Wealth Management

Investment Products

Stock

Securities Borrowing and Lending (SBL)

Fixed Income

Structured Notes

Mutual Fund

Offshore Trading Investment

TFEX

SSF Block Trade

Investment Advisory

Private Wealth Advisory

Enhance your investment opportunities and generate extra income from your portfolio

Enhance your investment opportunities and generate extra income from your existing portfolio with Securities Borrowing and Lending (SBL), backed by Maybank as your trusted counterparty for secure and transparent transactions.

Lender: Earn additional income through lending fees while retaining shareholder benefits and the flexibility to sell your shares anytime.

Borrower: Take advantage of short-selling opportunities to profit from price movements, especially in volatile or bearish markets.

Enjoy peace of mind with Maybank’s robust collateral management and expert support.

Important Things Before Becoming an SBL Borrower

Who is it suitable for

Those who do not hold shares but want to speculate on the direction of stock prices
Those who constantly follow market movements
Those who are looking for additional approaches or strategies in investing

Investment Conditions

The minimum value for borrowing shares is 100,000 THB per single borrowed stock
Borrowing must be done in Board Lot units only(1 Board Lot equal to 100 shares)
Borrowed stocks must be listed in the SET100 Index and included in the list of stocks approved by the SET and the company for short selling View Short-Sell Eligible Stocks

How long can you invest

The minimum borrowing period is 1 day
The maximum borrowing period is up to 1 year (365 days)

Risks

There is a risk that the stock price may rise significantly, contrary to the expected market direction, making it difficult or impossible to buy back the shares at a profit.

Important Things Before Becoming an SBL Lender

Who is it suitable for

Investors holding a significant number of shares
Those planning to invest for the long term
Investors focused on building and holding shares over time

Stocks Available for Lending

Lending stocks must be listed in the SET100 Index and included in the list of stocks approved by the SET and the company for short selling
Lending stocks must be free of any encumbrances

Benefits of Lending Stocks

Allows you to earn income while holding your shares.
Receive fees from lending stocks.
Able to sell the lent shares anytime
Maintain all regular shareholder rights and benefits such as dividend benefits, shareholder meeting rights and others.

Risks

There is a risk of not getting the shares back from the borrower. Maybank manages this risk by requiring borrowers to provide collateral exceeding the value of the lent shares. Additionally, lenders can sell or recall their shares at any time

Key Features and Benefits of “SBL”

Enhance potential

Enhance potential for profits during a declining market and offer additional investment choices in times of market volatility.

Enhance investment strategies

The service that enables investors to enhance their investment strategies with greater flexibility through SBL. It can be used alongside other strategies such as Pair Trading or Arbitrage

For investors without shares in their account

For investors without shares in their account, this service allows borrowing shares to sell and profit from price differences

Earn fees from lending

Investors holding a large number of shares for long-term investment can lend them out to earn fees from lending

Lenders retain the usual benefits

Lenders retain the usual shareholder benefits, such as dividends and subscription rights, and also can sell or recall the lent shares at any time

Protect and Maintain

Both borrowers and lenders can use the service with confidence, as collateral is provided to protect and maintain the value of the shares, with Maybank acting as the counterparty

Get Start with SBL Investing

Required account types for SBL

Required Trading Accounts for SBL Service

For Lenders:

Lenders are required to open a Cash Account (1) and an Internet Account (7)

For Borrowers:

Borrowers are required to open a Cash Account (1) and a Credit Balance Account (8)

Opening an account for SBL investment

Existing client with Maybank trading account.

You can open an additional SBL account through the Maybank Invest application

See more details

A new client who wishes to open a stock trading account with Maybank

- You can apply for a stock trading account through the Maybank Invest application. Simply follow the in-app instructions and prepare only your ID card and bank account number
- To apply for a trading limit, please provide either your bank statements for the last three months, your latest payslip, or a salary certificate.
- If the client wishes to be a lender, they should apply to open a Cash account, an Internet account, and an SBL account
- If a client wishes to be a borrower, they should apply for a Cash account, a Credit Balance account, and an SBL account

Click to open account

Collateral Requirements and Short Selling Stock Borrowing Conditions

Collateral Placement and Conditions for Borrowing Stocks for Short Selling

Before borrowing stocks for short selling, customers must place collateral in accordance with the company's requirements
Collateral may be placed in the form of cash or by depositing stocks into the Credit Balance account, which the system will calculate as the customer's Excess Equity (EE)
Before borrowing stocks for short selling, customers should ensure their Excess Equity is sufficient and consider the Initial Margin (IM) of the desired stocks. Relevant information can be found in the company's announcement of stocks eligible for short selling
Once customers have borrowed stocks and executed the short selling, the system will automatically deduct the short sale value from their Excess Equity (EE)
If the collateral in a customer's account falls below the company's required level, the company will issue a margin call to request additional collateral in order to maintain and sustain the customer's trading position

Prepare Documents

FAQs

Important announcement

Prepare Documents

Identification Card

Bank account for receiving dividends

Bank statements for the past 3 months

For Cash account / Credit Balance (Margin) Account

FAQs

SBL Terms and Conditions

The minimum value for borrowing shares is 100,000 THB per single borrowed stock.
Borrowing must be done in Board Lot units only.
Borrowed or Lending stocks must be listed in the SET100 Index and included in the list of stocks approved by the SET and the company for short selling.
Lending stocks must be free of any encumbrances.
The minimum borrowing period is 1 day and the maximum is up to 1 year (365 days).
Borrowing stocks for short selling is done through a Credit Balance account.

Stocks available for lending must be held in a Cash or Internet account

Could one borrow a stock overnight across corporate action date?

Overnight borrowing is not permitted for stocks with an 'X' corporate action, with the exception of 'XM' corporate actions. However, if a client who owns the stock wishes to exercise their rights on the 'XM' date, they can recall the shares immediately.

Collateral Value for Stock Borrowing

For a borrower, the collateral value for stock borrowing is calculated identically to a Credit Balance account. The key metrics considered are the client's Excess Equity (EE) and Purchasing Power (PP).

How to Calculate Borrowing/Lending Fees

The method for calculating fees is as follows: