KUALA LUMPUR: OCBC Bank (M) Bhd together with its Islamic subsidiary OCBC Al-Amin Bank Berhad (OCBC Malaysia) has won the prestigious Best Maiden Sukuk Award in the Alpha Southeast Asia 16th Annual Best Deal and Solution Awards 2022.
In a statement, OCBC said this was for its key roles as principal adviser and sustainability structuring adviser for edotco Group’s landmark RM3bil Sukuk Wakalah programme.
The Sukuk programme was the first foray into the ringgit debt capital market by edotco, a subsidiary of Axiata Group.
OCBC Malaysia managing director senior banker and head of investment banking Tan Ai Chin said the bank is deeply honoured for being recognised as one of the leaders in Malaysia for its holistic financial solutions encompassing loan syndication, bond market, and M&A advisory.
“We have demonstrated our strong capabilities to lead advise and arrange local and foreign currency Sukuk and loan syndications for our key clients. We are grateful to our valued clients for their confidence in our structuring and execution capabilities and thank them for their continued support.
“Beyond what we have just won, we also bagged two additional sustainability awards from The Asset Triple A Islamic Finance Awards 2022, namely Best SRI Sukuk and Best Sustainability-Linked Term Financing, which acknowledged our role in pioneering various innovative sustainable financing transactions.
“Given our aspiration to be Asia’s leading bank for responsible and sustainable finance, OCBC Malaysia will continue to help facilitate the nation’s transition journey by advising and offering innovative financing products to our valued clients, through partnership with regulators like Bursa Malaysia and Securities Commission,” she added.