Thursday 25 Apr 2024
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KUALA LUMPUR (July 16): CIMB Investment Bank Bhd (CIMB IB) has topped Bloomberg’s underwriter league table for Malaysian ringgit bonds for the 12th year running.

In a statement today, CIMB IB said it maintained its long-standing top positions for Malaysian bond, equities and ringgit sukuk arranger, as well as for Asean local currency bonds in the first half of 2017 (1H 2017).

It also came out on the top two positions for global sukuk league table in the same period.

The investment bank garnered 32.28% of the Malaysian ringgit bond market share, with 60 issuances totalling RM16.16 billion in 1H 2017.

CIMB IB also led Bloomberg’s Malaysian ringgit sukuk, with a market share of 30.56% amounting to RM11.13 billion. It also maintained its dominance in the Asean local currency bonds for the sixth consecutive year with a 14.26% market share on the back of 152 issuances worth US$5.45 billion in the same period.

On the equity front, CIMB IB held the top position for six out of the last seven years in the Dealogic Malaysia Equity Capital Markets (ECM) league table for 1H 2017, having arranged deals which raised a total of US$560 million.

In the same period, CIMB also led the Dealogic Asean ECM league table with 12% market share, raising US$742 million in equity capital.

“Maintaining our top rankings, particularly the regional and global ones, are a testament to CIMB’s deep investment banking expertise complemented by our strong Asean presence and network. We owe these prestigious recognitions to our customers' trust and continuous support, as well as our staff's consistent effort in making CIMB a leading Asean universal bank," CIMB Group Holdings Bhd group chief executive Tengku Datuk Seri Zafrul Aziz said.

"With our T18 (short for Target 2018) recalibration completed, foundations strengthened and regional operating model refreshed, CIMB is now better-poised to harness more opportunities to forward our clients' business goals and ambitions within Asean,” he added.

CIMB Group operates its business through three main brand entities, CIMB Bank Bhd, CIMB IB and CIMB Islamic Bank Bhd. CIMB Group is also the 92.5% shareholder of PT Bank CIMB Niaga Tbk in Indonesia and 93.7% shareholder of CIMB Thai PCL in Thailand.

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