02 June 2017

CIMB clinches 21 awards at The Asset Triple A Islamic Finance Awards 2017

Awards include Best Investment Bank in Asia Pacific and Malaysia, Sukuk House of the Year in Asia Pacific and Asset Management House of the Year in Asia Pacific

Kuala Lumpur: CIMB Group (“the Group” or “CIMB”) garnered an outstanding 21 awards at The Asset Triple A Islamic Finance Awards 2017 including Sukuk House of the Year in Asia Pacific for the fifth year in a row. The Asset Triple A Islamic Finance Awards is one of the industry’s most prestigious in the fastest growing and most promising niches of global finance. The awards are conferred by The Asset, a leading financial publishing group in Asia Pacific.

Commenting on the win, Tengku Dato’ Sri Zafrul Aziz, Group Chief Executive, CIMB Group said, “We are thrilled and honoured to receive these awards from The Asset Triple A Islamic Finance Awards 2017. This notable success reflects the continuous effort that we have invested over the years to strengthen our Islamic Finance capabilities. Thanks to the continued strong support from our esteemed clients, we have now been recognised as Best Investment Bank in Asia Pacific and Malaysia, Sukuk House of the Year in Asia Pacific and Asset Management House of the Year in Asia Pacific. These multiple wins will spur us on to keep delivering the best customer value proposition to our clients, and to forward our aspiration to become a leading ASEAN universal bank. We are humbled by the continuous support and confidence of our valued clients and hope to maintain this strong momentum whilst endeavouring to fulfill our customers’ ever-evolving financing needs in the best and most cost-efficient ways.”

The debt capital markets team swept up a slew of awards for transactions brought to market for a host of sovereign, supranational and corporate clients in 2016 including Islamic Deal of the Year, Best Sovereign Sukuk, Best Sovereign Sukuk – Highly Commended, Best Sukuk, Best Government-guaranteed Sukuk, Best Supranational Sukuk, Best Corporate Sukuk, Best Local Currency Sukuk, Best Securitization Sukuk – Highly Commended, Best Project Finance Deal, Best Debut Sukuk, Best Acquisition Financing, Best Deal – Malaysia and Best Deal – Saudi Arabia.

CIMB Investment Bank Berhad’s (“CIMB Investment Bank”) capability and expertise to add real value to Sukuk transactions were also reflected in the various award-winning Sukuk deals. It recently won three major awards at the 14th Annual RAM League Awards, including first placing for the Malaysian Debt Capital Market League Award 2016 by Programme Value. CIMB Investment Bank also topped the Bloomberg Global Sukuk league table in 2016, making it the No.1 Global Sukuk house for eight out of the past 10 years, reaffirming its continued dominance in the global Sukuk market.

The success of CIMB Investment Bank’s regional operating model is also reflected in CIMB’s appointment as the only ASEAN franchise to arrange and lead-manage award-winning global transactions by the Government of Malaysia, the Republic of Indonesia, the Republic of Turkey, Her Majesty's Treasury of the United Kingdom and the Government of Hong Kong SAR, the last two of which represented the sovereigns' first foray into the global Sukuk market in 2014.

In addition, CIMB-Principal Islamic Asset Management Sdn Bhd (“CIMB-Principal Islamic”) took home the Asset Management House of the Year in Asia Pacific award. Riding on the wave of the growing momentum of increasing Islamic instruments acceptance, CIMB-Principal Islamic expects to deliver more innovative Islamic funds in the near future. As at 30 April 2017, CIMB-Principal Islamic manages more than USD650 million in Global Sukuk Mandates and Funds.

The Asset Triple A Islamic Finance Awards are given out to the best Islamic banks and houses, as well as the deals that best defined the industry in 2016. The Asset adopts a rigorous approach in selecting the best Islamic institutions and transactions in the various countries. Point scores for both quantitative and qualitative factors are combined to determine the winners. The honours are adjudicated by The Asset's Board of Editors and the Asset Benchmark Research team, who collectively have various decades of experience in evaluating awards in Asia.

The full list of awards won by CIMB is as follows:

1.      Best Investment Bank, Asia Pacific

2.      Best Investment Bank, Malaysia

3.      Sukuk House of the Year, Asia Pacific

4.      Asset Management House of the Year, Asia Pacific

5.      Islamic Deal of the Year
Government of Malaysia US$1.5 billion dual-tranche trust certificates

6.      Best Sovereign Sukuk
Government of Malaysia US$1.5 billion dual-tranche trust certificates

7.      Best Sovereign Sukuk – Highly Commended
Republic of Indonesia US$2.5 billion dual-tranche trust certificates

8.      Best Sukuk
Government of Malaysia US$1.5 billion dual-tranche trust certificates

9.      Best Exchangeable Sukuk
Bagan Capital US$398.8 million exchangeable sukuk into shares of Beijing Enterprises Water Group

10.    Best Quasi-government Sukuk
Danga Capital Berhad US$750 million wakala sukuk with commodity murabaha

11.    Best Government-guaranteed Sukuk
DanaInfra Nasional 4.5 billion ringgit murabaha sukuk

12.    Best Supranational Sukuk
Islamic Development Bank US$1.5 billion trust certificates

13.    Best Corporate Sukuk
TNB Global Ventures Capital US$750 million wakala sukuk

14.    Best Local Currency Sukuk
Cagamas 375 million ringgit commodity murabaha sukuk

15.    Best Securitization Sukuk – Highly Commended
CIMB Islamic Bank 900 million auto loan asset-backed securities

16.    Best Project Finance Deal
Lebuhraya DUKE Fasa 3 3.64 billion ringgit wakala bi al-istithmar sukuk

17.    Best Debut Sukuk
Lebuhraya DUKE Fasa 3 3.64 billion ringgit wakala bi al-istithmar sukuk

18.    Best Syndicated Loan
Yinson Production (West Africa) Private Limited US$780 million commodity murabaha term facility

19.    Best Acquisition Financing
Axiata SPV2 Berhad US$500 million wakala sukuk

20.    Best Deal - Malaysia
Government of Malaysia US$1.5 billion dual-tranche trust certificates

21.    Best Deal - Saudi Arabia
Islamic Corporation for the Development of the Private Sector US$300 million wakala sukuk