Kenanga Investment Bank Berhad

by admin

Founded in 1973, Kenanga Investment Bank Berhad is a Malaysian-based investment bank. The bank has a wide range of services, including investment banking, equity broking, Islamic banking, structured lending, and wealth management. Its subsidiaries include Kenanga Private Equity Sdn Bhd, Kenanga Futures Sdn Bhd, Kenanga Nominees (Asing) Sdn Bhd, and SSSB Management Services Sdn Bhd.

Kenanga is committed to a culture of strong corporate governance. This is reflected in its annual e-tests, which assess employees’ knowledge in various aspects of the subject matter. The company also conducts training sessions to educate employees about ethics, compliance and governance topics.

The company is also dedicated to digitalisation. As part of its commitment to the digital economy, it has invested in digital initiatives such as Tokenize Xchange, the country’s first licensed digital asset exchange. The platform allows investors to trade cryptocurrencies 24X7, all year long. It is also the second largest DAX in Malaysia by traded market share.

The company has a strong client base and is ranked among the top five independent investment banks in Malaysia. Kenanga has been a longstanding player in the industry, and has been recognized for its stellar performance in 2021. This recognition led to Kenanga being named the Best Securities House in Malaysia by Asiamoney in 2022.

The bank recently acquired a stake in Merchantrade Asia Sdn Bhd, Malaysia’s largest money services business operator. Kenanga has also invested in a joint venture with Rakuten Inc. The two companies are committed to enhancing trust in the digital economy.

You may also like

Leave a Comment