Islamic Capital Markets League Tables Q1 2018

Transcription

1. ISLAMIC CAPITAL MARKETS LEAGUE TABLES Q1 2018
2. Q1 2018 MANAGER RANKINGS ISLAMIC CAPITAL MARKETS The Bloomberg Capital Markets Tables represent the top arrangers , bookrunners and advisors across a broad array of deal types including loans, bonds, equity and M&A transactions; according to Bloomberg standards. LEAG<GO> for a full range of league tables MA<GO> for a full range of merger & acquisition tables NI LEAG CRL<GO> or http://www.bloomberg.com/ for a full range of market-specific league table publications Due to the dynamic nature of the Professional Service product, league table rankings may vary between this release and data found on the Bloomberg Professional Service. DATA SUBMISSIONS AND QUERIES Contact Phone Email Americas Paul Bandong +1 609 279 5187 loansleag@bloomberg.net EMEA Sami Arafeh +971 4 4492349 europeanloan@bloomberg.net Asia-Pacific Xin Yu Chen +65 6212 1123 aploans@bloomberg.net © 2018 Bloomberg Finance L.P. All rights reserved.
3. Bloomberg IslamicCapitalMarkets |Q12018 Sukuk&IslamicFinancing:IndustryBreakdown Sukuk&IslamicFinancing 10% 7% Sukuk&IslamicFinancing 20% 63% Q12017 Rank Mkt Share(%) Volume(USD Mln) Deal Count Prev Rank PrevMkt Share(%) MktShare Chg(%) HSBC 1 9.097 2,161 12 1 12.245 -3.148 CIMB 2 9.051 2,150 37 4 7.340 1.711 Government63% Citi 3 8.154 1,937 8 21 1.170 6.984 Financials20% StandardCharteredBank 4 7.742 1,839 10 2 9.821 -2.079 Industrials7% RHB 5 6.615 1,571 45 11 2.767 3.848 Others10% DubaiIslamicBank 6 4.830 1,148 7 7 4.377 0.453 JPMorgan 7 4.674 1,110 4 21 1.170 3.504 AmInvestmentBankBhd 8 4.004 951 63 6 5.992 -1.988 SumitomoMitsuiFinancial 9 3.987 947 3 31 0.328 3.659 Maybank 10 3.877 921 21 5 6.312 -2.435 MitsubishiUFJFinancialGroup Inc 11 3.329 791 2 27 0.623 2.706 MizuhoFinancial 11 3.329 791 2 31 0.328 3.001 CreditAgricoleCIB 13 3.220 765 1 - - 3.220 BankofChina 13 3.220 765 1 41 0.095 3.125 Industrial&CommBankof China 13 3.220 765 1 - - 3.220 AbuDhabiIslamicBank 16 2.778 660 3 25 0.711 2.067 SharjahIslamicBank 17 1.789 425 3 26 0.655 1.134 FirstAbuDhabiBankPJSC 18 1.536 365 4 3 8.724 -7.188 GulfInternationalBankBSC 19 1.500 356 2 12 2.527 -1.027 SocieteGenerale 20 1.389 330 2 19 2.146 -0.757 100% 23,755 117 TOTAL 2018 2017 k R H B Sukuk&IslamicFinancing:RankingsHistory 2016 15 10 5 B k an la Is ai D ub S ta nd ar d C ha rte m ic re d B C i ti B C IM B C 0 H S MarketShare(%) Firm an Q12018 100% ThistableconsistsofIslamicfinancingandSukukissuances.Thisexcludesbondswithwarrants,credit-linkedsecurities,andstructurednotes. Thereisaminimumthresholdof12monthsformaturities,callorputperiods,andUSD50MMminimumamountforself-ledsecurities.Pleasesee LeagueTableStandardsandGuidelinesforfurtherdetails. BloombergLeagueTableReports Page1
4. Bloomberg IslamicCapitalMarkets |Q12018 GlobalSukuk:IndustryBreakdown GlobalSukuk 8% 6% 7% GlobalSukuk 51% Q12017 Prev Rank PrevMkt Share(%) MktShare Chg(%) 37 4 7.754 6.400 45 11 2.823 7.521 Government51% 1,396 11 1 12.935 -3.745 Financials28% 7.545 1,146 6 19 1.236 6.309 Industrials7% 5 7.224 1,098 6 7 4.623 2.601 Materials6% StandardCharteredBank 6 7.071 1,074 9 2 10.374 -3.303 Others8% AmInvestmentBankBhd 7 6.262 951 63 6 6.330 -0.068 Maybank 8 6.063 921 21 5 6.667 -0.604 AbuDhabiIslamicBank 9 4.344 660 3 - - 4.344 SharjahIslamicBank 10 2.468 375 2 24 0.692 1.776 GulfInternationalBankBSC 11 2.345 356 2 12 2.670 -0.325 JPMorgan 12 2.274 345 3 19 1.236 1.038 EmiratesNBDPJSC 13 2.105 320 4 10 3.377 -1.272 FirstAbuDhabiBankPJSC 14 2.074 315 3 3 9.215 -7.141 BNPParibas 15 1.711 260 2 37 0.196 1.515 KenangaInvestmentBank Bhd 16 1.682 255 