MAYBANK IB NAMED MALAYSIA'S BEST INVESTMENT BANK FOR SECOND CONSECUTIVE YEAR

KUALA LUMPUR, June 16 -- Maybank Investment Bank Bhd (Maybank IB) has been named Malaysia’s Best Investment Bank at the recent FinanceAsia Country Awards 2021.

It also won Malaysia’s Best Bond House, Best Equity House and Best Institutional Broker in the 15th Alpha Southeast Asia (Alpha SEA) Best FI Awards 2021. 

This is Maybank IB’s second consecutive year being named Best Investment Bank by FinanceAsia and Best Institutional Broker by Alpha SEA, and its third time winning Best DCM (Debt Capital Markets) House by FinanceAsia and Best Bond House by Alpha SEA.

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Commenting on the award, chief executive officer Fad’l Mohamed said the accolades would spur the investment bank to continue coming up with innovative solutions that employ a sustainability-first approach.

“Our teams at Maybank IB had to quickly pivot to respond to the challenges brought on by the COVID-19 pandemic.

“We are humbled to receive these accolades against this backdrop and would like to thank our clients for their trust in us,” he said in a statement today.

The investment bank continued being client-focused and delivered landmark transactions such as Sime Darby Property Bhd’s RM800 million ASEAN socially responsible investment (SRI) sukuk musharakah, and MR D.I.Y. Group (M) Bhd’s RM1.5 billion initial public offering.

Consequently, Maybank IB acted as the sole principal adviser, sole lead arranger and joint lead manager for the Sime Darby Property transaction, which marked several firsts. 

The five-year RM150 million tranche of the issuance was the first sustainability sukuk globally based on the shariah principle of musharakah and the first ASEAN SRI sukuk issued by a real estate developer. 

Maybank IB was also the sole ASEAN-based bank mandated for Petronas' US$6 billion (US$1=RM4.11) Global Medium Term Notes in 2020. 

The global bond offering was Southeast Asia's largest international bond issuance then and it had set a new benchmark by being the first global bond offering by a Malaysian issuer with a 40-year tranche.

Following the success, Maybank IB was mandated again for Petronas' US$3 billion Global Medium Term Notes in 2021, which is part of its US$15 billion Global Medium Term Note Programme. 

-- BERNAMA