CIMB Group 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.
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 percent market share in the region for this award period – 5.9 percent points ahead of the nearest competitor.
To-date, it is the largest Sukuk/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 9 of 13 years since 2007. It has also topped Malaysian bonds for 14 of 15 years since 2005.
Omar Siddiq, Chief Executive Officer, CIMB Bank Berhad and Chief Executive Officer, Group Wholesale Banking, CIMB Group said, “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.”
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.
CIMB Islamic also provides products that advance sustainability principles for customers looking to make a difference, such as its EcoSave Savings Account-i which commits 0.2 percent of the total average customer account CIMB digital solutions, simplified for you. www.cimb.com balance to support various green projects or programmes.
In 2019, CIMB introduced its Group Sustainable Financing Policy and Positive Impact Products and Services Framework. 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.