7 - - 1.682 KuwaitFinanceHouse 17 1.679 255 2 18 1.579 0.100 AffinHwangCapital 18 1.492 227 8 - - 1.492 NationalBankofBahrain BSC 19 1.317 200 1 - - 1.317 BankABC 20 1.093 166 2 23 0.952 0.141 100% 15,191 109 TOTAL GlobalSukuk:ManagerRankingsHistory 2018 2017 2016 15 10 5 re d B an k k 0 an rte DubaiIslamicBank B 4 C ha Citi ic 9.190 m 3 la HSBC C i ti 1,571 ar d nd ta S D ub ai 2,150 10.344 C 14.154 2 B 1 RHB H S CIMB R H B Deal Count B Volume(USD Mln) C IM Mkt Share(%) Firm MarketShare(%) Rank 28% Is Q12018 100% ThistableconsistsofgloballysyndicatedSukukissuances.Thisexcludesbondswithwarrantsandstructurednotes.Thereisaminimum thresholdof12monthsformaturities,callorputperiodsandUSD50MMminimumamountforself-ledsecurities.PleaseseeLeagueTable StandardsandGuidelinesforfurtherdetails. BloombergLeagueTableReports Page2
5. Bloomberg IslamicCapitalMarkets |Q12018 InternationalSukuk:IndustryBreakdown InternationalSukuk 6% 28% InternationalSukuk 65% Q12017 Prev Rank PrevMkt Share(%) MktShare Chg(%) 6 1 17.737 -5.296 6 10 2.136 9.835 Government65% 1,098 6 4 7.989 3.473 Financials28% 11.219 1,074 9 2 17.588 -6.369 ConsumerDiscretionary6% 5 9.573 917 4 8 2.691 6.882 6 6.893 660 3 - - 6.893 SharjahIslamicBank 7 3.916 375 2 14 1.196 2.720 GulfInternationalBankBSC 8 3.721 356 2 - - 3.721 JPMorgan 9 3.607 345 3 10 2.136 1.471 EmiratesNBDPJSC 10 3.339 320 4 7 5.836 -2.497 FirstAbuDhabiBankPJSC 11 3.290 315 3 3 15.923 -12.633 BNPParibas 12 2.715 260 2 - - 2.715 KuwaitFinanceHouse 13 2.663 255 2 9 2.243 0.420 NationalBankofBahrainBSC 14 2.089 200 1 - - 2.089 BankABC 15 1.734 166 2 13 1.645 0.089 NoorBank 16 1.708 164 3 24 0.449 1.259 SumitomoMitsuiFinancial 17 1.632 156 1 20 0.598 1.034 Natixis 17 1.632 156 1 17 0.769 0.863 NationalCommercialBank 19 1.358 130 1 - - 1.358 AlkhairInternationalIslamicBank Bhd 20 0.653 63 1 - - 0.653 100% 9,575 12 TOTAL InternationalSukuk:ManagerRankingsHistory 2018 2017 2016 20 15 10 5 k an B C IM k an B la rte m ic re d B an k B 0 bi Is C ha D ha bu AbuDhabiIslamicBank ic CIMB m 4 la StandardCharteredBank ar d 11.462 nd 3 ta DubaiIslamicBank S 1,146 C i ti 1,191 11.971 Is 12.441 2 ai 1 Citi D ub HSBC C Deal Count B Volume(USD Mln) H S Mkt Share(%) MarketShare(%) Rank Firm A Q12018 100% ThistableconsistsofinternationalSukukissuances.Thisexcludesbondswithwarrants,domesticSukuk,credit-linkedsecuritiesandstructured notes.Thereisaminimumthresholdof12monthsformaturities,callorputperiodsandUSD50MMminimumamountforself-ledsecurities.Please seeLeagueTableStandardsandGuidelinesforfurtherdetails. BloombergLeagueTableReports Page3
6. Bloomberg IslamicCapitalMarkets |Q12018 USDollarInternationalSukuk:IndustryBreakdown USDollarInternationalSukuk 6% 28% USDollarInternationalSukuk 65% Q12017 Prev Rank PrevMkt Share(%) MktShare Chg(%) 6 1 18.776 -6.335 6 10 2.261 9.710 Government65% 1,098 6 4 8.457 3.005 Financials28% 11.219 1,074 9 2 18.618 -7.399 ConsumerDiscretionary6% 5 9.573 917 4 8 2.849 6.724 6 6.893 660 3 - - 6.893 SharjahIslamicBank 7 3.916 375 2 13 1.266 2.650 GulfInternationalBankBSC 8 3.721 356 2 - - 3.721 JPMorgan 9 3.607 345 3 10 2.261 1.346 EmiratesNBDPJSC 10 3.339 320 4 7 6.177 -2.838 FirstAbuDhabiBankPJSC 11 3.290 315 3 3 13.214 -9.924 BNPParibas 12 2.715 260 2 - - 2.715 KuwaitFinanceHouse 13 2.663 255 2 9 2.374 0.289 NationalBankofBahrainBSC 14 2.089 200 1 - - 2.089 BankABC 15 1.734 166 2 12 1.741 -0.007 NoorBank 16 1.708 164 3 23 0.475 1.233 SumitomoMitsuiFinancial 17 1.632 156 1 19 0.633 0.999 Natixis 17 1.632 156 1 16 0.814 0.818 NationalCommercialBank 19 1.358 130 1 - - 1.358 AlkhairInternationalIslamicBank Bhd 20 0.653 63 1 - - 0.653 100% 9,575 12 TOTAL USDollarInternationalSukuk:ManagerRankingsHistory 2018 2017 2016 20 15 10 5 k an B C IM k an B la rte m ic re d B an k B 0 bi Is C ha D ha bu AbuDhabiIslamicBank ic CIMB m 4 la StandardCharteredBank ar d 11.462 nd 3 ta DubaiIslamicBank S 1,146 C i ti 1,191 11.971 Is 12.441 2 ai 1 Citi D ub HSBC C Deal Count B Volume(USD Mln) H S Mkt Share(%) MarketShare(%) Rank Firm A Q12018 100% ThistableconsistsofInternationalSukukissuancesdenominatedinUSD.Thisexcludesbondswithwarrants,DomesticSukuk,credit-linked securitiesandstructurednotes.Thereisaminimumthresholdof18monthsformaturities,callorputperiodsandUSD50MMminimumamountfor self-ledsecurities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails. BloombergLeagueTableReports Page4
7. Bloomberg IslamicCapitalMarkets |Q12018 DomesticSukuk:IndustryBreakdown DomesticSukuk 4% 6% 30% 17% DomesticSukuk Q12017 MktShare Chg(%) 4 6.702 21.276 2 14.708 7.255 Government30% 63 1 15.027 1.910 Financials26% 921 21 3 14.184 2.215 Industrials17% 4.548 255 7 - - 4.548 Materials17% 6 4.035 227 8 - - 4.035 Utilities6% 7 3.647 205 5 5 6.338 -2.691 Others4% BankIslamMalaysiaBerhad 8 1.312 74 3 - - 1.312 Oversea-ChineseBanking Corp 8 1.312 74 3 17 0.100 1.212 MandiriSekuritasPT 10 0.356 20 7 18 0.071 0.285 IndoPremierSecurities 10 0.356 20 7 18 0.071 0.285 VakifYatirimMenkulDegerler AS 12 0.294 17 1 - - 0.294 BahanaSecurities 13 0.229 13 4 - - 0.229 DanareksaSekuritasPT 13 0.229 13 4 - - 0.229 PublicBankBerhad 15 0.150 8 2 - - 0.150 TrimegahSecurities 16 0.127 7 3 18 0.071 0.056 DBSGroup 16 0.127 7 3 18 0.071 0.056 - - - - - - - - - - - - - - - - - - - - - - - - 100% 5,616 97 100% 2018 2017 2016 45 40 30 20 10 l i ta n ffi A st m en H w an tB g an ay k C ap B ba nk hd 0 K TOTAL DomesticSukuk:ManagerRankingsHistory M HSBC ve AffinHwangCapital In 5 ga KenangaInvestmentBankBhd an 16.399 hd 4 B Maybank k 951 an 16.937 B 3 tB AmInvestmentBankBhd en 33 C IM 45 1,234 m 1,571 21.963 st 27.978 2 ve 1 CIMB Firm In RHB 26% PrevMkt Share(%) m Prev Rank A Deal Count R H B Volume(USD Mln) MarketShare(%) Rank Mkt Share(%) 17% en Q12018 ThistableconsistsofdomesticSukukissuances.Thisexcludesbondswithwarrants,reverseconvertibles,syntheticconvertiblesandstructured notes.Thereisaminimumthresholdof12monthsformaturities,callorputperiodsandUSD50MMminimumamountforself-ledsecurities.Please seeLeagueTableStandardsandGuidelinesforfurtherdetails. BloombergLeagueTableReports Page5
8. Bloomberg IslamicCapitalMarkets |Q12018 GCCSukuk:IndustryBreakdown GCCSukuk 13% 46% GCCSukuk 42% Q12017 Prev Rank PrevMkt Share(%) MktShare Chg(%) 7 9 5.758 12.515 4 10 5.104 5.262 Financials46% 435 3 1 12.698 -3.635 Government42% 8.126 390 3 13 3.112 5.014 ConsumerDiscretionary13% 5 7.813 375 2 16 1.743 6.070 6 6.563 315 3 11 4.855 1.708 BNPParibas 7 5.417 260 2 - - 5.417 KuwaitFinanceHouse 8 5.313 255 2 12 3.268 2.045 GulfInternationalBankBSC 9 4.167 200 1 3 6.722 -2.555 35 NationalBankofBahrainBSC 9 4.167 200 1 - - 4.167 30 JPMorgan 11 3.855 185 2 13 3.112 0.743 NationalCommercialBank 12 2.709 130 1 3 6.722 -4.013 BankABC 13 2.604 125 1 15 2.397 0.207 NoorBank 14 2.552 123 2 25 0.654 1.898 EmiratesNBDPJSC 14 2.552 123 2 2 7.719 -5.167 Nomura 16 1.302 63 1 - - 1.302 GoldmanSachs 16 1.302 63 1 - - 1.302 AlkhairInternationalIslamicBank Bhd 16 1.302 63 1 - - 1.302 DeutscheBank 16 1.302 63 1 - - 1.302 AbuDhabiIslamicBank 20 1.250 60 1 - - 1.250 100% 4,799 7 TOTAL GCCSukuk:ManagerRankingsHistory 2018 2017 2016 20 10 C k JS an k P B an ic m B la bi D ha C B C i ti Is h rj a tA bu ha S nd ta S H S k 0 an FirstAbuDhabiBankPJSC B SharjahIslamicBank ic 4 m Citi k 9.063 la 3 an HSBC Is 498 B 877 10.366 ai 18.273 2 re d 1 DubaiIslamicBank D ub StandardCharteredBank rte Deal Count C ha Volume(USD Mln) ar d Mkt Share(%) MarketShare(%) Rank Firm Fi rs Q12018 100% ThistableconsistsofSukukissuancesbyissuersfromBahrain,Kuwait,Oman,Qatar,SaudiArabiaandtheUnitedArabEmirates.Thisexcludes bondswithwarrantsandcredit-linkedsecurities.Thereisaminimumthresholdof18monthsformaturities,callorputperiodsandUSD50MM minimumamountforself-ledsecurities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails. BloombergLeagueTableReports Page6
9. Bloomberg IslamicCapitalMarkets |Q12018 MalaysianRinggitIslamicSukuk:IndustryBreakdown MalaysianRinggitSukuk 4% 15% MalaysianRinggitIslamicSukuk 27% 17% Q12018 Q12017 19% 18% Rank Mkt Share(%) Volume(MYR Mln) Deal Count Prev Rank PrevMkt Share(%) MktShare Chg(%) RHB 1 28.584 6,561 49 4 11.488 17.096 CIMB 2 28.472 6,535 65 2 26.845 1.627 Utilities27% Maybank 3 21.743 4,991 51 3 26.009 -4.266 Financials19% AmInvestmentBankBhd 4 10.598 2,433 34 1 27.253 -16.655 Industrials18% KenangaInvestmentBank Bhd 5 4.357 1,000 7 - - 4.357 Materials17% HSBC 6 3.486 800 5 - - 3.486 AffinHwangCapital 7 2.614 600 5 - - 2.614 PublicBankBerhad 8 0.146 34 2 - - 0.146 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 100% 22,952 96 MalaysianRinggitIslamicSukuk:ManagerRankings History 2018 30 20 10 C B H S hd an k B hd In ga m In ve st m en tB st m en tB an ay k B ba nk B R H B 0 ve BloombergLeagueTableReports 2016 40 K en an A ThistableconsistsofSukukissuancesdenominatedinMalaysianRinggit.Thisexcludesbondswithwarrants.Thereisaminimumthresholdof12 monthsformaturities,callorputperiods,andUSD50MMminimumamountforself-ledsecurities.PleaseseeLeagueTableStandardsand Guidelinesforfurtherdetails. 2017 50 M 100% Others4% C IM TOTAL Government15% MarketShare(%) Firm Page7
10. Bloomberg IslamicCapitalMarkets |Q12018 EMEAIslamicFinancing:IndustryBreakdown EMEAIslamicFinancing:Bookrunner 2% 6% 6% EMEAIslamicFinancing(Bookrunner) Q12017 85% Rank Mkt Share(%) Volume(USD Mln) Deal Count Prev Rank PrevMkt Share(%) MktShare Chg(%) CreditAgricoleCIB 1 9.155 765 1 - - 9.155 MitsubishiUFJFinancialGroupInc 1 9.155 765 1 - - 9.155 Government85% BankofChina 1 9.155 765 1 - - 9.155 Industrials6% Industrial&CommBankofChina 1 9.155 765 1 - - 9.155 Financials6% JPMorgan 1 9.155 765 1 - - 9.155 Others2% HSBC 1 9.155 765 1 - - 9.155 SumitomoMitsuiFinancial 1 9.155 765 1 - - 9.155 Citi 1 9.155 765 1 - - 9.155 StandardCharteredBank 1 9.155 765 1 - - 9.155 MizuhoFinancial 1 9.155 765 1 - - 9.155 SocieteGenerale 11 3.949 330 2 1 51.117 -47.168 SharjahIslamicBank 12 0.598 50 1 - - 0.598 DubaiIslamicBank 12 0.598 50 1 - - 0.598 FirstAbuDhabiBankPJSC 12 0.598 50 1 - - 0.598 AbuDhabiCommercialBank 12 0.598 50 1 - - 0.598 NationalBankofEgypt 16 0.442 37 2 4 1.053 -0.611 BanqueMisrSAE 17 0.408 34 1 4 1.053 -0.645 CommercialInternationalBankof Egypt 17 0.408 34 1 4 1.053 -0.645 QatarNationalBank 17 0.408 34 1 4 1.053 -0.645 ArabAfricanInternationalBank 17 0.408 34 1 4 1.053 -0.645 100% 8,355 6 2018 2016 MarketShare(%) 8 6 4 2 al k ci an B Fi n re d o rte iz S ta nd M C ha ar d uh F in ui i ts M o m i to S um an al an C i ti C B ci n na or ga C hi M of k B an JP c na In of k B m C om l & ri a In du st hi is ub C hi p an ol al gr ic ci i t an Fi n U FJ C re d G ro u e C IB 0 A 100% 2017 10 i ts TOTAL EMEAIslamicFinancing:BookrunnerRankingsHistory M Firm H S Q12018 ThistableconsistsofIslamicfinancingwithamarketofsyndicationintheEMEAregion.Thisexcludesbilateralloans.Thereisaminimum thresholdof3monthsformaturities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails. BloombergLeagueTableReports Page8
