Nomura Completes Investment in BDO Unibank Subsidiary

Nomura Holdings Inc. has completed the investment in PCIB Securities Inc. (PCIB), a wholly owned subsidiary of BDO Unibank Inc. (PSE: BDO), which was announced on 29 June 2015.

Koichi Katakawa will be appointed as president of PCIB, subject to local regulatory approval. Nomura does not expect the investment to have a material impact on its consolidated results.

Outline of New Company

  • Name: PCIB Securities Inc. (To be renamed as BDO Nomura Securities Inc.)
  • Registration: Makati City, Philippines
  • Capital: PhP254,155,713 (equivalent to JPY620 million)
  • Partners: BDO (51%), Nomura Asia Investment (Singapore) Pte Ltd (49%)

Related Articles:

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.