The 19th annual RAM League Awards presented a total of 16 awards in four categories to leading financial institutions (FIs) in the Malaysian bond and sukuk market.
Reigning in for this year, CIMB Investment Bank Berhad secured four awards, taking pole position in all four RLA categories for corporate bonds and sukuk in terms of programme size (RM45.8 bil) as well as number of corporate bonds and sukuk issues (11 deals). Another big winner in terms of a number of awards was Maybank Investment Bank Berhad which ranked second in three of the four categories. Maybank Investment arranged five deals totaling RM13.5 bil in corporate bonds and sukuk in 2021.
Other notable winners were AmInvestment Bank Berhad and RHB Investment Bank Berhad, which took three awards each for three categories, while MIDF Amanah Investment Bank Berhad was credited with arranging two corporate bond and sukuk deals.
”RAM congratulates all award winners, and we thank all attendees for making RLA a memorable annual event. We hope the RLA will remain the industry yardstick for FIs and issuers alike in advancing the Malaysian debt capital market,” said Awang Za’aba Awang Mahmud, RAM Ratings Chief Executive Officer, at the event.
RAM Ratings has rated bond and sukuk issues valued at about USD458 billion since its inception in 1990. Out of the total 33 rated debt issues in 2021, amounting to RM94.1 billion, RAM published the ratings of 27 debt issues with an aggregate value of RM73.3 billion.