11. Bloomberg IslamicCapitalMarkets |Q12018 EMEAIslamicFinancing:IndustryBreakdown EMEAIslamicFinancing:MandatedLead Arranger 2% 6% 6% EMEAIslamicFinancing(MandatedLeadArranger) 85% Q12018 Q12017 Rank Mkt Share(%) Volume(USD Mln) Deal Count Prev Rank PrevMkt Share(%) MktShare Chg(%) BankofChina 1 7.450 643 2 - - 7.450 Industrials6% Industrial&CommBankof China 1 7.450 643 2 - - 7.450 Financials6% StandardCharteredBank 1 7.450 643 2 - - 7.450 CreditAgricoleCIB 4 7.381 638 1 - - 7.381 MitsubishiUFJFinancialGroup Inc 4 7.381 638 1 - - 7.381 JPMorgan 4 7.381 638 1 - - 7.381 HSBC 4 7.381 638 1 4 9.817 -2.436 BNPParibas 4 7.381 638 1 - - 7.381 SumitomoMitsuiFinancial 4 7.381 638 1 - - 7.381 Citi 4 7.381 638 1 - - 7.381 GoldmanSachs 4 7.381 638 1 - - 7.381 MizuhoFinancial 4 7.381 638 1 - - 7.381 SocieteGenerale 13 3.821 330 2 7 5.741 -1.920 KuwaitFinanceHouse 14 1.611 139 1 - - 1.611 SharjahIslamicBank 15 0.579 50 1 - - 0.579 DubaiIslamicBank 15 0.579 50 1 - - 0.579 FirstAbuDhabiBankPJSC 15 0.579 50 1 - - 0.579 AbuDhabiCommercialBank 15 0.579 50 1 - - 0.579 NationalBankofEgypt 19 0.427 37 2 14 0.118 0.309 BanqueMisrSAE 20 0.394 34 1 14 0.118 0.276 100% 8,636 8 TOTAL Government85% Others2% EMEAIslamicFinancing:MandatedLeadArranger RankingsHistory 2018 2017 2016 10 MarketShare(%) 8 6 4 2 l & ri a st du S B C an om k of m C B ta hi nd an na a k rd M o i ts fC C ha ub hi r na is t C er hi re ed U di B tA FJ a F nk gr in ic an ol e ci C al IB G ro up In JP c M or ga n S um H i to S B B N m C P o P M ar i ts ib ui as F in an ci al G ol dm C i ti an M S iz ac uh hs o Fi na nc ia l 0 In Firm 100% ThistableconsistsofIslamicfinancingwithamarketofsyndicationintheEMEAregion.Thisexcludesbilateralloans.Thereisaminimum thresholdof3monthsformaturities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails. BloombergLeagueTableReports Page9
12. Bloomberg IslamicCapitalMarkets |Q12018 EMEAIslamicFinancing:IndustryBreakdown EMEAIslamicFinancing:AdministrativeAgent 2% 6% 6% EMEAIslamicFinancing(AdministrativeAgent) Q12018 Q12017 Rank Mkt Share(%) Volume(USD Mln) Deal Count MizuhoFinancial 1 88.124 7,650 1 SocieteGenerale 2 3.801 330 2 AbuDhabiIslamicBank 3 3.744 325 1 AbuDhabiCommercial Bank 4 2.304 200 NationalBankofEgypt 5 2.027 - - - - - 85% PrevMkt Share(%) MktShare Chg(%) - - 88.124 4 3.040 0.761 Government85% 5 1.787 1.957 Industrials6% 1 - - 2.304 Financials6% 176 2 7 0.313 1.714 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 40 20 pt k l B na io A bu N at D ha bi D ha bi C om Is m an k er ci of al E B gy an k an B ic m la te ie oc uh o Fi n G en an ci er al al e 0 bu 100% 2016 60 S 7 2017 80 iz 8,680 2018 90 M 100% EMEAIslamicFinancing:AdministrativeAgentRankings History A TOTAL Others2% MarketShare(%) Firm Prev Rank ThistableconsistsofIslamicfinancingwithamarketofsyndicationintheEMEAregion.Thisexcludesbilateralloans.Thereisaminimum thresholdof3monthsformaturities.PleaseseeLeagueTableStandardsandGuidelinesforfurtherdetails. BloombergLeagueTableReports Page10
13. Bloomberg IslamicCapitalMarkets |Q12018 GlobalIslamicFinancing:IndustryBreakdown GlobalIslamicFinancing:Bookrunner 2% 6% 8% GlobalIslamicFinancing:Bookrunner Q12017 Firm Rank MitsubishiUFJFinancialGroupInc 1 9.234 791 2 - - 9.234 SumitomoMitsuiFinancial 1 9.234 791 2 - - 9.234 Government83% Citi 1 9.234 791 2 - - 9.234 Industrials8% MizuhoFinancial 1 9.234 791 2 - - 9.234 Financials6% CreditAgricoleCIB 5 8.933 765 1 - - 8.933 Others2% BankofChina 5 8.933 765 1 5 1.776 7.157 Industrial&CommBankofChina 5 8.933 765 1 - - 8.933 JPMorgan 5 8.933 765 1 - - 8.933 HSBC 5 8.933 765 1 - - 8.933 StandardCharteredBank 5 8.933 765 1 - - 8.933 SocieteGenerale 11 3.853 330 2 2 