CIMB Investment Bank Berhad and CIMB Thai Bank PCL have been recognised with seven awards from the Alpha Southeast Asia 16th Annual Best Deal and Solution Awards 2022, an awards platform that recognises the best investment banking and Islamic finance practitioners in the region.
The banking group was acknowledged for its excellence in structuring, execution, and client service in bonds, equity, ESG/green bonds, and Islamic finance
Commenting on the achievement, Novan Amirudin, Co-Chief Executive Officer, of Group Wholesale Banking of CIMB Group said, “Our award for Best Bond House in Southeast Asia acknowledges the experience and expertise across our regional ASEAN network business, combined with a commitment to top client service in executing some of the finest deals in the region. We share these successes with our clients, without whom these awards would not have been possible”.
CIMB won the Best Bond House in Southeast Asia 2022 while its Equity House led the competition in Malaysia, raising a total apportioned value of US$773.3 million meanwhile its Thai Life Insurance’s THB37,067 million (US$1 billion) IPO was Thailand’s largest ever insurance IPO and the largest IPO in Thailand for the award period.
In ESG/Green Bonds, CIMB successfully launched and priced a US$3.25 billion Global Sukuk Offering (Global Trust Certificates) for the Republic of Indonesia, including a US$1.5 billion Green Sukuk tranche.
For Islamic finance, among the notable company was TNB Power Generation’s RM1.5 billion (US$341.5 million) Sustainability Sukuk Wakalah was the company’s inaugural Sustainability Sukuk Wakalah offering, with its Sustainability Sukuk Framework accorded a Gold rating by MARC Ratings Berhad.
