ABC Wins Best Investment Banking Institution Award
OREANDA-NEWS. May 06, 2013. Recently, in the “2013 Excellent Investment Bank in China” campaign sponsored by Securities Times, Agricultural Bank of China Limited (ABC) won the grand award of “Best Investment Banking Institution” and two individual awards, namely “Best Bond Underwriting Bank” and “Best Syndicated Financing Bank”. In addition, the Private Placement Bond Project of Shanxi Coking Coal Group and the M&A Loan Project of Shenhua Group are awarded “Best Private Placement Bond Project” and “Best M&A Loan Project”, respectively.
This is the fifth time in a row that investment banking business of ABC has gained wide recognition in this campaign since 2009.
In 2012, the investment banking line of ABC closely tracked the changes in market trend and customer demand and accelerated its service innovation and operational transformation. This continuously enhanced its customer recognition, market awareness and internal contribution. Basic investment banking businesses witnessed healthy development, with greater service quality and more standard business activities. The issuance of debt financing instruments secured leading positions among peers. ABC successfully helped enterprises issue such innovative products as private placement bonds, super & short-term commercial paper (SCP) and overseas RMB-denominated bonds. It also provided financing and wealth management services for many industry-leading customers, to meet their needs for low-cost financing and tailored needs for capital appreciation.
It led many syndicated loan projects for key customers and large-scale projects, which gave strong support to development of the real economy. ABC actively conducted M&A business and propelled industrial integration and industrial chain extension. It strongly supported the capital operation of customers with its professional consulting services regarding private equity financing and listing. ABC maintained its pioneering advantages in carbon finance and green finance, and successfully introduced multiple innovative products, including clean-development mechanism consulting, carbon emission reduction financing and energy management contract (EMC) consulting, fulfilling its social responsibility while obtaining economic benefits. Furthermore, leveraging the overall advantage of its overseas and domestic platforms, ABC provided its high-end customers with various investment banking services, such as global stock issuance, listing sponsoring, direct investment, debt financing, etc.
The selection campaign was sponsored by Securities Times, one of the four major securities papers in China. The award jury was composed of 80 specialists, including 50 senior management members of sponsor institutions, investment chiefs of 10 public offering funds, 10 registered enquiry institutions and 10 intermediaries including accounting firms and law firms. As independent third parties, they ensured the fairness and authority of this selection campaign. ABC has presented excellent performance in this campaign for five consecutive years, which fully reflects the recognition on the business performance and market position of ABC’s investment banking business.
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