FinanceAsia Awards 2025: Southeast Asia winners announced | FinanceAsia

By:
On:
In: Asia, Finance, South-East Asia

As the world is still yet out of the tariff woods, leading financial institutions across Asia Pacific (Apac) continue to navigate the uncertain tides and have made waves in the uncertain time. In the meantime, It was another challenging year for institutions in Asia as the global economy continues to recover after the Covid-19 pandemic, with sluggish economic growth. 

It is worth pausing to celebrate people, teams and organisations that have withstood the test of another challenging, if not difficult, year. Not only does geopolitcal complexity persist, each market is on their unique mission towards recovery, sustainability, digitalisation, restructuring, or innovation. 

The FinanceAsia team invited banks, brokers, ratings agencies and other financial institutions, to showcase their capabilities when supporting their clients. Our awards process celebrates those institutions that showed determination to deliver desirable outcomes, through the display of commercial and technical acumen.

 This year marks the 29th iteration of our FinanceAsia awards and celebrates activity that took place during the 12 months of 2024. 

Read on for details of the winners and finalists (entrants whose submissions were ((Highly commended by our jury) for North Asia. Full write-ups explaining the rationale behind winner selection will be published the Awards edition of FinanceAsia, with subsequent syndication online.

Congratulations to all of our winners in the Southeast Asian (SEA) markets: 

BRUNEI DOMESTIC

 

BEST BANK

 

Baiduri Bank

 

INDONESIA DOMESTIC

 

BEST BANK

 

PT Bank Mandiri (Persero) Tbk

 

Highly commended – Bank BRI

 

BEST BANK FOR FINANCIAL INCLUSION

 

Bank BRI

 

BEST BROKER

 

PT CGS International Sekuritas Indonesia

 

BEST COMMERCIAL BANK – SMES

 

Bank BRI

 

BEST CORPORATE BANK – LARGE CORP & MNCS

 

PT Bank Mandiri (Persero) Tbk

 

BEST CUSTODIAN BANK

 

Bank BRI

 

Highly commended – PT Bank Mandiri (Persero) Tbk

 

BEST DCM HOUSE

 

PT Indo Premier Sekuritas

 

BEST ESG CONSULTANT

 

UMBRA – Strategic Legal Solutions

 

BEST LAW FIRM

 

UMBRA – Strategic Legal Solutions

 

BEST PRIVATE BANK

 

Bank BRI

 

BEST RETAIL BANK

 

PT Bank Mandiri (Persero) Tbk

 

BEST STRATEGIC INITIATIVE – BANKS

 

PT Bank Mandiri (Persero) Tbk

 

Highly commended – PT Bank Syariah Indonesia Tbk

 

BEST SUSTAINABLE BANK

 

PT Bank Mandiri (Persero) Tbk

 

BIGGEST SUSTAINABLE IMPACT – BANKS

 

PT Bank Mandiri (Persero) Tbk

 

MOST DEI PROGRESSIVE – BANKS

 

 PT Bank Mandiri (Persero) Tbk

 

MOST INNOVATIVE USE OF TECHNOLOGY – BANKS

 

PT Bank Mandiri (Persero) Tbk

 

Highly commended – Bank Saqu

 

INDONESIA INTERNATIONAL

 

BEST BANK

 

BNP Paribas

 

BEST COMMERCIAL BANK – SMES

 

OCBC

 

BEST DCM HOUSE

 

DBS Bank

 

BEST ECM HOUSE

 

UBS

 

BEST INVESTMENT BANK

 

Deutsche Bank

 

Highly commended – UBS

 

BEST M&A HOUSE

 

 UBS

 

BEST SUSTAINABLE BANK

 

DBS Bank

 

BIGGEST SUSTAINABLE IMPACT – NONBANK FINANCIAL INSTITUTIONS

 

Credit Guarantee and Investment Facility (CGIF)

 

MALAYSIA DOMESTIC

 

BEST BROKER

 

CGS International Securities Malaysia

 

BEST COMMERCIAL BANK – SMES

 

Alliance Bank Malaysia

 

