Maybank wins big at Triple A Islamic Finance Awards 2014

PETALING JAYA: Maybank Islamic Bhd and Maybank Investment Bank (Maybank IB) won big at the "Triple A Islamic Finance Awards 2014" by "The Asset" magazine.
Maybank Islamic won the "Best Islamic Bank of the Year", "Best Islamic Retail Bank & Trade Finance" and "Best Islamic Project Finance House" award.
Under the category of Best Islamic Finance Deals, Maybank Islamic won "Islamic Deal of the Year" as well as the "Highly Commended Deal for the Best Islamic Structured Finance/Best Local Currency Sukuk".
Meanwhile, Maybank IB picked up the award for "Best Islamic Equity for the UMW Oil & Gas Corp RM2.7 billion IPO in which it acted as joint principal adviser.
It won "Best Corporate Sukuk/Best New Sukuk" for the Sime Darby US$800 million (RM2582.4) five-year and ten-year sukuk in which Maybank IB was one of the joint lead arrangers and book runners.
It also won "Most Innovative Deal" for Telekom Malaysia's RM200 million sukuk where it was a joint lead arranger and manager.
Maybank IB was also recognized for its role as joint lead manager in the "Highly Commended Deal for Best Deal By Country" for the Cagamas Bhd RM3.8 billion multi-tenor sukuk, and also Danainfra Nasional RM300 million exchange-traded sukuk (RM8 billion programme) where it was a joint lead arranger and lead manager.
On the other hand, "Singapore Best Deal" went to Maybank IB for Swiber Capital's S$150 million (RM385.6) five-year sukuk where it was the sole lead arranger and global coordinator for the deal.
The Asset Triple A Awards is into its second decade, and has built itself a reputation for excellence whilst recognising the outstanding achievements of those in the industry. The awards are built upon a stringent methodology and a rigorous approach to the selection of winners.