Jakarta, 7 October , 2021 - PT Mandiri Sekuritas (Mandiri Sekuritas/Company) once again wins the "Best Corporate and Investment Bank" from the "2021 Asiamoney Best Bank Awards for the Indonesia".
In Asiamoney publication on 20 September, 2021, they stated, “Mandiri Sekuritas won this award because, as a subsidiary of Bank Mandiri, the Company's position is unique among other corporate and investment banks in Indonesia with its local and international reach. In addition, since the Company was launched more than 20 years ago, Mandiri Sekuritas has become one of the securities companies that dominates the market and occupies the top position in terms of Debt Capital Markets in Indonesia during the judging period of the 2021 Asiamoney Best Bank Awards.[1]
President Director of Mandiri Sekuritas, Oki Ramadhana, said, "We express our deepest gratitude to all stakeholders for their trust in Mandiri Sekuritas. The trust that has been given so far has made us stronger in developing business with our stakeholders. This award from Asiamoney is a testament to Mandiri Sekuritas' commitment and dedication to continue to provide comprehensive and innovative capital market solutions."
"The trust and reputation of Mandiri Sekuritas in the capital market industry are getting stronger with our efforts to maintain leadership in domestic investment banking business. Mandiri Sekuritas dominates the bond underwriting with a market share of 15.3% and an underwriting portion of IDR 10.7 trillion in 2020. Bond issuance remains vibrant with the Company completing 47 mandates, including Chandra Asri, Medco, Wijaya Karya, MTF, Sampoerna Agro, PNM, and others," said Oki.
Furthermore, Oki explained, "Mandiri Sekuritas' position in the Indonesian capital market industry continues to strengthen in 2021, where based on Bloomberg League Table data, as of 31 August, 2021, we are number 1 in terms of Equity Underwriting, number 2 in terms of IDR Bond Underwriting, Equity Trading, and SUN Trading. This year, Mandiri Sekuritas succeeded in completing landmark transactions, such as the Bukalapak IPO and the Rights Issue of Bank Rakyat Indonesia, which raised Rp62 trillion in investor funds. Both are the largest equity transactions in Indonesia so far. As for Advisory, Mandiri Sekuritas in 2021 has completed several strategic projects, such as restructuring PTPN, the largest restructuring transaction in Indonesia, consolidation of the largest hospital and hotel holding companies in Indonesia, merger of Pelindo and several other transactions."
From international perspective, Mandiri Sekuritas' subsidiary, Mandiri Securities Singapore, plays a unique role in expanding our reach beyond Indonesia. In 2020, Mandiri Securities Singapore successfully controlled a market share global bond of 10% and a guaranteed portion value of USD2.3 billion or Rp33.4 trillion. Mandiri Securities Singapore completed 16 issuances global bond, including the Government of the Republic of Indonesia, Pertamina, PLN, Medco, BSD, and Indika Energy.
Meanwhile, as of 31 August, 2021, Mandiri Sekuritas' Global Bond Underwriting position has increased to number 3 in the League Table after being number 4 at the end of 2020. As of 31 August 2021, Mandiri Sekuritas has completed 46 mandates consisting of 22 IDR Bonds, 8 Global Bond, 12 Advisory, 3 Right Issue, and 1 Equity IPO.
In addition to the award from Asiamoney, Mandiri Sekuritas also won other national and international recognitions in 2021, including "Best Investment Bank in Indonesia" for 11 consecutive years (2011-2021) from FinanceAsia, "Best Broker in Indonesia" for straight seven years (2015-2021) from FinanceAsia, and "Best DCM House in Indonesia" for four consecutive years from FinanceAsia (2018-2021), ranked 1st in a Securities Company in the InfoBank 10th Digital Brand Awards, and Indonesia Excellent Millennial's Brand Choice 2021 (for MOST brand) from Warta Ekonomi.
[1] Source: Asiamoney.com, 20 September 2021: https://www.asiamoney.com/article/27i6gralrq1bhg3whzzls/awards/best-bank-awards/indonesias-best-corporate-and-investment-bank-2021-mandiri-sekuritas
