OREANDA-NEWS. Nomura Holdings, Inc. (“Nomura”) today announced that it has completed the investment in PCIB Securities Inc. (“PCIB”), a wholly owned subsidiary of BDO Unibank, Inc. (“BDO”), which was announced on June 29, 2015. Mr. 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: PHP 254,155,713 (equivalent to JPY 620 million)
Partners: BDO (51%), Nomura Asia Investment (Singapore) Pte. Ltd. (49%)

Nomura

Nomura is an Asia-based financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership.