Siam Commercial Bank
Who would guess that there was a global health crisis going on from looking at the results of Thailand’s leading corporate and investment banks?
Siam Commercial Bank, Bangkok Bank, Bualuang Securities and Kiatnakin Phatra Securities all notched up outstanding deals during the latest Asiamoney awards period, despite Thailand’s widespread economic woes, so choosing the winner was tough.
Bangkok Bank, which came top last year, ranked high in the league tables in both equity and debt capital markets. Kiatnakin Phatra also did well with its four big M&A deals topping $1.5 billion, according to Dealogic, and various equity-related transactions. But it was Siam Commercial Bank (SCB), led by chief executive Arthid Nanthawithaya, that impressed Asiamoney the most: it showed its strength across the spectrum from DCM to ECM, and from M&A to loans and project finance, making it the best corporate and investment bank this year.
SCB ranked number one for ECM volume by bookrunners, according to Dealogic, with six offerings worth a total of $1.1 billion. In loans volume in Thailand, it was joint second with deals worth $724 million.
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