TREASURY & FX AWARDS

For the publisher’s quote/awards rationale, please refer to the section below:

2 July 2021: We hereby announce the awards rationale of our 11th Annual Alpha Southeast Asia Treasury & FX Awards 2021 for the following (up to) 10 awards categories.

We have over the last decade continued to refine and develop a unique, fair, robust and informative methodology and by adding a number of new criterions to existing awards, we have broadened the depth of our awards and tightened its eligibility among leading banks in Southeast Asia. Going forward, the role of treasury and FX will become a key factor as part of the awards evaluation process.


INDONESIA:

  1. Best FX Bank for Corporates & FIs: Bank Mandiri
  2. Best FX Bank for CCS, IRS, Forward & Options Hedging (Corporates, FIs & SMEs): Bank Mandiri
  3. Best FX Bank for Retail Clients: Bank Mandiri

The Indonesian rupiah (IDR) has remained fairly volatile in the last few years despite recent weakening. As a leading local bank in the country, Bank Mandiri is the preferred choice among corporate treasurers at local corporates and FIs. The bank today remains as the best domestic provider for local currency products in Indonesia. By continuously investing in technology, the bank has significantly improved its pricing efficiency, reduced operating costs and increased its trading volume and while the numbers may pale in comparison to some global or regional banks, the bank has come a long way and its FX capabilities look set to strengthen in years ahead, enabling the bank to retain its position as the Best FX Bank Corporates & FIs: for eleventh consecutive years.

  1. Best FX Bank for Structured Hedging Solutions and Proprietary Trading Ideas: BNI
  2. Best Corporate Treasury Sales and Structuring Team: BNI

The Indonesian economy has made excellent progress over the years when it comes to their fiscal position and external accounts. The macroeconomic outlook has also continued to improve since the multiple financial crises prior to the turn of the century. As a leading local bank in the country, Bank Negara Indonesia is the preferred choice among corporate treasurers at local corporates and FIs. The bank is one of the best domestic providers for local currency products in Indonesia. By continuously investing in technology, the bank has significantly improved its pricing efficiency, reduced operating costs and increased its trading volume and while the numbers may pale in comparison to some global or regional banks, the bank has come a long way and its FX capabilities look set to strengthen in years ahead.

  1. Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Assets: Bank Rakyat Indonesia
  2. Best FX Bank for Money  Market Products: Bank Rakyat Indonesia
  3. Best FX Bank for Retail Clients: Bank Rakyat Indonesia

One of two largest banks in the country, PT Bank Rakyat Indonesia (BRI) has a genuine ambition and capability of becoming a one-stop FX solutions and investment services to its clients in Indonesia. With wide ranging products covering simple plain vanilla FX to FX options, derivatives, and structured products, both in the conventional and Islamic finance space, BRI is today  the Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Assets. Leveraging on its country wide branch network, spread across 9 key regions across Indonesia, the bank has captured a sizeable portion of FX flows from across the country. With  ongoing digitisation of its business, BRI is set to expand its market share among retail clients in years to come.

MALAYSIA:

  1. Best FX Bank for Corporates & FIs: AmBank
  2. Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Assets: AmBank
  3. Best FX Bank for Money Market Products: AmBank

One of AmBank Group’s many strengths are its foreign exchange capabilities, which the bank is able to provide both in the Malaysian market as well as regionally. The bank has executed some of the best, most well-known structured swap solutions (both in terms of size and pricing) for large government-linked entities, MNCs as well as a number of corporates in Malaysia. Most of these deals would not have been completed without AmBank’s ability to provide competitive swap pricing. As one of Malaysia’s leading banks, AmBank’s derivative capability complements its funding proposals with synthetic G3 or regional funding solutions and provides issuers access to other currencies without compromising on the funding currency with the cheapest credit spreads. Therefore, the bank wins theBest FX Bank for Corporates & FIsaccolade for the tenth consecutive year.

  1. Best FX Bank for Interest Rates, FX Research and Market Coverage: CIMB
  2. Best FX Bank for Structured Hedging Solutions and Proprietary Trading Ideas: CIMB

Given its predominance in the fixed income area, CIMB is able to package its bond offerings with derivative-based solutions (including cross currency swaps, interest rate swaps, credit linked notes etc.,) to its regional clients and investors, to facilitate cross border credit exposure/investments, enabling them to enhance the diversity of their investments and also capitalise on arbitrage opportunities. CIMB is able to provide proprietary trading ideas by creating a combination of series of FX structures to hedge instability of cash inflows and has the best the world of ASEAN treasury and FX has to offer. CIMB has also continued to implement the latest world-class technology with the aim of enhancing productivity and cost efficiency, making it one of the most preferred choices for FX banking among financial and non-financial companies across Southeast Asia today.

  1. Best Corporate Treasury Sales and Structuring Team: RHB Bank

Following years of industry-wide consolidation, RHB Bank is fast emerging as a bank of choice not only among corporate and treasury clients but increasingly, SMEs, large corporates and FIs – spread across Malaysia today. With a strong balance sheet and a simple unyielding focus on leveraging on technology, the leading FX house is one of the most profitable business units in the country. In almost every metric measured against, RHB Bank excels including key financial ratios, let alone in the realm of FX trading. RHB Bank only has a highly sought after team of corporate treasury sales and structuring professionals able to provide structured hedging solutions, making RHB Bank one of the best local FX providers in the market today.

  1. Best FX Bank for Retail Clients: Maybank
  2. Best FX Bank for CCS, IRS, Forward & Options Hedging (Corporates, FIs & SMEs): Maybank

As a leading local bank in the country, Maybank is the preferred choice among corporate treasurers at local corporates and FIs in Malaysia. The bank is one of the best domestic providers for local currency products in the country. Maybank is also ranked among the top players in terms of the daily FX volumes in Malaysia. With wide ranging products covering simple plain vanilla FX to FX options, derivatives, and structured products, both in the conventional and Islamic finance space, Maybank is today  the Best FX Bank for retail clients and Best FX Bank for Corporates, FIs & SMEs when it comes to CCS, IRS, Forward & Options Hedging, a bank unlike another.

PHILIPPINES:

  1. Best FX Bank for Corporates & FIs: BPI
  2. Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Assets: BPI
  3. Best FX Bank for Retail Clients: BPI

BPI aims to uphold its reputation as the preferred domestic FX provider to the local corporates as well as financial institutions in the domestic interbank FX market in the Philippines. This includes large listed corporates, FIs, non-bank FIs, GLCs and SMEs including sole proprietors. With continuing costs improvements and evolving strategy to capitalize on the latest trends in the local FX market, BPI is emerging as the leading bank in this space. With a strong treasury research arm covering macroeconomics, econometrics and technical analysis, FX, interest rates, commodities and credits, BPI is able to structure products and provide financial solutions to its customers thanks to its unique ability of understanding the divergent needs of its client’ and offering competitive rates and efficient execution services.

  1. Best FX Bank for Structured Hedging Solutions and Proprietary Trading Ideas: BDO
  2. Best FX Bank for CCS, IRS, Forward & Options Hedging (Corporates, FIs & SMEs): BDO
  3. Best Corporate Treasury Sales and Structuring Team: BDO

After years of heavily investing in its suite of corporate treasury products and integrating its offerings across the bank, BDO is today remerging as one of the leading providers of treasury and FX services in the Philippines. Among SMEs and top-tier corporates, the bank is perceived as the most capable bank when it comes to providing unique FX and corporate treasury solutions. BDO’s secret to success lies in its infinite drive to lower costs for the benefit of its stakeholders and its treasury and FX clients as well as its ‘zero tolerance’ policy towards technical glitches. Given such, the bank has steadily made major inroads into the corporate treasury and FX space and is today, the undisputed leader of FX services in the Philippines.

