Banks and financial institutions in Asia are once again being invited to pitch for this year’s FinanceAsia Country Awards for Achievement.
See below for information on the submissions process, including the separate criteria for domestic and international firms.
The submission deadline is Friday, May 16.
Pitches should be emailed to [email protected]. The winners of the awards will be announced on the web by mid-June 2014 and detailed write-ups will be published in the July 2014 issue of FinanceAsia magazine.
Submissions should cover the period of June 1, 2013 to May 16, 2014.
See the FAQ below for more information.
The submission documents can be downloaded in PDF format here:
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Submission document for domestic institutions |
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Submission document for international institutions |
Please provide all the information listed in each category — and in the required order.
DOMESTIC CRITERIA
Territories from which submissions are accepted:
o Bangladesh Best Bank only
o China
o Hong Kong Including a category for Chinese financial institutions
o India
o Indonesia
o South Korea
o Malaysia
o Mongolia Best Bank and Best Investment Bank only
o Pakistan Best Bank and Best Investment Bank only
o Philippines
o Singapore
o Sri Lanka Best Bank only
o Taiwan
o Thailand
o Vietnam
Best Bank
- A description of the bank’s performance in the past year, detailing key events the bank has faced. These might include credit events, mergers and so forth.
- The bank’s financials including the recent financial year (and where possible, latest quarter). This should include pre- and post-tax profits, the non-performing loan ratio, provisioning, return on equity, capital adequacy ratios and net interest margin. Please specify total assets, total loans, total deposits and total branch numbers. Please detail percentage changes from previous year.
- Please specify which metrics the bank itself is focused on based on internal targets.
- Describe the bank’s vision and long-term strategy.
- Describe how the bank views its market position versus its nearest competitor.
- A breakdown of where the profits come from split between corporate banking, retail banking and treasury.
- Bank analyst feedback. Is your bank a ‘buy’ with a large number of analysts? Please detail which analysts have a ‘buy’ on the stock. Has the share price performed better than your peer group in the period since June 1, 2013?
Best Investment Bank
This award will be given out in countries where we feel an overall best investment bank emerges based on excellence in corporate finance.
- Details of firm’s history, ownership structure, size and human resources.
- Provide details of all of the firm’s advisory and M&A work since June 1, 2013.
- Provide information requested in the Best DCM House and Best ECM House categories.
Best DCM House
- A list of bond deals plus the amount your firm has executed (with exact role) in the country’s local currency. Include dates executed.
- League table position, based on start date of June 1, 2013.
- Case studies (up to five) of the largest, most significant transactions and their relevance to the market and its development.
- Background on your institution and the way that the fixed income department is organised.
- Positive influence your institution may have had on the development of the local bond market since June 1, 2013.
Note: Best China DCM house will take into account deals done in the domestic market only.
Best ECM House
- A list of IPOs, secondary offerings and convertible bonds (include amounts) your firm has executed in the country’s local currency, specifying role (eg, lead manager, co-manager). Include dates executed.
- Specify participation in any international equity offerings, where relevant. Include dates executed.
- Provide Case studies (up to five) of the largest, most significant transactions and their relevance to the market and its development.
- Specify ownership structure if a JV with a foreign entity.
Best Broker
- Breakdown of market shares on the local exchange since June 1, 2013.
- This should include monthly ranking with percentages, as well as an average for the period concerned.
- Breakdown of the percentage of the business, which is retail versus institutional.
- Breakdown of the percentage of commissions that come from local accounts versus foreign.
- Successful examples as a distribution channel for IPOs and secondary offerings.
- Provide up to five examples of your firm’s equity research, explaining where it made decisive calls.
- Specify ownership structure if a JV with a foreign entity.
- Please provide a written testimonial from one of your larger clients (in terms of volume) that has been using your services for over three years.
Best Foreign Exchange Bank
- What FX products do you provide for customers and what new products have you rolled out since June 1, 2013
- What is your market share of trading flows
- Please provide a written testimonial from a client that has been using your services for over three years
- FinanceAsia will also poll international banks and FX customers for their views
Best Private Bank
Asia is getting richer and consequently we have noted an increase in the onshore wealth management firms offering private banking advice.
