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Malaysian bond and sukuk market top performers recognised at 19th RAM League Awards
Published on 25 Aug 2022.
The 19th annual RAM League Awards (RLA) was held on 24 August 2022. RAM Rating Services Berhad (RAM Ratings or RAM) presented a total of 16 awards in four categories to leading financial institutions (FIs) in the Malaysian bond and sukuk market. The first physical event for the awards since 2020, this year’s RLA was a private and intimate affair at Sage Restaurant in The Gardens, Kuala Lumpur.
CIMB Investment Bank Berhad secured four awards, taking pole position in all four RLA categories for corporate bonds and sukuk in terms of programme size (RM45.8 bil) as well as number of corporate bonds and sukuk issues (11 deals). Another big winner in terms of number of awards was Maybank Investment Bank Berhad which ranked second in three of the four categories. Maybank Investment arranged five deals totalling RM13.5 bil in corporate bonds and sukuk in 2021.
Other notable winners were AmInvestment Bank Berhad and RHB Investment Bank Berhad, which took three awards each for three categories, while MIDF Amanah Investment Bank Berhad was credited with arranging two corporate bond and sukuk deals.
”RAM congratulates all award winners, and we thank all attendees for making RLA a memorable annual event. We hope the RLA will remain the industry yardstick for FIs and issuers alike in advancing the Malaysian debt capital market,” said Awang Za’aba Awang Mahmud, RAM Ratings Chief Executive Officer, at the event.
The leading credit rating agency in Malaysia, RAM Ratings has rated bond and sukuk issues valued at about USD458 billion since its inception in 1990. Out of the total 33 rated debt issues in 2021, amounting to RM94.1 billion, RAM published the ratings of 27 debt issues with an aggregate value of RM73.3 billion.
RAM Lead Managers’ League Table for Corporate Bonds and Sukuk Issues for 2021
by Programme Value
|
Rank |
Lead Manager |
Programme Value (RM) |
% |
|
1 |
CIMB Investment Bank Berhad |
45,831,250,000 |
42.87% |
|
2 |
Maybank Investment Bank Berhad |
13,503,333,333 |
12.63% |
|
3 |
AmInvestment Bank Berhad |
11,527,500,000 |
10.78% |
|
4 |
RHB Investment Bank Berhad |
11,416,666,667 |
10.68% |
|
5 |
Hong Leong Investment Bank Berhad |
6,018,333,000 |
5.63% |
|
6 |
OCBC Bank (Malaysia) Berhad |
5,333,334,000 |
4.99% |
|
7 |
United Overseas Bank (Malaysia) Berhad |
5,063,333,000 |
4.74% |
|
8 |
HSBC Amanah Malaysia Berhad |
2,666,666,667 |
2.49% |
|
9 |
MIDF Amanah Investment Bank Berhad |
1,865,000,000 |
1.74% |
|
10 |
Bank Islam Malaysia Berhad |
1,361,666,667 |
1.27% |
|
11 |
AffinHwang Investment Bank Berhad |
1,166,666,667 |
1.09% |
|
12 |
Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad |
1,028,750,000 |
0.96% |
|
13 |
Standard Chartered Bank Malaysia Berhad |
75,000,000 |
0.07% |
|
14 |
Alliance Investment Bank Berhad |
45,000,000 |
0.04% |
|
|
Total |
106,902,500,000 |
100.00% |
RAM Lead Managers’ League Table for Corporate Bonds and Sukuk Issues for 2021
by Number of Issues
|
Rank |
Lead Manager |
Number of Issues |
% |
|
1 |
CIMB Investment Bank Berhad |
11 |
28.21% |
|
2 |
AmInvestment Bank Berhad |
5 |
12.82% |
|
2 |
Maybank Investment Bank Berhad |
5 |
12.82% |
|
3 |
MIDF Amanah Investment Bank Berhad |
3 |
7.69% |
|
3 |
RHB Investment Bank Berhad |
3 |
7.69% |
|
4 |
Hong Leong Investment Bank Berhad |
2 |
