KUALA LUMPUR, Oct 26 (Bernama) — CIMB Group (“the Group” or “CIMB”) was once again recognised, for excellence in its suite of treasury offerings, in two sets of awards at the local and regional banking sectors. The Asia Risk Awards 2021 conferred the honour of Malaysia House of the Year and Thailand House of the Year to the group, while The Asset Triple A Private Capital Awards on Investment Solutions 2021 acknowledged CIMB’s top standing in 15 categories for investment solutions.
The two sets of awards pay tribute to the Group’s performance from April 2020 to March 2021, a particularly difficult period during the pandemic. Country teams in Malaysia, Thailand and Indonesia demonstrated resilience and the ability to navigate the volatile economic landscape of a challenging market, to assert themselves as a leader in asset classes including interest rate derivatives, FX derivatives, credit derivatives, commodity derivatives and equity derivatives. The group’s innovation also included Islamic structured products to meet growing demand from clients for Shariah-compliant investments (in Malaysia), while its further strengths in risk management were realised through the Group’s Enterprise-Wide Risk Management (“EWRM”) framework, enriching the assessment leading to the awards.
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