CIMB Investment Bank tops RAM League Awards 2020

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(From left) RAM Holdings chairman Tan Sri Amirsham A Aziz, CIMB IB chief executive officer Jefferi Hashim, CIMB IB senior managing director and head of capital markets Nor Masliza Sulaiman and RAM Holdings group CEO Chris Lee posing for a photo.

KUCHING: CIMB Investment Bank Bhd (CIMB IIB) takes pole position in RAM’s Lead Managers’ League Tables for 2019, leading its peers in both the value and number of deals rated by RAM last year.

CIMB IB arranged RM18.9 billion or 32 per cent of the RM58.6 billion of RAM-rated corporate bonds in 2019. Maybank Investment Bank Bhd (Maybank IB) comes a close second, having arranged RM18.6 billion or 31 per cent of the same.

Having jointly lead managed several RAM-rated transactions, CIMB IB and Maybank IB rank among the top two in sukuk deals, both in terms of number of deals and programme size.

The RAM League Awards (RLA) ceremony is held annually, in recognition of the most influential and outstanding financial institutions (FIs) and organisations that are thought leaders, innovators and visionaries in the Malaysian bond and sukuk markets. The RLA fetes exceptional transactions and organisations that pioneer new structures and landmark deals.

Telekosang Hydro One Sdn Bhd’s green sukuk stood out in 2019 and has been awarded the Blueprint award. Telekosang’s green sukuk represents the world’s first mini-hydro project that is aligned with the requirements of Securities Commission Malaysia’s Sustainable and Responsible Investments Sukuk Framework, the Asean Green Bond Standards, and the Green Bond Principles.

“RAM congratulates all winners and hopes that the RLA will remain the industry yardstick for FIs and issuers alike in advancing the Malaysian debt capital market,” it said yesterday.

The RAM League Tables list lead managers by the value and number of deals for all RAM-rated bonds. Credit is given to the entire debt programme regardless of the type of instrument, as long as the debt had been issued during the period, either in full or in part.