CIMB also tops the ASEAN local currency bonds league table for ninth (9th) consecutive year in 2019

KUALA LUMPUR, Feb 26 (Bernama) -- CIMB Group (“the Group” or “CIMB”) garnered five notable awards at the 13th Alpha Southeast Asia Best Deal & Solution Awards 2019 for its strong and innovative capabilities across the ASEAN capital markets, equities, and trade finance space, including “Best Bond House in Southeast Asia” - an award CIMB has won seven (7) out of the eight (8) years since 2012.

Established in 2007, Alpha Southeast Asia is the first and only institutional investment magazine focused on Southeast Asia, targeted at institutional investors in the US, Europe and the Asia Pacific.

Commenting on the win, Shahnaz Jammal, CEO of Group Wholesale Banking, CIMB Group, said, “We are honoured to receive these awards and humbled by the vote of confidence by our clients across ASEAN. These awards are a testament to CIMB’s strong in-house capabilities, deep ASEAN expertise and continued commitment to deliver the best and most innovative investment solutions tailored to each of our client’s unique funding and business needs. We owe this recognition to our clients' trust and continuous support, as well as our team’s consistent effort in making CIMB a leading ASEAN universal bank.”

The Alpha Southeast Asia Best Deal & Solution Awards are given out to local and foreign banks in Southeast Asia using a fair, robust and informative methodology. The 13th edition of the awards saw a number of additional criteria incorporated to tighten the eligibility.

The full list of awards won by CIMB is as follows:
1. Best Bond House in Southeast Asia (2019) – CIMB

2. Best Islamic Finance Deal in Southeast Asia – CIMB Investment Bank as Sole Principal Adviser, Sole Lead Arranger & Joint Lead Manager
Digi Telecommunications’ RM900 Million Sukuk Murabahah

3. Best Islamic ABS-backed Sukuk – CIMB Investment Bank as Joint Principal Advisers, Joint Lead Arrangers & Joint Lead Managers
Zamarad Assets’ RM2 Billion (US$265 Million issue size) Sukuk Murabahah ABS Programme

4. Best Secondary Deal & Best Convertible Securities in Southeast Asia – CIMB Investment Bank as Joint Global Coordinators & Joint Underwriters Sapura Energy RM3,978.8 Million (US$955 Million) Rights Issue with Warrants & New Islamic Redeemable Convertible Preference Shares in SEB

5. Best Refinancing Deal in Southeast Asia – CIMB Thai Bank as Lead Arrangers
Thai Bev THB53 Billion (US$1.74 Billion) Unsubordinated & Unsecured Debt

About CIMB Group

CIMB Group is one of ASEAN’s leading universal banking groups and is Malaysia’s second largest financial services provider, by assets. It offers consumer banking, commercial banking, investment banking, Islamic banking and asset management products and services. Headquartered in Kuala Lumpur, the Group is present in all 10 ASEAN nations (Malaysia, Indonesia, Singapore, Thailand, Cambodia, Brunei, Vietnam, Myanmar, Laos and Philippines). Beyond ASEAN, the Group has market presence in China, Hong Kong, India, Korea, the US and UK.

CIMB Group has the most extensive retail branch network in ASEAN of around 702 branches as at 31 December 2019. CIMB Group’s investment banking arm is also one of the largest Asia Pacific-based investment banks, while it offers comprehensive research coverage of around 950 stocks in the region via its CGS-CIMB joint venture.

CIMB Group operates its business through three main brand entities, CIMB Bank, CIMB Investment Bank and CIMB Islamic. CIMB Group is also the 92.5% shareholder of Bank CIMB Niaga in Indonesia, and 94.8% shareholder of CIMB Thai in Thailand.

CIMB Group is listed on Bursa Malaysia via CIMB Group Holdings Berhad. It had a market capitalisation of approximately RM51.1 billion as at 31 December 2019. The Group has around 35,000 employees located in 15 countries.

SOURCE: CIMB Group

FOR MORE INFORMATION, PLEASE CONTACT: 
Name: Suria Zainal
Head
Group Corporate Communications
CIMB Group Holdings Berhad
Tel: +603 - 2261 0638
Email: suriawati.zainal@cimb.com

--BERNAMA