CIMB tops Bloomberg’s ringgit bonds league table for 12 years

  • Business
  • Monday, 17 Jul 2017

Companies like CIMB Group Holdings Bhd, Hong Leong Financial Group Bhd (HLFG) and AmBank Group Bhd may have to beef up their capital structures by 2019.

KUALA LUMPUR: CIMB Investment Bank Bhd has maintained its leadership positions as Malaysian bond, equities and ringgit sukuk arranger, as well as for Asean local currency bonds for the first half of 2017. CIMB was also in the top two positions for global sukuk league table for the same period.

CIMB has topped Bloomberg’s Underwriter League Table for ringgit bonds for 12 years. It garnered 32.28% of the Malaysian ringgit bond market share with 60 issuances totalling RM16.16bil in 1H2017.

It led Bloomberg’s ringgit sukuk, with a market share of 30.56% amounting to RM11.13bil and maintained its dominance in the Asean local currency bonds with a 14.26% market share on the back of 152 issuances worth US$5.45bil for the same period.

On the equity front, the investment bank was ranked No.1 in the Dealogic Malaysia Equity Capital Markets league table for 1H2017. It arranged deals which raised a total of US$560mil.

Group chief executive of CIMB Group, Tengku Datuk Seri Zafrul Aziz said the ability to maintain top ranking was a testament of group’s investment banking expertise and its Asean network.

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