CIMB together with Unit Usaha Syariah PT Bank CIMB Niaga Tbk (CIMB Niaga Syariah) have been recognised with nine awards at the IFN Best Banks Poll 2022 and IFN Deals of the Year 2022. Notable achievements were CIMB Islamic’s seventh consecutive win as Best Islamic Bank in Malaysia and CIMB Niaga Syariah’s maiden win as Best Islamic Bank in Indonesia.
The IFN Best Banks Poll recognises the best providers of Islamic financial services across a series of markets and sectors as voted by the readers of Islamic Finance News, while the IFN Deals of the Year is awarded to the industry’s most ground-breaking transactions each year.
The complete list of awards is as follows:
IFN Best Banks Poll 2022
∙ Best Islamic Bank in Malaysia – CIMB Islamic Bank
∙ Best Islamic Bank in Indonesia – CIMB Niaga Syariah
∙ Best Investment Bank in Malaysia – CIMB Islamic Bank
∙ Best Investment Bank in Indonesia – CIMB Niaga Syariah
∙ Best Corporate Bank in Indonesia – CIMB Niaga Syariah
∙ Most Innovative Bank in Indonesia – CIMB Niaga Syariah
IFN Deals of the Year 2022
∙ IFN Equity & IPO Deal of the Year 2022 (Farm Fresh’s RM1.1 billion IPO) – CIMB Islamic Bank
∙ IFN Structured Finance Deal of the Year 2022 (Amanat Lebuhraya Rakyat’s RM5.5 billion Sustainability Sukuk Murabahah) – CIMB Investment Bank
∙ IFN Malaysian Deal of the Year 2022 (Amanat Lebuhraya Rakyat’s RM5.5 billion Sustainability Sukuk Murabahah) – CIMB Investment Bank
Ahmad Shahriman Mohd Shariff, Chief Executive Officer of CIMB Islamic said, “We are honoured to have been selected as a market leader in banking and finance in the IFN Best Banks Poll 2022 for Islamic banking, investment banking and corporate banking in Malaysia and Indonesia, which are two of CIMB’s key markets. This includes the outstanding recognition of Best Islamic Bank in
Malaysia for seven consecutive years, which underscores our innovations in Islamic and sustainable finance for our customers and clients, as well as the contributions we have made to the community and environment. Meanwhile, the IFN Deals of the Year 2022 recognise a stellar year of contribution by CIMB to both the Islamic finance and investment banking markets. These achievements were made possible by our teams’ deep industry knowledge and ongoing commitment to excellence, innovation, and customised client funding needs. We would like to thank our clients for their continuous support and share these successes with them, as we continue to work towards realising our Forward23+ strategic plan to be the leading focused ASEAN Bank.”