5.13% |
|
4 |
HSBC Amanah Malaysia Berhad |
2 |
5.13% |
|
4 |
Bank Islam Malaysia Berhad |
2 |
5.13% |
|
5 |
Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad |
1 |
2.56% |
|
5 |
OCBC Bank (Malaysia) Berhad |
1 |
2.56% |
|
5 |
United Overseas Bank (Malaysia) Berhad |
1 |
2.56% |
|
5 |
Standard Chartered Bank Malaysia Berhad |
1 |
2.56% |
|
5 |
Alliance Investment Bank Berhad |
1 |
2.56% |
|
5 |
AffinHwang Investment Bank Berhad |
1 |
2.56% |
|
|
Total |
39 |
100.00% |
RAM Lead Managers’ League Table for Sukuk Issues for 2021
by Programme Value
|
Rank |
Lead Manager |
Programme Value (RM) |
% |
|
1 |
CIMB Investment Bank Berhad |
43,778,750,000 |
43.78% |
|
2 |
RHB Investment Bank Berhad |
11,416,666,667 |
11.42% |
|
3 |
Maybank Investment Bank Berhad |
10,503,333,333 |
10.50% |
|
4 |
AmInvestment Bank Berhad |
9,750,000,000 |
9.75% |
|
5 |
Hong Leong Investment Bank Berhad |
6,018,333,000 |
6.02% |
|
6 |
OCBC Bank (Malaysia) Berhad |
5,333,334,000 |
5.33% |
|
7 |
United Overseas Bank (Malaysia) Berhad |
5,063,333,000 |
5.06% |
|
8 |
HSBC Amanah Malaysia Berhad |
2,666,666,667 |
2.67% |
|
9 |
MIDF Amanah Investment Bank Berhad |
1,865,000,000 |
1.87% |
|
10 |
Bank Islam Malaysia Berhad |
1,361,666,667 |
1.36% |
|
11 |
AffinHwang Investment Bank Berhad |
1,166,666,667 |
1.17% |
|
12 |
Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad |
1,028,750,000 |
1.03% |
|
13 |
Alliance Investment Bank Berhad |
45,000,000 |
0.05% |
|
|
Total |
99,997,500,000 |
100.00% |
RAM Lead Managers’ League Table for Sukuk Issues for 2021
by Number of Issues
|
Rank |
Lead Manager |
Number of Issues |
% |
|
1 |
CIMB Investment Bank Berhad |
7 |
22.58% |
|
2 |
Maybank Investment Bank Berhad |
4 |
12.90% |
|
3 |
AmInvestment Bank Berhad |
3 |
9.68% |
|
3 |
RHB Investment Bank Berhad |
3 |
9.68% |
|
3 |
MIDF Amanah Investment Bank Berhad |
3 |
9.68% |
|
4 |
Hong Leong Investment Bank Berhad |
2 |
6.45% |
|
4 |
HSBC Amanah Malaysia Berhad |
2 |
6.45% |
|
4 |
Bank Islam Malaysia Berhad |
2 |
6.45% |
|
5 |
Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad |
1 |
3.23% |
|
5 |
OCBC Bank (Malaysia) Berhad |
1 |
3.23% |
|
5 |
United Overseas Bank (Malaysia) Berhad |
1 |
3.23% |
|
5 |
Alliance Investment Bank Berhad |
1 |
3.23% |
|
5 |
AffinHwang Investment Bank Berhad |
1 |
3.23% |
|
|
Total |
31 |
100.00% |
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 was issued during the period, either in full or in part. Please refer to our website for further details on the criteria for the RAM League Tables.
Winners of Sukuk by Number of Issues
Winners of Sukuk by Programme Value
Winners of Bonds & Sukuk by Programme Value
Winners of Bonds & Sukuk by Number of Issues
Winners of the 19th RAM League Awards
Media contacts:
Firhan Yasser
+603 3385 2526
firhan@ram.com.my
Sakinah Ariffin
+603 3385 2505
sakinah@ram.com.my
About RAM Rating Services Berhad (RAM Ratings)
Established in 1990, RAM Ratings is a leading credit rating agency registered under the Securities Commission’s Guidelines on Registration of Credit Rating Agencies, 2011. In addition to the provision of credit ratings for corporate bonds and sukuk and their issuers, RAM Ratings also provides research and publications on Islamic finance, fixed income and macro-economic and industry analysis as well as data analytics relating to credit risk, counterparty assessments and other related domains.
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