SINGAPORE:

  1. Best FX Bank for Corporates and FIs: OCBC Bank
  2. Best FX Bank for CCS, IRS, Forward & Options Hedging (Corporates, FIs & SMEs): OCBC Bank
  3. Best FX Bank for Interest Rates, FX Research and Market Coverage: OCBC Bank
  4. Best Corporate Treasury Sales and Structuring Team: OCBC Bank

OCBC Bank has evolved from being a traditional treasury business unit into becoming a leading Asian financial powerhouse with a broad range of capabilities in foreign exchange, interest rates, money market, derivatives and securities trading to corporations and financial institutions. In Singapore, OCBC is today one of the leading market makers for SGD and SGD cross-currency options, with a fast growing market share among key players in the city-state. OCBC is also ranked among the top players in terms of the daily FX volumes in Singapore. OCBC is also widely acknowledged as the emerging provider of treasury products and the leader in both SGD and Asian currencies products. At its end, OCBC has also continued to enhance productivity and cost efficiency, and thus winning the award Best FX Bank for Corporates and FIs in particular for the eighth consecutive year.

  1. Best FX Bank for Structured Hedging Solutions and Proprietary Trading Ideas: DBS Bank
  2. Best FX Bank with Structures Embedded with Trigger Events: DBS Bank
  3. Best Emerging Asia Currency Forecasters (April 2020-March 2021): DBS Bank
  4. Best FX Bank for Retail Clients: DBS Bank

DBS Bank is often ranked among the top ten percentile of all commercial and merchant banks combined, in terms of the daily FX volumes in RMB in Singapore. Trading flows at DBS Bank also make up to approximately 2 percent of the total turnover, which is 3x more than the average turnover in Singapore. As a major player in Asian currency options, DBS FX derivatives team is one of Singapore’s fastest growing departments given the widening regional footprint at the bank. Lately, DBS is also being widely acknowledged as the leading provider of treasury products and the leader in both SGD and Asian currencies products. Levelling the playing field, DBS has also implemented the latest world-class technology with the aim of enhancing productivity and cost efficiency, making it one of the most preferred choices for FX banking among financial and non-financial companies across Southeast Asia today.

  1. Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Assets: UOB
  2. Best FX Bank for Money market Products: UOB

As one of the largest banks in Singapore, UOB is able to provide proprietary trading ideas by creating a combination of series of FX structures to hedge instability of cash inflows and has the best the world of ASEAN treasury and FX has to offer. The bank has executed some of the best, most well-known structured swap solutions (both in terms of size and pricing) for large government-linked entities, MNCs as well as a number of corporates in Singapore. Among small-to-medium-sized companies as well as top-tier corporates, the bank is perceived as the most capable bank when it comes to providing unique FX and corporate treasury solutions, making UOB a preferred house among corporate treasurers and FX specialists in Singapore and beyond.

THAILAND:

  1. Best FX Bank for Corporates & FIs: Siam Commercial Bank
  2. Best FX Bank for Structured Hedging Solutions and Proprietary Trading Ideas: Siam Commercial Bank

As one of Thailand’s largest banks, Siam Commercial Bank (SCB) is the Best FX Bank for Corporates & FIs in the country. SCB is able to offer a wide array of products and services to help its clients hedge their financial risk and efficiently manage their portfolios. From trading ideas to hedging solutions, SCB products range from vanilla FX forwards and options to long-dated IRS and CCS transactions of up to 20 years. The bank also accounts for approximately 20-25 percent of Thailand’s market share with regards to daily “flow” transactions and up to 30-35 percent of local derivative activity. In fact, SCB utilizes a holistic approach when it comes to providing optimal hedging strategies for its client’ portfolio, garnering increasing market share despite the stiff competition among key players in the market.

