Siam Commercial Bank, led by Investment Banking and Capital Markets Function First Executive Vice President Tanik Tarawisid, Group Treasury Function Executive Vice President Sakda Dumnakkaew, Head of the Financial Markets Function Patrick Poulier, and Financial Market Trading Division Head Kwangamol Pringvanich, received six ThaiBMA Best Bond Awards for 2022, organized by the Thai Bond Market Association. The awards comprise: 1. Deal of the Year for underwriting PTT Global Chemical PCL's bond issuance No. 1/2022 debentures; 2. Most Innovative Deal for underwriting Minor International PCL's bond issuance No. 1/2022; 3. Corporate ESG Bond of the Year Award for underwriting Global Power Synergy PCL's ESG Bond issuance No. 1/2022; 4. Best Repo Primary Dealer; 5. Best Outright Primary Dealer; and 6. Best Primary Market Contributor Award. These distinctions highlight the Bank's proficiency in managing transactions across the money and capital markets and its status as a forward-thinking financial institution committed to fostering sustainable investment development through innovation.
The six awards won by Siam Commercial Bank reflect its diverse achievements in driving the money and capital markets, as follows:
- Deal of the Year for underwriting PTT Global Chemical PCL's bond issuance No. 1/2022 debentures: This is an award presented to the most outstanding debt issuance transaction in all aspects and is widely recognized by investors in 2022
- Most Innovative Deal for underwriting Minor International PCL's bond issuance No. 1/2022: This honor goes to a private fundraising transaction that went above and beyond expectations, serving as an example to other issuers while also satisfying the requirements of the business and its investors.
- Corporate ESG Bond of the Year Award for underwriting Global Power Synergy PCL's ESG Bond issuance No. 1/2022: This is an award presented to corporate bonds issued under the Green, Social, Sustainable Financing Framework that are recognized for their excellence and meet the demands of investors.
- The Best Repo Primary Dealer: The recipient of this honor is a financial institution that is a partner of the Bank of Thailand's Bilateral Repo and that has played a significant role in facilitating the Bank of Thailand's monetary policy execution through bilateral repo transactions.
- Best Outright Primary Dealer Award: This is an award given to a Bank of Thailand e-Outright partner that has demonstrated exceptional dedication to the Bank of Thailand's monetary policy by facilitating bond trading with the BOT and increasing liquidity in the Thai bond market.
- Best Primary Market Contributor: This is an honor presented by the Ministry of Finance (MOF) for a financial institution that acquires the largest primary market allocation of government bonds.