InterCapital Securities executed a series of high-profile transactions in Croatia in 2023, making it Euromoney’s winner of the best securities house award for the country.

During Euromoney’s review period, EFG Hermes was a force to be reckoned with across the Gulf Cooperation Council region, running numerous high-profile transactions.

CaixaBI takes the Euromoney award for Portugal for its involvement in major Eurobond issues, private placements, retail bond transactions and structured finance deals during the review period, underscoring its expertise and influence.

Millennium Investment Banking wins the Euromoney securities house award for best for large cap in Portugal in 2024, a testament to its expertise in advising major clients on M&A, financing and sustainability-linked transactions.

CaixaBI’s ESG commitment was front and centre in Portugal over the past year, with the ‘Best for ESG’ award winner spearheading 10 new ESG debt issues in 2023, including six green and four sustainability-linked bonds,.

SICO has solidified its reputation as a market leader in Bahrain, notching milestones on several fronts.

FAB takes the Euromoney award for best securities house in the UAE for its prowess across asset classes, and its commitment to environmental, social and governance deals.

During Euromoney’s review period, National Investments Company (NIC) stood out for its work in M&A and equity capital markets, winning Kuwait’s best securities house award.

KFH Capital is Kuwait’s best securities house for fixed income, thanks to its involvement on swathes of prominent sukuk transactions in the past year.

Topline Securities’ reach in Pakistan Inc is top-notch, which is why it is Euromoney’s winner of the best for large cap award this year.

Mandiri Sekuritas takes the Euromoney award for best securities house in Indonesia this year for being able to read market conditions well and adapting its strategy rapidly to stay relevant.

Itaú BBA takes the top Euromoney award for Brazil for its dominance across the bond, M&A and equity capital markets, and its versatility in deals.

CICC is a standard setter when it comes to its fixed income business in Hong Kong: it is not only the go-to for primary market deals, but also plays a key role in facilitating cross-border capital flows for Chinese issuers and investors.

BPI Capital’s product-agnostic nature meant that when the equity capital markets were quiet, the team was able to quickly boost its focus on debt capital markets and snag some important mandates. This was despite some large deals being cancelled due to choppy market conditions.

Galt & Taggart (G&T) stood out from the competition this year due to its product innovation and solid capital markets franchise during our awards period, making it Euromoney’s pick for best securities house in Georgia.

BPI Capital’s mantra over the past year was to be nimble and pivot quickly, depending on what the market brought its way.

Bank Alfalah’s investment banking team is one of the most active in Pakistan, and a force to be reckoned with. Its success, to some extent, comes down to its ability to respond rapidly to changing economic conditions, volatile markets and soaring interest rates.

CardinalStone Securities (CSSL) has consistently topped the Nigerian Exchange’s ranking of stockbrokers.

China International Capital Corporation (CICC) continues to remain a dominant force in China’s investment banking and brokerage market, helping clients access both the debt and equity capital markets and remaining the favoured adviser for M&A deals.

In a bid to find a niche for itself in Vietnam’s competitive securities industry, Techcom Securities has, since 2013, homed in on developing the country’s corporate bond market – a feat that makes it Euromoney’s best securities house for fixed income this year.

The team at Mirae Asset Securities has long been a forward thinker. That skill came in particularly handy during the past year, when a high interest rate environment and global geopolitical uncertainties proved disruptive.

MNC Sekuritas’s reach within Indonesia has ensured it is among the favoured securities houses for retail investors. The firm has a total of 141 distribution points in the country, split between 100 investment galleries, 24 partnerships, nine full branches and eight representative offices.

With a roughly 9% DCM bookrunning market share during Euromoney’s awards period, AmInvestment Bank has a strong footing in Malaysia’s fixed income market and tight relationships with the largest corporates and government-backed entities.

BRI Danareksa Sekuritas is among the frontrunners on environmental, social and governance issues in Indonesia. In 2023, it established its sustainability strategy through BRIDS ESG 2023, effectively a framework for its sustainable finance programme.

A strategic revamp within Kiatnakin Phatra Securities about two years ago is benefitting the investment bank, giving it prime position on deal flow and making it Euromoney’s winner of Thailand’s best securities house award for 2024.

CIMB Investment Bank is a force to be reckoned with in Malaysia. During Euromoney’s awards period, it led the way on both ECM and DCM – and with wide margins.

Al Ahly Pharos is a leading provider of investment research in the Egyptian financial landscape, thanks to its extensive market coverage, in-depth sector analysis, prolific research output, rapid analytical capabilities and active investor engagement.

Within just about a year since its establishment, Royal Group Securities, led by CEO Chan Thoeun Seng, has made a name for itself in Cambodia’s fixed income market.

Kotak Mahindra Bank had an excellent year in equity capital markets. During Euromoney’s awards period of April 2023 to May 2024, Kotak ranked top of the ECM bookrunning league table for India, with credits for $5.4 billion in deal value from 53 deals, giving it a 10.76% market share and a clear lead over second place Citi with an 8.69% market share.

Indo Premier Sekuritas is somewhat unusual in Indonesia: it is one of the few local independent securities houses without government backing, without ties to a bank and without backing from a large conglomerate.