Aftercompleting the transaction, HFI and BSC will launch strategic cooperationprojects to increase the value of BSC.
HFI willsupport BSC to accelerate the digital transformation process and become adigital securities company in Vietnam.
HFI plans tohelp BSC improve the quality of brokerage services, expand the customer basethrough optimising the digital trading platform as well as expand its businessinto the field of fund management.
This isexpected to help BSC build a comprehensive ecosystem of financial products andservices for sustainable development as well as maximising corporatevalue.
BSC wasestablished on November 26, 1999, with head office in Hanoi. Its largestshareholder is the Bank for Investment and Development of Vietnam (BIDV),holding 79.94 percent of the capital. BSC was the 11th largest stockbrokerage in Vietnam in 2021.
BSC's mainbusiness activities include securities brokerage, underwriting, investmentconsulting, derivatives trading, proprietary trading, and investment banking.In the fiscal year 2021, the company achieved was in the top 26 for equitysize, and top 11 in stock brokerage market share, and achieved a profit of15 million USD, equivalent to an ROE ratio of 22.2 percent.
In the nearfuture, the technology department of HFI will conduct a survey of thecurrent information technology infrastructure and trading platform of BSC, theweaknesses of the Vietnamese stock market to provide a strategic solution tostrengthen the digital platform for BSC./.