22.653 -18.800 Oversea-ChineseBankingCorp 12 0.619 53 1 - - 0.619 SharjahIslamicBank 13 0.584 50 1 - - 0.584 FirstAbuDhabiBankPJSC 13 0.584 50 1 - - 0.584 DubaiIslamicBank 13 0.584 50 1 - - 0.584 AbuDhabiCommercialBank 13 0.584 50 1 - - 0.584 NationalBankofEgypt 17 0.431 37 2 12 0.466 -0.035 BanqueMisrSAE 18 0.398 34 1 12 0.466 -0.068 CommercialInternationalBankof Egypt 18 0.398 34 1 12 0.466 -0.068 QatarNationalBank 18 0.398 34 1 12 0.466 -0.068 100% 8,563 8 GlobalIslamicFinancing:BookrunnerRankingsHistory 2018 2016 8 6 4 2 k C rte re d B an n B C ha In du st S ta nd ar d m C om l & ri a um S H S na or ga JP M na C hi C hi of k of k an B an al C IB ci e ol an Fi n gr ic A o C re d uh iz M i t al c ci In an p F in ui G ro u al i ts ci i to m Fi n U FJ hi is ub C i ti 0 i ts 100% 2017 10 M MktShare Chg(%) an PrevMkt Share(%) o Prev Rank MarketShare(%) Deal Count M TOTAL Volume(USD Mln) 83% Mkt Share(%) B Q12018 ThistableconsistsofallGlobalSyndicatedIslamicFinancing.ItexcludesbilateralIslamicFinancing.Thereisaminimumthresholdof3monthsfor maturities.PleaseseetheLeagueTableStandardsandGuidelinesforfurtherdetails. BloombergLeagueTableReports Page11
14. Bloomberg IslamicCapitalMarkets |Q12018 GlobalIslamicFinancing:IndustryBreakdown GlobalIslamicFinancing:MandatedLead Arranger 2% 6% 8% GlobalIslamicFinancing:MandatedLeadArranger 83% Q12018 Q12017 Rank Mkt Share(%) Volume(USD Mln) Deal Count Prev Rank PrevMkt Share(%) MktShare Chg(%) BankofChina 1 7.494 663 3 16 0.352 7.142 Industrials8% MitsubishiUFJFinancialGroup Inc 2 7.427 657 2 - - 7.427 Financials6% BNPParibas 2 7.427 657 2 16 0.352 7.075 SumitomoMitsuiFinancial 2 7.427 657 2 - - 7.427 Citi 2 7.427 657 2 - - 7.427 MizuhoFinancial 2 7.427 657 2 - - 7.427 Industrial&CommBankof China 7 7.275 643 2 - - 7.275 StandardCharteredBank 7 7.275 643 2 - - 7.275 CreditAgricoleCIB 9 7.208 638 1 - - 7.208 JPMorgan 9 7.208 638 1 - - 7.208 HSBC 9 7.208 638 1 3 12.960 -5.752 GoldmanSachs 9 7.208 638 1 - - 7.208 SocieteGenerale 13 3.731 330 2 10 4.491 -0.760 KuwaitFinanceHouse 14 1.574 139 1 - - 1.574 SharjahIslamicBank 15 0.565 50 1 - - 0.565 DubaiIslamicBank 15 0.565 50 1 - - 0.565 FirstAbuDhabiBankPJSC 15 0.565 50 1 - - 0.565 AbuDhabiCommercialBank 15 0.565 50 1 - - 0.565 NationalBankofEgypt 19 0.417 37 2 23 0.092 0.325 BanqueMisrSAE 20 0.385 34 1 23 0.092 0.293 100% 8,844 10 Government83% Others2% 2018 2016 8 6 4 2 al S um i to m M iz uh o Fi n an ci C i ti al an F in ui i ts o M an Fi n U FJ hi M i ts ub is ci as ar ib P N P B ci al an k of G ro u p C hi In c na 0 B TOTAL 2017 10 MarketShare(%) Firm 100% ThistableconsistsofallGlobalSyndicatedIslamicFinancing.ItexcludesbilateralIslamicFinancing.Thereisaminimumthresholdof3monthsfor maturities.PleaseseetheLeagueTableStandardsandGuidelinesforfurtherdetails. BloombergLeagueTableReports Page12
15. Bloomberg IslamicCapitalMarkets |Q12018 GlobalIslamicFinancing:IndustryBreakdown GlobalIslamicFinancing:Administrative Agent 2% 6% 8% GlobalIslamicFinancing:AdministrativeAgent 83% Q12018 Q12017 Rank Mkt Share(%) Volume(USD Mln) Deal Count Prev Rank PrevMkt Share(%) MktShare Chg(%) MizuhoFinancial 1 86.062 7,650 1 - - 86.062 Industrials8% SocieteGenerale 2 3.712 330 2 5 2.825 0.887 Financials6% AbuDhabiIslamicBank 3 3.656 325 1 6 1.661 1.995 Others2% AbuDhabiCommercialBank 4 2.250 200 1 - - 2.250 NationalBankofEgypt 5 1.980 176 2 9 0.291 1.689 Citi 6 1.744 155 1 - - 1.744 Oversea-ChineseBanking Corp 7 0.596 53 1 - - 0.596 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 100% 8,888 9 TOTAL Government83% 2018 2017 2016 90 80 60 40 20 of k an l B na io A bu N at bi D ha C i ti gy E B al er ci m C om Is bi D ha bu A pt k an k an B ic m la te ie oc S iz uh o Fi n G en an ci er al al e 0 M MarketShare(%) Firm 100% ThistableconsistsofallGlobalSyndicatedIslamicFinancing.ItexcludesbilateralIslamicFinancing.Thereisaminimumthresholdof3monthsfor maturities.PleaseseetheLeagueTableStandardsandGuidelinesforfurtherdetails. BloombergLeagueTableReports Page13