  1. Best FX Bank for Retail Clients: Kasikornbank
  2. Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Assets: Kasikornbank
  3. Best Corporate Treasury Sales and Structuring Team: Kasikornbank

After years of heavily investing in its suite of corporate treasury products and integrating its offerings across the bank, Kasikornbank is today remerging as one of the leading providers of treasury and FX services in Thailand. Among small-to-medium-sized companies as well as top-tier corporates, the bank is perceived as the most capable bank when it comes to providing unique FX and corporate treasury solutions. Kasikornbank’s secret to success lies in its infinite drive to lower costs for the benefit of its stakeholders and its treasury and FX clients as well as its ‘zero tolerance’ policy towards technical glitches. With a 24/7 call centre dedicated to supporting its products, the bank has made major inroads into the corporate treasury and FX space and is today, the undisputed leader of FX services in Thailand, winning in this series of awards for the seventh consecutive year.

  1. Best FX Bank with Structures Embedded with Trigger Events: Bangkok Bank
  2. Best FX Bank for Money market Products: Bangkok Bank

Bangkok Bank is among the top five as a market maker and a liquidity provider in the USD/THB FX options market. The bank is also one of the top three market players in Thailand, in the areas of Cross Currency Swap (CCS), Interest Rate Swap (IRS) and Forwards for Corporates and FIs. In terms of the bank’s market share of the local currency interest rate flows, the bank has been one of the top three market players in Thailand for several years. As for THB money market flows, Bangkok Bank’s market share is in the envious range of between 15 percent and 20 percent. As one of the largest loan providers to corporates and SMEs in Thailand, Bangkok Bank has also cornered a significant market share for hedging instruments, namely Cross Currency Swaps (CCS) and Interest Rate Swaps (IRS). Leveraging on its bank wide capabilities and deep knowledge of key trends shaping market direction, Bangkok Bank today is able to produce actionable research and offer solutions that are second to none.

VIETNAM:

  1. Best FX Bank for Corporates & FIs: Sacombank
  2. Best FX Bank for Retail Clients: Sacombank

As a leading bank in the country, Sacombank has refined its bank wide treasury and FX capabilities over the last twenty years. The bank is able to offer wide ranging FX services in line with local regulatory requirements. Sacombank produces research covering multi asset classes including forecast exchange rates, interest rates and commodities prices. In recent years, a number of roles have been automated and everything possible is being done to drive down transaction costs and thus, create competitive pricing for its clients, large and small, both at the retail and corporate spectrum. Be it spot, derivatives and commodities. Backed by Large capital, good liquidity management, a centralized customer database as well as a well-trained and extensive sales team, Sacombank is expected to rise from strength to strength for many more years ahead.

  1. Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Assets: Vietcombank
  2. Best Corporate Treasury Sales and Structuring Team: Vietcombank

Vietcombank is one of the best one-stop provider of FX services in Vietnam. In terms of commodities, credit, as well as equity, Vietcombank is able to provide a range of FX solutions to its corporate, retail and institutional clients. As one of the top players in the country, Vietcombank is able to leverage on its branch network and maximise the use of its capital to grow its fee-based income. Despite challenging headwinds driven by US-China trade tensions, geopolitical uncertainties and negative sentiments, Vietcombank has continued to refine and strengthen its product offering and is an anchor of refuge in a sea of market volatility, making the bank a preferred choice among clients, large and small.

MARQUEE AWARD

Best Derivatives House in Southeast Asia: OCBC Bank

The key to a solid foundation lies in solid building blocks, a material ingredient found in one of Asia’s most ambitious banks. With a pro-active advisory team of treasury advisors and time-sensitive innovative solutions the bank is able to offer, OCBC Bank is an industry leader unlike another. As an example, to enable a client to urgently hedge interest rates is one thing but to offer a holistic solution well before the need becomes an urgency is quite another. While it should be considered a feat to help mitigate interest rate risks but just as equally a feather in the cap when the bank is able to help improve the overall hedge using a basis swap to derive significant savings for its clients. From a Cross Currency Swap to hedge out rising USD risk – to its syndicated loans to providing an investment upside to a FX Call Spread – creating a much welcome investment upside, OCBC Bank’s intricate understanding of market triggers and catalysts makes the bank a preferred partner for corporate treasurers and CFOs looking for transparent yet bespoke structured solutions. Thus, the award for the award category, Best Derivatives House in Southeast Asia again, goes to OCBC Bank.

