CIMB Tops Bloomberg's MYR Bonds League Table For 12 Consecutive Years

KUALA LUMPUR, July 17 (Bernama) -- CIMB Investment Bank Bhd maintains its long standing top positions for Malaysian bond, equities and ringgit sukuk arranger, as well as for ASEAN local currency bonds for the first half of 2017 (H1 2017). In a statement Sunday, CIMB said it was also in the top two positions for Global Sukuk league table for the same period. For 12 consecutive years, CIMB has topped Bloomberg’s Underwriter League Table for Malaysian Ringgit (MYR) Bonds, having garnered 32.28 per cent of the ringgit bond market share with 60 issuances totalling US$3.76 billion (RM16.16 billion) in H1 2017. CIMB also led Bloomberg’s MYR Sukuk, with a market share of 30.56 per cent amounting to RM11.13 billion, and maintained its dominance in the ASEAN local currency bonds - for the sixth consecutive year - with a 14.26 per cent market share on the back of 152 issuances worth US$5.45 billion for the same period. On the equity front, CIMB was ranked number one - for six out of the last seven years - in the Dealogic Malaysia Equity Capital Markets (ECM) league table for H1 2017, having successfully arranged landmark deals which raised a total of US$560 million. In the same period, CIMB also led the Dealogic ASEAN ECM league table with 12 per cent market share, raising US$742 million in equity capital. Group Chief Executive of CIMB Group, Tengku Zafrul Aziz said maintaining the top rankings, particularly the regional and global ones, were a testament to CIMB’s deep investment banking expertise complemented by its 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. "With our 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 said. (US$1 = RM4.28) CIMB Investment Bank Berhad provides investment banking and related financial services in Malaysia, Singapore, and internationally. -- BERNAMA