BEST CORPORATE BANK – LARGE CORP & MNCS

 

Maybank

 

BEST DCM HOUSE

 

CIMB

 

Highly commended – Maybank Investment Bank

 

BEST ECM HOUSE

 

CIMB

 

BEST INVESTMENT BANK

 

CIMB

 

BEST M&A HOUSE

 

CIMB

 

BEST SUSTAINABLE BANK

 

 Maybank Investment Bank

 

BIGGEST SUSTAINABLE IMPACT – NONBANK FINANCIAL INSTITUTIONS

 

AmInvest

 

MOST INNOVATIVE USE OF TECHNOLOGY – BANKS

 

Kenanga Investment Bank Berhad

 

MALAYSIA INTERNATIONAL

 

BEST BANK

 

 UOB Malaysia

 

BEST COMMERCIAL BANK – SMES

 

OCBC

 

BEST M&A HOUSE

 

UBS

 

BEST SUSTAINABLE BANK

 

UOB Malaysia

 

MYANMAR DOMESTIC

 

MOST INNOVATIVE USE OF TECHNOLOGY – BANKS

 

KBZ Bank

 

PHILIPPINES DOMESTIC

 

BEST BANK

 

BDO Unibank

 

Highly commended – Bank of the Philippine Islands

 

BEST BANK FOR FINANCIAL INCLUSION

 

BPI Foundation, Inc.

 

BEST BROKER

 

First Metro Securities Brokerage Corporation

 

BEST COMMERCIAL BANK – SMES

 

Security Bank Corporation

 

BEST CORPORATE BANK – LARGE CORP & MNCS

 

Bank of the Philippine Islands

 

BEST DCM HOUSE

 

First Metro Investment Corporation

 

BEST ECM HOUSE

 

BPI Capital Corporation

 

BEST INVESTMENT BANK

 

 BPI Capital Corporation

 

Highly commended – Security Bank Capital Investment Corporation

 

BEST RETAIL BANK

 

 Bank of the Philippine Islands

 

BEST SUSTAINABLE BANK

 

Bank of the Philippine Islands

 

BIGGEST SUSTAINABLE IMPACT – BANKS

 

Bank of the Philippine Islands

 

PHILIPPINES INTERNATIONAL

 

BEST BANK

 

HSBC

 

BEST BANK FOR PUBLIC SECTOR CLIENTS

 

Citibank N.A

.

BEST CORPORATE BANK – LARGE CORP & MNCS

 

 Citibank N.A.

 

BEST CORRESPONDENT BANK

 

 Citibank N.A.

 

BEST CUSTODIAN BANK

 

HSBC

 

BEST DCM HOUSE

 

UBS

 

BEST ECM HOUSE

 

UBS

 

BEST INVESTMENT BANK

 

UBS

 

BEST M&A HOUSE

 

UBS

 

BEST STRATEGIC INITIATIVE – NONBANK FINANCIAL INSTITUTIONS

 

 FinVolution Group

 

SINGAPORE DOMESTIC

 

BEST BANK

 

 United Overseas Bank

 

BEST BROKER

 

 Maybank Securities Singapore (MSSG)

 

BEST COMMERCIAL BANK – SMES

 

OCBC

 

BEST DCM HOUSE

 

United Overseas Bank Limited

 

BEST ECM HOUSE

 

DBS Bank

 

BEST INVESTMENT BANK

 

DBS Bank

 

BEST LAW FIRM

 

Allen & Gledhill

 

BEST M&A HOUSE

 

United Overseas Bank Limited

 

BEST SUSTAINABLE BANK

 

DBS Bank

 

MOST INNOVATIVE USE OF TECHNOLOGY – BANKS

 

OCBC

 

MOST INNOVATIVE USE OF TECHNOLOGY – NONBANK FINANCIAL INSTITUTIONS

 

UOB Asset Management

 

SINGAPORE INTERNATIONAL

 

BEST BANK

 

 Citi Singapore

 

BEST DCM HOUSE

 

 UBS

 

BEST INVESTMENT BANK

 

Citi Singapore

 

BEST M&A HOUSE

 