Best Online FX Platform in Southeast Asia: DBS Bank

Over the last decade, DBS has grown from strength to strength. While the banking landscape among large global banks the world over has changed dramatically since the fall of Lehman in 2008, a small number of Asian banks have weathered the turbulence well and instead rose to regional and global prominence, both in terms of market perception and balance sheet strength. Fusing the professionalism expected of a best-in-class bank with a deep understanding of Asia’s cultural nuances and environment, while upholding the Asian values of trustworthiness and stability, DBS Bank has over the many years continued to defy predictions by posting better-than-expected profits amid slower economic growth, an un-refutable testament to its fundamental strengths. In order to continue its predominant position, the bank remains committed to investing large sums in the area of technology, harnessing the latest forms of highly secured digital conveniences customers, large and small expect, thanks to its large multi-country, multi-currency, online FX platform unlike another.


11TH TREASURY & FX AWARDS

(Tuesday, 22 June 2021): Using a fair, robust and informative methodology and after adding a number of additional criteria to existing awards to tighten its eligibility among both, local banks in Southeast Asia, we hereby announce the outcome of our 11th Annual Treasury & FX Awards 2021 for the following (up to) 10 awards categories.

In light of the ongoing effects of Covid-19, most hotel venues are unable to host regional events. We have therefore prepared 3 options to ensure the secure delivery of the awards plaques, along with the unlimited licensing use of the awards logo ©, company name © and awards category © .

The full rationale will be published in the August/September 2021 – 15th Anniversary issue (out by mid-August 2021).

For queries, please email awards@whatinvestorswant.com


INDONESIA:

  1. Best FX Bank for Corporates & FIs: Bank Mandiri (11th consecutive win)
  2. Best FX Bank for Structured Hedging Solutions and Proprietary Trading Ideas: BNI
  3. Best FX Bank for Hedging requirements (Corporates, FIs, Onshore Middle Market & SMEs) – CCS, IRS, Forward & Options: Bank Mandiri
  4. Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Asset: BRI
  5. Best FX Bank for Money Market Products: BRI
  6. Best Corporate Treasury Sales and Structuring Team: BNI
  7. Best FX Bank for Retail Clients: BRI

MALAYSIA:

  1. Best FX Bank for Corporates & FIs: AmBank (10th consecutive win)
  2. Best FX Bank for Structured Hedging Solutions and Proprietary Trading Ideas: CIMB
  3. Best FX Bank for Hedging requirements (Corporates, FIs, Onshore Middle Market & SMEs) – CCS, IRS, Forward & Options: Maybank
  4. Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Asset: AmBank
  5. Best FX Bank for Money Market Products: AmBank
  6. Best FX Bank for Interest Rates, FX Research and Market Coverage: CIMB
  7. Best Corporate Treasury Sales and Structuring Team: RHB Bank
  8. Best FX Bank for Retail Clients: Maybank

PHILIPPINES:

  1. Best FX Bank for Corporates & FIs: BPI (4th consecutive win)
  2. Best FX Bank for Structured Hedging Solutions and Proprietary Trading Ideas: BDO Unibank, Inc.,
  3. Best FX Bank for Hedging requirements (Corporates, FIs, Onshore Middle Market & SMEs) – CCS, IRS, Forward & Options:BDO Unibank, Inc.,
  4. Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Asset: BPI
  5. Best Corporate Treasury Sales and Structuring Team: BDO Unibank, Inc.,
  6. Best FX Bank for Retail Clients: BPI

SINGAPORE:

