Kuala Lumpur, 22 July 2015 - Maybank Investment Bank (Maybank IB) was named Best Investment Bank in Malaysia at the Euromoney Awards for Excellence 2015. It was also recently named the Best Domestic Equity House in Malaysia by Asiamoney’s Best Domestic Bank Awards.
In awarding Maybank IB as the Best Investment Bank in Malaysia, Euromoney noted that the investment bank “boosted its revenues in a period when others fell back. Particularly strong showings in Equity Capital Markets (ECM) and Debt Capital Markets (DCM) were backed up by a decent performance in Merger & Acquisition (M&A)”. Euromoney’s prestigious Asia Awards are seen as the benchmark for the leading firms in financial services in the region, and are fiercely contested across numerous markets and categories. The awards ceremony was held on 16 July 2015 at the Island Shangri La Hotel in Hong Kong.
Asiamoney, on the other hand, cited Maybank IB’s “improvement in market share of primary equity capital markets activity in Malaysia as overall volumes stayed flat” and the fact that it “doubled its roster of deals over the period, to 14, while also increasing its market share to 17% from 11.5%” as some of the key reasons for naming the investment bank the Best Domestic Equity House in Malaysia.
John Chong, CEO of Maybank IB said, “We are extremely honoured to receive these awards and would like to thank our clients for their continued support and trust in us. This recognition reaffirms our belief that consistent, long-term growth comes from building sustainable relationships with our clients by continuing to deliver the best for them.”
The Euromoney Awards for Excellence, now in its 24th consecutive year, continues to be the most respected awards in the financial services industry. Building on its established criteria of past years, Euromoney combines quantitative data with informed and important subjective judgements to honour those institutions that have brought the highest levels of service, innovation and expertise to their customers.
Asiamoney’s Best Domestic Bank Awards has been running for over 20 years and has become the most highly regarded award in Asia. The award is based on a mixture of internal research and recommendations from industry experts such as analysts and fund managers.