 UBS

 

BEST SUSTAINABLE BANK

 

ANZ

 

MOST DEI PROGRESSIVE – NONBANK FINANCIAL INSTITUTIONS

 

Aberdeen Investments

 

MOST INNOVATIVE USE OF TECHNOLOGY – BANKS

 

 CIMB Singapore

 

MOST INNOVATIVE USE OF TECHNOLOGY – NONBANK FINANCIAL INSTITUTIONS

 

 Aberdeen Investments

 

Highly commended – Marex Solutions

 

THAILAND DOMESTIC

 

BEST BROKER

 

CGS International Securities Thailand

 

BEST DCM HOUSE

 

KASIKORNBANK PUBLIC COMPANY LIMITED

 

BEST ECM HOUSE

 

Kiatnakin Phatra Securities Public Company Limited

 

BEST INVESTMENT BANK

 

Kiatnakin Phatra Securities Public Company Limited

 

BEST LAW FIRM

 

Weerawong, Chinnavat and Partners

 

BEST M&A HOUSE

 

Kiatnakin Phatra Securities Public Company Limited

 

BEST SUSTAINABLE BANK

 

Bangkok Bank PCL

 

THAILAND INTERNATIONAL

 

BEST BANK

 

HSBC Thailand

 

BEST ECM HOUSE

 

 UBS

 

Highly commended – Maybank Investment Bank

 

BEST INVESTMENT BANK

 

UBS

 

BEST M&A HOUSE

 

UBS

 

BEST SUSTAINABLE BANK

 

UOB Thailand

 

BIGGEST SUSTAINABLE IMPACT – BANKS

 

UOB Thailand

 

VIETNAM DOMESTIC

 

BEST BANK

 

Vietnam Technological and Commercial Joint Stock Bank (Techcombank)

 

Highly commended – Asia Commercial Bank

 

BEST BANK FOR PUBLIC SECTOR CLIENTS

 

Saigon-Hanoi Commercial Joint Stock Bank (SHB)

 

BEST BROKER

 

SSI Securities Corporation

 

BEST DCM HOUSE

 

SSI Securities Corporation

 

BEST INVESTMENT BANK

 

SSI Securities Corporation

 

BEST LAW FIRM

 

YKVN LLC

 

BEST SUSTAINABLE BANK

 

Vietnam Technological and Commercial Joint Stock Bank (Techcombank)

 

Highly commended – OCB

 

MOST INNOVATIVE USE OF TECHNOLOGY – NONBANK FINANCIAL INSTITUTIONS

 

Techcom Securities Joint Stock Company

 

VIETNAM INTERNATIONAL

 

BEST BANK

 

HSBC

 

BEST COMMERCIAL BANK – SMES

 

Citi Vietnam

 

BEST CORPORATE BANK – LARGE CORP & MNCS

 

Citi Vietnam

 

BEST DCM HOUSE

 

HSBC

 

BEST ECM HOUSE

 

 HSBC

 

Highly commended – UBS

 

BEST INVESTMENT BANK

 

UBS

 

BEST M&A HOUSE

 

UBS

 

BEST SUSTAINABLE BANK

 

Citi Vietnam

 

BIGGEST SUSTAINABLE IMPACT – BANKS

 

HSBC

 

BIGGEST SUSTAINABLE IMPACT – NONBANK FINANCIAL INSTITUTIONS

 

Private Infrastructure Development Group (PIDG)

 

MOST INNOVATIVE USE OF TECHNOLOGY – BANKS

 

HSBC

 


¬ Haymarket Media Limited. All rights reserved.

Continue Reading

FinanceAsia Awards 2025 — open now | FinanceAsia

By:
On:
In: Asia, Finance, South-East Asia

The FinanceAsia team is delighted to open submissions to the 29th edition of our annual flagship Awards, the FinanceAsia Awards 2025, which recognise the best banks, brokers, rating agencies, consultants, law firms and non-bank financial institutions across the region.

In 2024 markets grappled with significant challenges, including higher than expected interest rates, a slow Chinese economy and several high-profile elections.

