Asia Risk’s House of the Year and The Asset Triple A Capital Awards for Investment Solutions are testament to the Group’s continued strength and resilience during a volatile period 


KUALA LUMPUR, Oct 26 (Bernama) -- CIMB Group (“the Group” or “CIMB”) was once again recognised, for excellence in its suite of treasury offerings, in two sets of awards at the local and regional banking sectors. The Asia Risk Awards 2021 conferred the honour of Malaysia House of the Year and Thailand House of the Year to the group, while The Asset Triple A Private Capital Awards on Investment Solutions 2021 acknowledged CIMB’s top standing in 15 categories for investment solutions. 
 

The two sets of awards pay tribute to the Group’s performance from April 2020 to March 2021, a particularly difficult period during the pandemic. Country teams in Malaysia, Thailand and Indonesia demonstrated resilience and the ability to navigate the volatile economic landscape of a challenging market, to assert themselves as a leader in asset classes including interest rate derivatives, FX derivatives, credit derivatives, commodity derivatives and equity derivatives. The group’s innovation also included Islamic structured products to meet growing demand from clients for Shariah-compliant investments (in Malaysia), while its further strengths in risk management were realised through the Group’s Enterprise-Wide Risk Management (“EWRM”) framework, enriching the assessment leading to the awards.   

Omar Siddiq, Chief Executive Officer, Group Wholesale Banking, CIMB Group said, “We are pleased to be acknowledged by these awards and would like to thank our clients for their unwavering support and continued confidence in our structuring expertise in developing cutting edge, innovative and customised solutions while leveraging our heritage of executional strength in meeting their diverse range of requirements in treasury solutions. The awards also reflect the strength and commitment of team CIMB as well as the collective teamwork in realising our strategy and investments, both in-country and across the Group, with our customers always being our utmost priority.”
 
The full list of awards is as follows:
 
Asia Risk Awards 2021
1. Malaysia House of the Year
2. Thailand House of the Year
 
The Asset Triple A Private Capital Awards for Investment Solutions 2021
Malaysia
1. Best Bank for Investment Solutions
2. Best Bank for Investment Solutions, Rates
3. Best Bank for Investment Solutions, Credit
4. Best Bank for Investment Solutions, FX
5. Best Bank for Investment Solutions, Commodities
6. Best Structured Investment and Financing Solutions, Credit (Bespoke Structured Total Return Swap)
7. Best Structured Investment and Financing Solutions, Credit (Enhanced GovernmentLinked Structured Product) 
 
Indonesia
8. Best Bank for Investment Solutions, Rates
9. Best Bank for Investment Solutions, FX
 
Thailand
10. Best Bank for Investment Solutions
11. Best Bank for Investment Solutions, Equity
12. Best Bank for Investment Solutions, Rates
13. Best Bank for Investment Solutions, FX
14. Best Structured Investment and Financing Solutions, FX (Principal Protected Shark Fin USDTHB Bullish Note)
15. Best Structured Investment and Financing Solutions, Fund (ESG Themed Fund Linked Note) 


About CIMB  

CIMB is one of ASEAN’s leading banking groups and Malaysia’s second largest financial services provider, by assets. Listed on Bursa Malaysia via CIMB Group Holdings Berhad, it had a market capitalisation of approximately RM46.2 billion as at 30 June 2021. It offers consumer banking, commercial banking, wholesale banking, transaction 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, South Korea, the US and UK.
 
CIMB has one of the most extensive retail branch networks in ASEAN with 635 branches and around 33,000 employees as at 30 June 2021. CIMB’s investment banking arm is one of the largest Asia Pacific-based investment banks, which together with its award-winning treasury & markets and corporate banking units comprise the Group’s leading wholesale banking franchise. CIMB is also the 92.5% shareholder of Bank CIMB Niaga in Indonesia, and 94.8% shareholder of CIMB Thai in Thailand. 


Photo caption:

Omar Siddiq, Chief Executive Officer, Group Wholesale Banking, CIMB Group

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SOURCE : CIMB Group

FOR MORE INFORMATION, PLEASE CONTACT:
Name : Lynn Guha Thakurta / Hishamuddin Omar
Group Corporate Communications 
CIMB Group Holdings Berhad
Email: lynn.thakurta@cimb.com / hishamuddin.omar@cimb.com

--BERNAMA