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.

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.

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.

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.

ÜNLÜ & Co has been making substantial strides in Turkey’s financial advisory and capital markets space, showcasing its expertise in high-impact transactions.

In the past year, OCBC Securities has made big headways on leveraging technology and digitalization to transform clients’ financial experience, becoming the natural choice for this Euromoney award.

Axis Capital’s investment banking franchise is second to none in India. It’s not only comprehensive – with offerings spanning ECM, DCM, M&A, private equity, loan syndication and structured finance – but also of high quality, catering to India Inc’s corporate financing needs effectively.

Within a span of less than four years, UCB Investment (UCBIL) has accomplished a lot in Bangladesh, keeping rivals at arm’s length and winning Euromoney’s best securities house award in the country this year.

A seasoned and reputed team of research analysts has given BNI Sekuritas, part of Indonesian financial major BNI Group, a big edge over peers. The investment bank’s research team actively covers 13 different sectors and ensures it is providing up-to-date and relevant information to clients, be it institutions or retail investors.

Topline Securities, led by CEO Mohammed Sohail, added numerous feathers to its cap in the past year.

Chapel Hill Denham is named Nigeria’s best securities house this year, thanks to its stellar performance across securities trading and investment banking.

Rand Merchant Bank (RMB) excelled in financial advisory, capital markets and strategic investments in the past year, making it a clear winner of this award.

The relationship Ho Chi Minh City Securities (HSC) has with large corporates and investors is impressive, often giving it a chance to have a first look at high-profile deals.

Arif Habib is a dominant force in Pakistan’s investment banking landscape, with a solid footing in debt and equity capital markets, as well as M&A advisory. While it excels across the board, it was its research franchise that impressed Euromoney the most during the awards period.

OCBC Securities, led by managing director Wilson He, is Singapore’s best securities house for 2024, gaining plaudits for evolving with the times, staying on top of client needs, thinking out of the box and – importantly – finding its niche and dominating that.

First Metro Investment Corporation is a research powerhouse in the Philippines, closely following factors shaping markets in the country and internationally and offering this insight to its clients.

CI Capital has been actively engaged in advising some of the most prominent businesses in Egypt and the Middle East, reflecting an expanding footprint in both local and international markets.

Huatai United Securities’ equity capital markets credentials are top notch, making it Euromoney’s best securities house for equities this year. In the onshore A-share market, Huatai ranked third among ECM bookrunners during the awards period, with league table credits of $7.8 billion and 51 deals, Dealogic data shows.

Huatai International takes the Euromoney award for best securities house in Hong Kong for 2024, thanks not just to its prowess across asset classes but also its ability to seamlessly collaborate with its onshore Chinese parent, Huatai United Securities, to execute deals and gain clients.

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

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.

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.

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.

Large Singaporean conglomerates looking for restructuring, corporate financing, listing, take-private or networking advice will without a doubt turn to DBS and brokerage arm DBS Vickers for their credentials, wide pan-Asia reach and strong market knowledge.

Sri Lanka has not had an easy few years, having had to navigate economic, social and political crises simultaneously. Yet, some of the country’s financial institutions have managed to steer their businesses in the right direction and remain a reliable force for clients.

The reputation and credentials of An Binh Securities’ research team have gone from strength to strength in recent years, in large part due to the analysts’ high success rate in forecasting stock price movements, helping clients make money off their investments.

Vietnam’s corporates turn to Vietcap Securities for their complex investment banking, fundraising and capital market needs.

Standard Bank CIB played a pivotal role in several high-impact sustainable transactions across Africa in 2023, highlighting its commitment to innovation in green finance, infrastructure development and economic growth.

Euroxx Securities, Greece's largest independent financial services firm, reported solid results in 2023.