On a more positive note, the year saw a number of large M&A deals, IPOs and bond offerings, with markets such as India and Japan performing particularly well. A combination of new technology, such as artificial intelligence (AI), data centres, and the drive towards net zero, will continue to be seen as key investment opportunities in the region.

The FinanceAsia team is once again inviting market participants to showcase their capabilities when supporting clients. We want to celebrate those institutions that have shown a determination to deliver desirable outcomes for their clients, through a display of commercial and technical acumen.

We look forward to meeting the winners and highly commendeds at the FinanceAsia Awards Ceremony in June.

Enter now here: https://bit.ly/3Ptn5KA.

Key Dates

Launch date: January 14, 2025

Entry and submission deadline: February 27, 2025

Winners announced: Week of April 7, 2025 

Awards ceremony / gala dinner: June 26 

Eligibility period: All entries should relate to acheivements from the period January 1, 2024 to December 31, 2024 


¬ Haymarket Media Limited. All rights reserved.

Continue Reading

BRI’s recent award triumphs point to its focus on becoming a champion of financial inclusion | FinanceAsia

By:
On:
In: Asia, Finance, South-East Asia

According to Sunarso, leader director, Bank Rakyat Indonesia ( BRI),” Tr I will continue to focus on the MSME section to realize its dreams of becoming the most important banks group in Southeast Asia and a champion of financial inclusion by 2025.” He continued,” As the nationwide economic structure is dominated by Enterprises, providing loans to MSME people is anticipated to have a significant positive impact on the Indonesian business.”

The 130-year-old company’s outstanding achievement in FinanceAsia Asia’s Best Businesses Poll 2024 and the FinanceAsia Awards demonstrate how focused this perspective is on BRI’s peers in the industry.

In FinanceAsia Asia’s Best Companies ballot, the banks won silver in the following categories: Best Director for Sunarso, leader director, BRI, Best Managed Company – Indonesia, and Best Investor Relations – Indonesia.

Additionally, BRI won bronze in the types of Best Big Cap Company in Indonesia and Best CFO in Indonesia for Viviana Dyah Ayu Retno K, Most Committed to DEI – Indonesia, Most Committed to ESG – Indonesia, and Best Big Cap Company – Indonesia.

The bank had a stellar run at the FinanceAsia Awards 2023-2024 winning Best Bank for Financial Inclusion ( Domestic ) and Best Commercial Bank- SMEs ( Domestic ), apart from securing commendations for Best Sustainable Bank ( Domestic ), Most Innovative Use of Technology – Banks ( Domestic )

View Sunarso, the president’s director ,’s acceptance speech, below.

¬ Capitol Media Limited. All rights reserved.

Continue Reading

Winners: FinanceAsia Awards 2022-2023 Southeast Asia | awards, financeasia awards, southeast asia, sustainability, impact, esg, flagship awards, annual winners, 27th iteration | FinanceAsia

By:
On:
In: Asia, Finance, South-East Asia

Still reeling from the effects of last year’s supply chain woes, energy disruptions and geopolitical tensions, financial markets are now also contending with the impact of consecutive interest rate hikes and uncertainty following recent banking turmoil.

While 2023 may not deliver the capital markets rebound we were all hoping for, it is worth pausing to recognise leading financial institutions that have forged through and made waves in these volatile times.

Marked progress and innovation across deals continues to demonstrate regeneration and resilience. After all, the goal posts have not changed: each of Asia’s markets is bound by net zero commitments; and digital transformation continues to drive regulatory discourse and development around emerging sectors and virtual assets. As a result, sustainability and digitisation continue to be underlying themes shaping a new paradigm for deal-making in the region. 

The FinanceAsia team invited banks, brokers and ratings agencies to showcase their capabilities to support their clients as they navigated these uncertain economic times. Our awards process celebrates those institutions that showed determination to deliver desirable outcomes, through display of commercial and technical acumen.

This year marks the 27th iteration of our FinanceAsia awards and celebrates activity that has taken place within the past year (2022).

