Make It Easier For Share Invest Customers, Maybank Launchs RDN Facilities

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JAKARTA - PT Bank Maybank Indonesia, Tbk (Maybank Indonesia or Bank) launched the Maybank Nasabah Fund Account (RDN) facility to support customer activities in trading or investing in securities/sharp instruments, which are integrated into the Maybank Trade online trading application from PT Maybank Sekuritas Indonesia. "As two financial institutions operating under the Maybank Group, Maybank Indonesia and Maybank Sekuritas collaborate to provide comprehensive financial services, including investment services in stock instruments or capital markets so that Maybank Indonesia customers can access the choice to develop their funds in one ecosystem," said Maybank Indonesia's Community Financial Services (CFS) Director, Steffano Ridwan in his official statement, Tuesday, September 13. He quoted data from PT Kustodian Central Securities (KSEI) in July 2022, recording the number of capital market investors reaching 9.3 million investors, the majority of whom came from millennials and Generation Z aged under 30 years. This portion of young investors is also quite high, reaching 59.4 percent of the total individual investors in Indonesia. In response to the increasing individual investors, President Director of Maybank Sekuritas, Wilianto Ie, said that the cooperation in providing RDN account facilities has taken place at the right moment, namely in the midst of the growing interest of investors in fast and digital investment services. "Moreover, by integrating RDN account facilities into our online trading applications. This is expected to increase seamless experience, both for Maybank Indonesia customers and Maybank Sekuritas customers to invest," he said. Wilianto also emphasized that the collaboration between Maybank Sekuritas and Maybank Indonesia is one of Maybank Sekuritas' strategic steps in an effort to improve the Company's performance, especially in acquiring customers of Maybank Indonesia who are interested in investing in the capital market. To support the acquisition effort, Maybank Sekuritas and Maybank Indonesia will hold a series of financial literacy programs accompanied by a routine market update that will be held. In relation to how to be able to start investing in stocks/effects, customers simply open accounts through the Maybank Trade application from Maybank Sekuritas, choose RDN Maybank Indonesia accounts, and customers do not need to provide initial deposits, but can directly top up funds to start investing. The balance in the RDN account is integrated into the 360 Digital Wealth feature available in the M2U mobile banking application, so that it becomes part of an ecosystem that makes it easier for customers to manage and develop their funds starting from savings, loans, mutual fund investment and shares in just one hand. "Through the synergy between these two products, we hope that this will be a solution for customers in managing finances and developing assets according to the targets they want to achieve as well as a means of financial inclusion, especially in terms of investment, the effect that can be reached by all segments of society, is in line with the Humanising Financial Services mission," concluded Steffano.