CIMB Dominates Asiamoney Brokers Poll 2007
Posted by CWA Info on January 19, 2008
CIMB group dominates Asiamoney Brokers Poll 2007
KUALA LUMPUR: The CIMB group dominated the recent Asiamoney Brokers Poll 2007, winning Best Overall Research, Best Local Brokerage and Best Overall Sales Services in Malaysia.
It was also named the most improved brokerage in Thailand, second-most improved brokerage in Singapore and third-most improved brokerage in Indonesia, CIMB said in a statement.
CIMB’s stockbroking arm won other accolades – Best Overall Execution, Best Overall Sales Trading and Most Improved Brokerage in Malaysia.
CIMB head of equity research Terence Wong was ranked Overall Best Analyst in the country while his team clinched three awards, including Best Overall Strategy Research.
CIMB Investment Bank Bhd deputy chief executive Charon Wardini Mokhzani said these awards recognised CIMB’s position as a leading equity research and brokerage house in Malaysia and key Asean markets.
“The awards will become even more prominent as it is extremely competitive in these markets and we are up against both global and local houses,” he said.
Meanwhile, CIMB Bank has been named Bank of the Year for Malaysia for the second consecutive year by The Banker, a publication of the Financial Times group of Britain.
The Banker Award rewarded the best commercial banking performance in 143 countries.
CIMB said in a statement the award was a recognition for its significant growth in assets, tier-one capital and net profits.