To reflect new trends, this year we introduced an award for Biggest ESG Impact (encompassing all three elements of ESG strategy) and updated our D&I award to include equity: Most Progressive DEI Strategy.

Read on for details of the winners for Southeast Asia. Full write-ups explaining the rationale behind winner selection will be published in the summer edition of the FinanceAsia magazine, with subsequent syndication online.

Congratulations to all of our winners!

 

*** SOUTHEAST ASIA ***

CLM (CAMBODIA, LAOS, MYANMAR)
Domestic
Best Bank: Cambodian Public Bank
***

INDONESIA
Domestic
Best Bank: PT Bank Central Asia
Best Broker: PT Mirae Asset Sekuritas
Best DCM House: PT Mandiri Sekuritas
Best ECM House: PT Mandiri Sekuritas
Best ESG Impact: PT Bank Mandiri
Best Investment Bank: PT Mandiri Sekuritas
Best Sustainable Bank: PT Bank Mandiri
Most Innovative Use of Technology: PT Bank Mandiri
Most Progressive DEI: PT Bank Rakyat Indonesia

International
Best Bank: BNP Paribas
Best Investment Bank: BNP Paribas
Best Sustainable Bank: MUFG
***

MALAYSIA
Domestic
Best Bank: Public Bank Berhad
Best DCM House:
Winner: CIMB Investment Bank
Finalist: Maybank Investment Bank
Best ECM House: Maybank Investment Bank
Best ESG Impact: Public Bank Berhad
Best Investment Bank:
Winner: Maybank Investment Bank
Finalist: CIMB Investment Bank
Best Sustainable Bank:
Winner: Public Bank Berhad
Finalist: Maybank Investment Bank
Most Progressive DEI: CIMB Bank

International
Best Bank: Citi
***

PHILIPPINES
Domestic
Best Bank: BDO Unibank
Best DCM House:
Winner: BPI Capital Corporation
Finalist: China Bank Capital
Best ECM House:
Winner: First Metro Investment
Finalist: China Bank Capital
Best ESG Impact: Bank of the Philippines Islands
Best Investment Bank:
Winner: First Metro Investment Corporation
Finalist: SB Capital Investment Corporation
Best Sustainable Bank: Bank of the Philippine Islands

International
Best Bank: HSBC
Most Progressive DEI: Citi
***

SINGAPORE
Domestic
Best Bank: DBS Bank
Best Broker: CGS-CIMB Securities
Best DCM House: United Overseas Bank
Best ESG Impact: DBS Bank
Best Investment Bank: DBS Bank
Best Sustainable Bank: DBS Bank
Most Innovative Use of Technology: DBS Bank

International
Best Bank: Citi
Best Investment Bank: Citi
Best Sustainable Bank: MUFG
Most Progressive DEI: Citi
***

THAILAND
Domestic
Best Broker: InnovestX Securities Co., Ltd.
Best ECM House: Kiatnakin Phatra Securities PCL
Best DCM House: Kasikornbank
Best Investment Bank: Kiatnakin Phatra Securities PCL
Best Sustainable Bank: Bangkok Bank PCL
Most Innovative Use of Technology: InnovestX Securities Co., Ltd

International
Best Bank: HSBC
Best Investment Bank: Citi
Best Sustainable Bank: MUFG
Most Progressive DEI: Citi
***

VIETNAM
Domestic
Best Bank: Techcombank
Best Broker: SSI Securities Corporation
Best Investment Bank:
Winner: Viet Capital Securities Corporation
Finalist: SSI Securities Corporation
Best DCM House: SSI Securities Corporation
Best ECM House:
Winner: Viet Capital Securities JSC
Finalist: SSI Securities Corporation
Best ESG Impact: Saigon-Hanoi Commercial Bank
Most Innovative Use of Technology: TechcomSecurities

International
Best Bank: HSBC
Best ESG Impact: HSBC
Best Investment Bank: HSBC
Best Sustainable Bank: Citi
Most Innovative Use of Technology: HSBC

***

For other winners:

Click here to see the winners across North Asia.

Click here to see the winners across South Asia.

¬ Haymarket Media Limited. All rights reserved.

Continue Reading