on Citi’s CSLA platform, providing clients with new revenue opportunities.
- The partnership combines Maybank’s local expertise with Citi’s global capabilities to democratise securities lending for retail investors.
Maybank Securities: Leveraging Global Expertise in Singapore
Maybank Securities has long been a trusted name in Singapore’s financial services industry since 1972. Initially known as Maybank Kim Eng Securities, it became the first stockbroker listed on the Singapore Stock Exchange in 1990. The firm is renowned for its leading service standards, advanced trading tools, and comprehensive resources catering to retail and institutional clients.
In recent years, the securities lending industry has faced challenges, such as issues with transparency, market access, and the risks of lending. As Maybank Securities’ brokerage hub in the ASEAN region, Singapore has always been at the forefront of product innovation. The launch of digital tools like the CSLA platform is designed to address these challenges, offering more efficient, secure, and accessible solutions for a wider range of investors.
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Maybank Securities: Expands Offerings with Citi Partnership
Maybank Securities Pte Ltd, a leading brokerage firm in Singapore, has forged a strategic partnership with Citi to launch a cutting-edge securities lending programme. The collaboration, announced on 18 December , 2024, combines Citi’s global agency lending capabilities with Maybank’s strong presence in the ASEAN market to provide new opportunities for retail investors. The platform leverages Citi’s Securities Lending Access™ (CSLA), which integrates advanced technology from Sharegain to create a seamless and digital securities lending experience.
This collaboration marks a significant milestone for Maybank Securities. It enables its clients to monetise idle assets, such as global equity holdings, by lending them to borrowers. The initiative aims to help retail investors earn some fees borrowers pay, effectively optimising portfolio performance.
“Maybank Securities stands by its commitment to enhance our products and solutions for our clients, continuously enhancing them. With the launch of securities lending, our retail clients now have a unique opportunity to generate additional returns from their existing portfolios,” said Alexander Thorhauge, Head of Retail Business at Maybank Securities.
