KUALA LUMPUR (April 8): Maybank Investment Bank Bhd clinched several major awards at the RAM League Awards 2014 held last month.
In a statement, the investment bank said under the RAM Award of Distinction 2014, Maybank IB clinched the top position for both lead manager award and lead manager award Islamic category for programme value.
Maybank IB was also named the Malaysian top lead manager for both corporate sukuk market and corporate bond market.
Maybank IB chief executive officer (CEO) John Chong said the investment bank is extremely honoured to receive these awards.
“It is truly gratifying to be recognised for the positive role that we play in the capital markets, as well as our contributions to its development,” he said.
“We are very proud of these achievements and will continue in our commitment to provide innovative financial solutions for the benefit of our clients,” he added.
The investment bank also dominated the categories for the special merit award.
For the Market Pioneer Lead Managers’ Recognition 2014 Awards, Maybank IB picked up the award for the first Malaysian Additional Tier-1 Capital Securities category for its role in Malayan Banking Bhd’s Additional Tier-1 Capital Securities Programme of up to RM10 billion.
It also won for the World’s first Rated Perpetual Subordinated Sukuk, World’s first Takaful Sukuk and World’s first RMB-Bond by a Mortgage Corporation for deals such as Malaysia Airport Holding Bhd’s RM2.5 billion perpetual subordinated sukuk programme, Etiqa Takaful Berhad’s subordinated Sukuk Musharakah facility of up to RM300 million and Cagamas Global Sukuk Berhad’s US$2.5 billion multi-currency sukuk programme.
Maybank IB also swept up the Blueprint Award 2014 for New Real-Estate Benchmark Deal for its Midciti Sukuk Berhad’s Sukuk Murabahah Programme of up to RM3 billion in nominal value.
The RAM League Awards recognises accomplishment and leadership in the Malaysian bond market.
It recognises distinctive and ground-breaking domestic bond or sukuk deals, whilst also acknowledging the institution’s innovative and progressive thinking.