  1. Best FX Bank for Corporates & FIs: OCBC Bank (8th consecutive win)
  2. Best FX Bank for Structured Hedging Solutions and Proprietary Trading Ideas: DBS Bank
  3. Best FX Bank for Hedging requirements (Corporates, FIs, Onshore Middle Market & SMEs) – CCS, IRS, Forward & Options: OCBC Bank
  4. Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Asset: UOB
  5. Best FX Bank with Structures Embedded with Trigger Events: DBS Bank
  6. Best FX Bank for Money Market Products: UOB
  7. Best FX Bank for Interest Rates, FX Research and Market Coverage: OCBC Bank
  8. Best Emerging Asia Currency Forecasters (April 2020-March 2021): DBS Bank
  9. Best Corporate Treasury Sales and Structuring Team: OCBC Bank
  10. Best FX Bank for Retail Clients: DBS Bank

THAILAND:

  1. Best FX Bank for Corporates & FIs: Siam Commercial Bank
  2. Best FX Bank for Structured Hedging Solutions and Proprietary Trading Ideas: Siam Commercial Bank
  3. Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Asset: Kasikornbank
  4. Best FX Bank with Structures Embedded with Trigger Events: Bangkok Bank
  5. Best FX Bank for Money Market Products: Bangkok Bank
  6. Best Corporate Treasury Sales and Structuring Team: Kasikornbank
  7. Best FX Bank for Retail Clients: Kasikornbank

VIETNAM:

  1. Best FX Bank for Corporates & FIs: Sacombank
  2. Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Asset: Vietcombank
  3. Best Corporate Treasury Sales and Structuring Team: Vietcombank
  4. Best FX Bank for Retail Clients: Sacombank

MARQUEE:

  1. Best Derivatives House in Southeast Asia: Flow, Equity, Rates, Credit, FX & & Commodities: OCBC Bank
  2. Best Online FX Platform in Southeast Asia: DBS Bank

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10TH TREASURY & FX AWARDS

(Friday, 26 June 2020): Using a fair, robust and informative methodology and after adding a number of additional criteria to existing awards to tighten its eligibility among leading FX and treasury banks in Southeast Asia, we hereby announce the outcome of our 10th Annual Alpha Southeast Asia Treasury & FX Awards 2020 for the following 33 awards categories.

In light of the ongoing lingering effects of Covid-19, most hotel venues are unable to host regional events. We have therefore prepared 3 options to ensure the secure delivery of the awards plaques, along with the unlimited licensing use of the awards logo ©, company name © and awards category ©.

The full rationale will be published in the August/September 2020 – 14th Anniversary issue (out by early late August 2020).

For queries, please email awards@whatinvestorswant.com


INDONESIA:

  1. Best FX Bank for Corporates & FIs: Bank Mandiri
  2. Best FX Bank for Structured Hedging Solutions and Proprietary Trading Ideas: BNI
  3. Best FX Bank for CCS, IRS, Forward & Options Hedging (Corporates, FIs & SMEs): Bank Mandiri
  4. Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Assets: Maybank Indonesia
  5. Best Corporate Treasury Sales and Structuring Team: BNI
  6. Best FX Bank for Retail Clients: Bank Mandiri

MALAYSIA:

  1. Best FX Bank for Corporates & FIs: AmBank
  2. Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Assets: AmBank
  3. Best FX Bank for Interest Rates, FX Research and Market Coverage: CIMB
  4. Best Corporate Treasury Sales and Structuring Team: CIMB
  5. Best FX Bank for Retail Clients: RHB Bank

PHILIPPINES:

  1. Best FX Bank for Corporates & FIs: BPI
  2. Best FX Bank for Structured Hedging Solutions and Proprietary Trading Ideas: BDO Unibank
  3. Best FX Bank for CCS, IRS, Forward & Options Hedging (Corporates, FIs & SMEs): BPI
  4. Best Corporate Treasury Sales and Structuring Team: BDO Unibank
  5. Best FX Bank for Retail Clients: BPI

SINGAPORE:

  1. Best FX Bank for Corporates & FIs: OCBC Bank
  2. Best FX Bank for Structured Hedging Solutions and Proprietary Trading Ideas: DBS Bank
  3. Best FX Bank for CCS, IRS, Forward & Options Hedging (Corporates, FIs & SMEs): OCBC Bank
  4. Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Assets: DBS Bank
  5. Best FX Bank for Interest Rates, FX Research and Market Coverage: DBS Bank
  6. Best Corporate Treasury Sales and Structuring Team: OCBC Bank

THAILAND:

  1. Best FX Bank for Corporates & FIs: Siam Commercial Bank
  2. Best FX Bank for Structured Hedging Solutions and Proprietary Trading Ideas: Siam Commercial Bank
  3. Best FX Bank for CCS, IRS, Forward & Options Hedging (Corporates, FIs & SMEs): Bangkok Bank
  4. Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Assets: Kasikornbank
  5. Best FX Bank for Interest Rates, FX Research and Market Coverage: Bangkok Bank
  6. Best Corporate Treasury Sales and Structuring Team: Kasikornbank
  7. Best FX Bank for Retail Clients: Kasikornbank

VIETNAM:

  1. Best FX Bank for Corporates & FIs: Sacombank
  2. Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Assets: Vietcombank
  3. Best Corporate Treasury Sales and Structuring Team: Vietcombank
  4. Best FX Bank for Retail Clients: Sacombank

-END-


9TH TREASURY & FX AWARDS

(Monday, 22 July 2019): Using a fair and robust methodology, we hereby announce the outcome of Alpha Southeast Asia’s FX & Treasury Awards 2019 for the following 20 awards categories.

A regional awards ceremony – covering Indonesia, Malaysia, Philippines, Singapore & Thailand will be held on 26September 2019 (Thursday) at Sofitel KL Damansara, Jalan Damanlela, Bukit Damansara – KL, 50490, Malaysia.

If you would like to book a table at the event, please email awards@whatinvestorswant.com.

THERE IS NO NEWS EMBARGO ON YOUR WINS. PLEASE FEEL FREE TO SEND OUT A PRESS RELEASE TO ANNOUNCE YOUR WINS.

The full rationale will be published in the August/September 2019 Awards issue (out by late August 2019).


INDONESIA:

  1. Best FX Bank for Corporates & FIs: Bank Mandiri
  2. Best FX Bank for Retail Clients: Bank Mandiri
  3. Best Corporate Treasury Sales and Structuring Team: BNI
  4. Best FX Bank for Structured Hedging Solutions and Proprietary Trading Ideas: BNI

MALAYSIA:

  • Best FX Bank for Corporates & FIs: AmBank
  • Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Assets: AmBank
  • Best Corporate Treasury Sales and Structuring Team: CIMB
  • Best FX Bank for Structured Hedging Solutions and Proprietary Trading Ideas: Maybank

PHILIPPINES:

  • Best FX Bank for Corporates & FIs: BPI
  • Best FX Bank for Retail Clients: BPI
  • Best FX Bank for Structured Hedging Solutions and Proprietary Trading Ideas: BDO
  • Best Corporate Treasury Sales and Structuring Team: BDO

SINGAPORE:

  1. Best FX Bank for Corporates and FIs: OCBC
  2. Best FX Bank for CCS, IRS, Forward & Options Hedging (Corporates, FIs & SMEs): OCBC
  3. Best FX Bank for Structured Hedging Solutions and Proprietary Trading Ideas: DBS Bank
  4. Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Assets: DBS Bank

THAILAND:

  1. Best FX Bank for Corporates and FIs: Kasikornbank
  2. Best FX Bank for Structured Products: Commodities, Credit, Equity, FX and Multi-Assets: KBank
  3. Best FX Bank for CCS, IRS, Forward & Options Hedging (Corporates, FIs & SMEs): Kasikornbank
  4. Best Corporate Treasury Sales and Structuring Team: Kasikornbank

-END-