CIMB recognised as Best Bond House in Southeast Asia for the 8th time in 9 years

By MUHAMMAD ARIEF CHE SOH
arief@dagangnews.com

KUALA LUMPUR 22 Dec. - CIMB Group (CIMB) has swept a total of 16 awards at the 14th Annual Alpha Southeast Asia Best Deal & Solution Awards 2020, including Best Bond House in Southeast Asia 2020, Best Ringgit Sukuk House of the Year 2020 and Best Social Impact Islamic Finance House in Asia 2020.

The awards are recognition of CIMB’s continued position as a leading ASEAN banking group for bond, Sukuk and equity transactions, while also highlighting its commitment to sustainable finance. 

CIMB Investment Bank has been named Best Bond House in Southeast Asia for eight out of nine times since 2012, standing above the competition with 298 issues and 14.0% market share in the region for this award period –5.9% points ahead of the nearest competitor. 

To-date, it is the largest Sukuk or bond arranger in ASEAN, largest global Sukuk arranger and largest MYR Sukuk/bond arranger. 

According to Bloomberg data, CIMB has been ranked No. 1 in ASEAN local currency bonds for 9 consecutive years since 2011 and No. 1 in global Sukuk for nine of 13 years since 2007. 

It has also topped Malaysian bonds for 14 of 15 years since 2005. 

Chief Executive Officer, CIMB Bank Berhad and Chief Executive Officer, Group Wholesale Banking, CIMB Group, Omar Siddiq said, they are truly honoured with strong showing at this year’s awards programme and also represent the trust placed by clients and partners across ASEAN. 

"These awards are a testament to CIMB’s focused ASEAN banking expertise and strong in-house capabilities, particularly during the challenging market conditions brought about by the pandemic in 2020. 

"We are also encouraged by the recognition for our sustainable banking initiatives, in this case by enhancing our social impact via Islamic finance to benefit environmental causes and communities. 

"Going forward, we will continue to support our clients across the region by delivering the most innovative financial and investment solutions tailored to their needs, in line with our aim of becoming the leading focused ASEAN bank under our Forward23+ strategy," he said in a statement today.

CIMB Islamic was also recognised as the Best Social Impact Islamic Finance House in Asia 2020 under the programme’s inaugural ESG Green Finance Awards in recognition of its active efforts to support sustainable causes through Islamic finance and Value-Based Intermediation.

These include supporting the B40 group, including entrepreneurship upskilling programme MicroBizReady, contributions to charitable organisations, and a wide range of CSR programmes.

Besides, CIMB has also been awarded two Transactional Banking Awards for Best Cash Management Solution in Malaysia 2020 and Best Trade Finance Solution in Malaysia 2020.

The complete list of awards won by CIMB is as follows;

1) Best Bond House in Southeast Asia 2020

2) Best Ringgit Sukuk House of the Year 2020

3) ESG Green Finance Award 2020 – Best Social Impact Islamic Finance House in Asia 2020 (CIMB Islamic)

4) Best Equity Deal of the Year, Malaysia

• Mr D.I.Y. Group (M) Berhad’s RM1.5 billion (US$362 million) IPO

5) Best Local Currency Bond Deal of the Year, Thailand & Best Bond Deal for Retail Investors in Southeast Asia (CIMB Thai Bank)

• Charoen Pokphand Foods PCL's THB25 billion Unsubordinated and Unsecured Debt

6) Best SRI Sukuk & Best Islamic & Conventional Finance Deal of the Year

• Axiata Group Berhad's US$500 million Sukuk Wakala & US$1 billion Dual-tranche Offering

7) Best Islamic Subordinated Perpetual Bond & Most Innovative Islamic Finance Deal of the Year

• TG Excellence Berhad's RM1.3 billion (US$310 million) Perpetual Sukuk Wakalah

8) Best Corporate Sukuk 

• Tenaga Nasional Berhad's RM3 billion (US$707 million) Sukuk Wakalah

9) Best Local Currency Sukuk

• Dialog Group Berhad's RM500 million Perpetual Sukuk Wakalah

10) Best Islamic Finance Project Finance Deal of the Year

• Pengerang LNG (Two) Berhad's RM1.7 billion (US$410.5 million) Project Financing Sukuk Murabahah

11) Transactional Banking Awards – Best Cash Management Solution in Malaysia 2020 (CIMB Bank)

• Reconciliation solution proposed to one of Malaysia’s largest food delivery brands

12) Transactional Banking Awards – Best Trade Finance Solution in Malaysia 2020 (CIMB Bank)

• Liquidity solution to a major Automotive Manufacturer. - DagangNews.com