Malaysian Rating Corporation Berhad (MARC), a prominent financial services provider in Malaysia, recognised outstanding performers in its 2023 Lead Managers' League Tables. Earlier this week, MARC presented the trophies to the winning banks. Published annually, the league tables evaluate lead managers based on the volume and number of lead-arranged issuances rated by MARC Ratings each year.
The issue count league table of MARC Ratings–rated debt and sukuk programmes/issuances was led by CIMB Investment Bank Berhad. Maybank Investment Bank Berhad secured the first runner-up position, while Kenanga Investment Bank Berhad and OCBC Bank (Malaysia) Berhad tied for the second runner-up position.
In terms of issued value, Maybank Investment Bank Berhad claimed the top position in the 2023 Lead Managers' League Tables. CIMB Investment Bank Berhad came in at second place, while HSBC Amanah Malaysia Berhad and HSBC Bank Malaysia Berhad shared third place.
“I would like to congratulate the top achievers of MARC’s Lead Managers’ League Tables for 2023. They have enabled businesses to grow by providing various funding alternatives, both conventional and Islamic,” said Datuk Jamaludin Nasir, MARC’s Group Chief Executive Officer.
Datuk Jamaludin also emphasised the capital markets’ vital role in driving economic growth, attracting investments, and ensuring financial stability in Malaysia by providing a platform for companies to raise funds from the fixed-income market, facilitate investment opportunities for individuals and institutions, as well as contribute to the development of a robust financial system.