16. Bloomberg – League Tables Criteria General Guidelines Credit is based on the total amount of the offering sold to the public. Full credit is awarded to the sole bookrunning manager or split equally among joint bookrunning managers; unless full, explicit breakdown of bookrunning is provided by an involved party. Regional and local tables are identified based on factors such as currency, market of issuer and/or country of risk/incorporation. Fixed Income All transactions must have a maturity/call/put option of minimum 18 months. Make-whole call and provisional call/put are exempted from this rule. Note: Criteria may vary for some local and/or regional tables. USD denominated 144A/REG S issues are credited 100% to the 144A tranche and 0% to the REG S tranche. Non-USD denominated 144A/REG S issues are credited 100% to the REG S tranche and 0% to the 144A tranche. Selfled transactions are included. New money portions of exchange offers are eligible for credit. Exclusions: Accredited investor tranches, asset-backed issues, auction note agencies, collateralized bond obligations, collateralized loan obligations, commercial paper, municipal bonds, mortgage-backed issues, remarketed issues, repackaged bonds, government borrowing scheme retained bonds, variable principal redemption issues, variable interest equity-linked issues, and credit linked notes, selling group agency issues, strips, units, warrants, self-led under USD 50 million. Note: Criteria may vary for some local and/or regional tables. Equities-Linked Equity-linked transactions: Convertible bonds, convertible preferred stock and exchangeable bonds. Only issues that mature and are callable/ puttable in 12 months or longer are included. Make-whole call, provisional call and provisional put are exempted from this rule. Convertible bonds with attached warrants are included. These are defined as synthetic convertibles with the combination of a fixed income instrument and warrants which can be converted into shares. The embedded warrant can be detachable or non-detachable but the bond and the warrant must be sold as a unit, i.e. there cannot be separate book building for the warrant and the bond. Exclusions: Redemption-linked instruments, reverse convertibles or similar instruments, synthetics convertibles, issues convertible into participation in an underlying fund or investment trust, pre-IPO convertible instruments, certain lower hierarchy titles, i.e. Jr Bookrunner. Equities Equity market transactions: Initial public offerings, additional offerings of common stocks, units, and depositary receipts (ADRs, GDRs, etc) and rights offerings. Exclusions: Non-underwritten/best efforts, privately placed transactions, funds, self-led, preferred offerings, pre-negotiated offerings, certain lower hierarchy titles, i.e. Jr Bookrunner. Note: Criteria may vary for some local and/or regional tables. Bloomberg L.P. reserves the right of final decision concerning league eligibility and requires adequate documentation for the same. Bloomberg L.P. and its suppliers believe the information herein was obtained from reliable sources, but they do not guarantee its accuracy. Neither the information nor the opinion expressed constitutes a solicitation of the purchase or sale of securities or commodities. Due to the dynamic nature of the Professional Service product, League Table rankings may vary between the quarterly/year-end publications and data found on the Bloomberg Professional Service.
