Commitment to capital market in Indonesia

In 2008, we established NH KORINDO SEKURITAS INDONESIA as a joint venture company with KORINDO group in Indonesia. Since then, we are contributing to the development of the Indonesian capital market through providing optimal services and dedication to our clients as a financial platform.

Nonghyup Financial Group is one of the four largest financial holding companies in Korea, providing financial services across all areas of finance including banking, securities, insurance, and capital and so on. NHFG is establishing a global network and expanding its business area to the United States, Europe, China, and Southeast Asia.

NH Investment & Securities, our parent company, is Korea’s top securities company and has shown the best competitiveness in all areas of investment bank such as Corporate finance, Wealth Management, PBS, Trading, Research and so on. NHIS is focusing on transferring its advanced financial solutions to NH’s global network.

As of 2020, we have continued to grow as a leading securities company in Indonesia, building business lineup of stock brokerage, bond brokerage, corporate finance, and research. We will never stop harnessing ourselves to become a comprehensive financial service platform for client’s success and prosperity.


In 1990, Clemont Securities Founded and started its business in securities business in Indonesia. The company (“Clemont Securities Indonesia”) was a small securities with basic functions such as stock brokerage as a local securities and its trading system was significantly limited. With the reasons, no many clients used Clemont Securities Indonesia for stock transaction.
Korindo Group which is a leader across multiple industries in the South East Asian market acquired 100% of Clemont Securities Indonesia in 1997 and entered in securities business.
Woori Securities under Woori Financial Group acquired 60% of Clemont Securities and changed its name from Clemont Securities to Woori Korindo Securities Indonesia.
NH Investment & Securities Korea under NH Financial Group which is the biggest financial group in Korea acquired 80% of Woori Korindo Securities Indonesia in 2014 to start securities business in Indonesia.
NH Korindo Sekuritas Indonesia was selected as top 10 securities in Indonesia by the top performing investment magazine ‘Investor’ in 2018 and recorded successful 3 IPO including a leading Indonesia film-maker ‘MD Pictures’.
NH Korindo Sekuritas Indonesia had a right issue and NH Investment & Securities joined in it. As a result, NH Investment & Securities owns 93% of NH Korindo Sekuritas Indonesia. As performances in 2019, NH Korindo Sekuritas Indonesia had 5 successful IPO with 9.1% of total market share based on company number. Also, the company (“NH Korindo Sekuritas Indonesia”) started to diversify its business structure from brokerage only to Investment Banking more. With the effort, the company made a successful advisory for M&A in Indonesia.