- Please demonstrate the size and scope of your business in the country in question, both in terms of assets under management and the number of customers you have
- Explain the breadth of offerings you have, in terms of reach and span of client coverage
Note: We will announce these awards on the web in mid-August and in the “Rich List” issue in September, when we identify Asia’s top 100 dividend earners.
INTERNATIONAL CRITERIA
Territories from which submissions are accepted:
o Bangladesh Best Commercial Bank only
o China
o Hong Kong
o India
o Indonesia
o South Korea
o Malaysia
o Mongolia Best Investment Bank only
o Pakistan Best Commercial Bank only
o Philippines
o Singapore
o Sri Lanka Best Commercial Bank only
o Taiwan
o Thailand
o Vietnam
Best Foreign Commercial Bank
- Submissions should contain all published financials on the bank’s operation in the country in question. In Malaysia, for example, it is possible to include ALL key financials such as net income numbers and return on equity. Where financials are not separately broken out or published, institutions should provide as much data as is possible.
- The number of branches and headcount (how has this changed in the period?)
- What are the key business lines the bank undertakes in the country and their approximate percentage contribution to the bottom line.
- List all key transactional business executed by the bank, such as important participations in a loan, an important in-country cash management mandate, an increase in the bank’s custody business in the June-May period, trade finance, etc.
- Has the bank made any acquisitions? How have they improved the franchise? Give details.
- Testimonials from clients in the relevant countries will gain credit in the decision making process. No more than five testimonials should be included, with a balance between major local companies and multinationals operating in that country. Testimonials should come on the client’s headed paper and more credit will be given where a client makes specific mention of why the bank is their preferred choice (as opposed to a boilerplate letter).
Best Foreign Investment Bank
- What is your on-the-ground presence?
- List number of staff and breakdown by department.
- List key deals executed in debt, equity and M&A, with explanation of importance, structure and date executed. Please list other joint bookrunners or advisers on each deal.
- League table position since June 1, 2013 in debt, equity and M&A from the country concerned.
- Provide details of key local client relationships and repeat business executed.
- How long has your institution been in the relevant country?
- Do you have any senior staff members who are well known within the country for their many years of expertise or their career history outside the firm?
- Testimonials from satisfied clients will get credit. No more than five testimonials should be included from clients for whom you have executed investment banking transactions. Testimonials should come on the client’s headed paper and more credit will be given where a client makes specific mention of why the bank is their preferred choice (as opposed to a boilerplate letter).
Note: For China, we will take into account deals done in the domestic market only. All China ECM & DCM deals in Hong Kong will be considered under the Best Foreign Investment Bank for Hong Kong
Please provide a contact person for each of the above categories for follow-up questions. Telephone and email address should be provided.
FinanceAsia reserves the right not to award a category where our criteria are not met.
If you have any questions regarding the submission process or would like to arrange a meeting/conference call, please contact us at [email protected].
FAQ
In what format should we provide submissions?
Any standard format is acceptable (.pdf, .doc, .ppt, etc). Please do not submit password-protected documents.
Is it okay for submissions to contain graphics, tables, charts, etc?
Yes.
Are deals eligible for inclusion in a house award submission if they haven’t closed by the submission deadline but are expected to close before May 31?
Yes, additional information can be submitted.
Why aren’t Australia and Japan included?
These markets are covered by separate awards.
Will we be invited to schedule meetings or conference calls?
We will conduct meetings and conference calls between submission of the pitch documents and May 31 where we have additional questions.
What data do you use to support your decisions?
We use Dealogic for capital markets league tables. If you choose to use another league table provider please also include Dealogic’s league table and reconcile the differences. We do not give full credit for self-led deals. We also use data from Bloomberg and SNL Financial.
Which category do Chinese deals in Hong Kong count towards?
All Chinese capital markets deals in Hong Kong (such as IPOs and offshore renminbi bonds) will be considered under the Hong Kong category.
The international businesses of Chinese financial institutions active in Hong Kong are invited to pitch for a separate category in Hong Kong including Best ECM House, DCM House and Best Investment Bank among Chinese firms.