17. Bloomberg – League Tables Criteria Loans Includes executed syndicated loans transactions. Full credit is awarded to the banks satisfying the highest of the titles. Full credit is awarded to the sole bookrunning manager or split equally among joint bookrunning managers. Credit is allocated to amended or amended and restated transactions, where each modification is 100% at the lender’s option and not as a result of events already built into the original credit agreement. Credit is awarded for the following structural changes only: maturity extensions of three months or more, incremental basis for increased in deal size, reduction in pricing, full release of security. Exclusions: Bilateral transactions, transactions with a maturity of less than three months, loans withdrawn prior to signing, amended or restated securitizations, receivable and guarantee facilities. US Municipals Standard published tables will award deal credit based on true economic credit as reported by the issuer or the bookrunner. In absence of reported economic credit, 100% will be assigned to the bookrunner. Dollar value of credit will be assigned based on the percentage allocation reported for economic credit (or designated by the user in a custom table) and applied against the total par value of the bonds issued. Zero coupon bonds (CABS) or intermediate appreciation bonds (convertible CABs) will be included at the market value (accreted value) on the interest accrual date. All debt issued by municipal issuers will be eligible for league credit. Taxable and tax-exempt debt is eligible for league credit unless a table includes specific tax type criteria. “Tax-exempt” is defined as federally tax-exempt and includes bonds subject to AMT and bonds designated as Bank Qualified. Each table is provided in three formats. “Economic Credit” displays rankings based on true economic credit allocations of applicable deals. “Left Lead” assigns 100% credit to the bookrunner and 0% to all other syndicate participants. “Deal Count” displays rankings based on deal quantity rather than aggregate economic credit amounts. A “deal” refers to the aggregate series within an issuance led by a particular underwriter or syndicate. For example: a $50 million issuance is split into three series- a $10 million Series A, a $20 million Series B, and a $20 million Series C. Bank 1 is the underwriter of Series A & B, while Bank 2 is the underwriter of Series C. Bank 1 would have one “deal” worth $30 million, and Bank 2 would have one “deal” worth $20 million. Exclusions: Derivatives, private placements, variable rate preferred securities, municipal commercial paper, and remarketings are excluded from municipal league table eligibility. The full version of Bloomberg’s League table Standards & Guidelines can be accessed and subscribed to on the Reports tab on LEAG<GO>. Bloomberg L.P. reserves the right of final decision concerning league eligibility and requires adequate documentation for the same. Bloomberg L.P. and its suppliers believe the information herein was obtained from reliable sources, but they do not guarantee its accuracy. Neither the information nor the opinion expressed constitutes a solicitation of the purchase or sale of securities or commodities. Due to the dynamic nature of the Professional Service product, League Table rankings may vary between the quarterly/year-end publications and data found on the Bloomberg Professional Service.