PSE: FAF Company Description
First Abacus Financial Holdings Corporation, through its subsidiaries, engages in the stock broking, investment banking, real estate, and other financial services businesses in the Philippines.
It operates through Securities Brokerage, Investment Banking, and Leasing and Others segments. The Securities Brokerage segment is involved in buying and selling of shares, stocks, bonds, and other securities.
The Investment Banking segment underwrites financial instruments; and provides financial and management advisory services.
The Leasing and Others segment leases condominium units. The company’s services include corporate financial services, such as equity underwriting transactions comprising initial public, stock rights, and new tranche offerings, as well as private placements of listed companies; and financial advisory services, such as share or corporate acquisitions and buy-ins/mergers/divestments, financial review and restructuring, and project development.
It also offers debt underwriting and loan arrangement services, such as short, medium, or long-term loan arrangements; short- and long-term commercial papers underwriting; and on-going oversight, issue management, and agency functions.
In addition, the company provides treasury sale services, which include government securities, treasury bills, long and short term commercial papers, preferred and promissory notes, and money market placements; and financing services, such as share margin and working capital credit facilities.
Further, the company is involved in purchasing, selling, and assigning accounts receivables, negotiable instruments, and other evidences of indebtedness for the payment of money owed.
It markets its products and services to retail and institutional customers. First Abacus Financial Holdings Corporation was incorporated in 1994 and is headquartered in Pasig, the Philippines.
Country | Philippines |
Founded | 1994 |
Industry | Investment Banking & Investment Services |
Sector | Financials |
Employees | 78 |
CEO | Paulino Soo |
Contact Details
Address: Unit-E2901, East Tower Pasig, 1605 Philippines | |
Phone | 63 2 667 8900 |
Website | firstabacusfinancial.com.ph |
Stock Details
Ticker Symbol | FAF |
Exchange | Philippine Stock Exchange |
Fiscal Year | January - December |
Reporting Currency | PHP |
ISIN Number | PHY2495T1070 |
SIC Code | 6211 |
Key Executives
Name | Position |
---|---|
Paulino Soo | Chief Executive Officer |