KUALA LUMPUR: CIMB Group (CIMB) garnered 12 notable awards at The Asset Triple A Islamic Finance Awards 2018 including ‘Sukuk Adviser of the Year in Asia Pacific’ for the seventh year in a row and Best Islamic Investment Bank in Asia Pacific for the ninth time in the last 10 years.
The group also won Best Islamic Deal for Indonesia, China, Cambodia, and Hong Kong.
CIMB Group is a leading Kuala Lumpur-headquartered ASEAN universal bank, one of the largest investment banks in Asia and one of the largest Islamic banks in the world. As the fifth largest banking group in ASEAN, we have around 37,000 staff in 15 countries across ASEAN, Asia and beyond. CIMB Investment Bank provides market-leading conventional and Islamic financial advice for a tailored delivery of banking solutions to our clients.
Commenting on the win, CIMB Group chief executive officer Tengku Datuk Seri Zafrul Aziz said in a press statement: “We are honoured to receive these Islamic Finance awards from The Asset Triple A and we owe this recognition to the unwavering support from our esteemed clients, as well as our staff’s consistent effort in making CIMB Group a leading regional universal bank.
“In particular, winning Best Islamic Deal for China and Hong Kong reflects how CIMB’s deep in-house syariah expertise, leading position and solid track record are recognised even beyond Asean’s borders.
“These awards will spur us on to continue delivering the best and most innovative sukuk solutions tailored to each of our client’s unique funding and business needs. ”
The Asset Triple A Islamic Finance Awards is one of the industry’s most prestigious in the Islamic space, the fastest growing segment in global finance. The awards are conferred by The Asset, a leading financial publishing group in Asia Pacific.
CIMB’s DCM team took home a slew of awards for various deals arranged sovereign, supranational and corporate clients in 2017 including Best Quasi-Sovereign Sukuk, Best Government-guaranteed Sukuk, Best Corporate Hybrid Sukuk, Best Retail Sukuk.
The Asset Triple A Islamic Finance Awards are given out to the best Islamic banks and houses, as well as deals that defined the industry in 2017.
The Asset adopts a rigorous approach – both quantitative and qualitative – in selecting the best Islamic institutions and transactions in the various countries.
The honours are adjudicated by The Asset’s Board of Editors and the Asset Benchmark Research team, who collectively have decades of experience in evaluating awards in Asia.