Meritz Sec stock enters note market after approval

Meritz Sec stock gains a new business dimension after Meritz Securities received approval on September 23, 2026, to issue short-term notes. The authorization connects the listed Korean broker to a funding market with a stated issuance ceiling of KRW 16.7 trillion.

Approval opens a new channel

As Seoul Economic Daily reported on September 23, 2026, Meritz Securities became Korea's ninth firm approved to issue short-term notes. The approval followed an application filed in July 2025 and a regulatory review lasting more than one year.

The decision also gives Meritz Securities eligibility for a broader comprehensive financial investment business framework. The company already operates in securities brokerage, investment banking, sales and trading, and related financial services, according to Morningstar on September 14, 2026.

Capital supports KRW 16.7 trillion

Meritz Securities reported equity capital of KRW 8.3495 trillion at the end of June 2026. The approved issuance capacity of KRW 16.7 trillion equals 200% of that capital base, according to Maeil Business Newspaper.

That comparison matters because the note business turns balance-sheet scale into potential funding capacity. The KRW 8.3495 trillion capital figure is therefore more than a background statistic; it is the direct limit used for the KRW 16.7 trillion ceiling.

What the approval changes

The authorization gives Meritz Securities another route to raise short-term funding and compete in Korea's note market. Its status as the ninth approved issuer places the company in a defined regulatory group rather than in a pilot phase.

For investors, the key measurable point is the relationship between capital and permitted issuance. A ceiling of 200% of equity capital provides a clear scale marker for the new business, while future earnings will depend on funding costs, product demand and execution.

Capital base sets the scale

Meritz Securities therefore enters the approved note market with KRW 8.3495 trillion of equity capital and a KRW 16.7 trillion issuance ceiling, both tied to the end of June 2026 and the approval dated September 23, 2026.