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RETAIL BANKING, WHOLESALE BANKING | Staff Reporter, Singapore
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Asian Banking and Finance Awards 2018 recognises record number of outstanding companies

Over 250 trophies were awarded to winning banks and insurers.

Over 200 outstanding banks and insurance companies from nearly 40 countries were recognised at the 2018 Retail Banking Awards, Wholesale Banking Awards, Corporate & Investment Banking Awards, and Insurance Asia Awards held at the Shangri-La Singapore on 13 July. The event beat last year’s record after gathering more than 330 executives and guests in one roof.

This year’s nominations were judged by representatives from the Big Four accounting firms: Mohit Mehrotra, regional head of financial services, strategy & operation at Deloitte; Liew Nam Soon, ASEAN managing partner at Ernst and Young; Egidio Zarrella, ASPAC head of banking and capital markets, KPMG; and Andrew Taggart, partner, financial services leader, PwC Southeast Asia Consulting.

“Whilst the rest of the world is occupied with the World Cup, tonight is a night to recognise banks who are well deserving of their recognition. I'd also like to thank the judges for the ABF and IA Awards" said Tim Charlton, publisher of Asian Banking and Finance and Insurance Asia magazines. 

Below is a list of all the winning companies. Congratulations!

INSURANCE ASIA AWARDS 2018 WINNERS

Aetna International 

  • General Insurer of the Year- Singapore

Afghan Global Insurance 

  • Domestic General Insurer of the Year- Afghanistan

AIA Thailand

  • International Life Insurer of the Year- Thailand
  • CSR Initiative of the Year- Thailand

AIA Singapore

  • Domestic Life Insurer of the Year- Singapore

Alliance Insurance P.S.C

  • New Insurance Product of the Year- United Arab Emirates

​Nishit Majmudar, ​Aviva Ltd

  • CEO of the Year

​​AXA Affin General Insurance Berhad

  • International General Insurer of the Year- Malaysia
  • New Insurance Product of the Year- Malaysia
  • Claims Initiative of the Year- Malaysia

AXA Life Insurance Co., Ltd.

  • CSR Initiative of the Year- Japan

AXA Tianping P&C Insurance Co., Ltd.

  • Digital Insurance Initiative of the Year- China

Azerbaijan İndustrial İnsurance OJSC

  • Domestic General Insurer of the Year- Azerbaijan

AXA Financial Indonesia

  • Digital Insurance Initiative of the Year - Indonesia

Krungthai-AXA Life Insurance Public Company Limited

  • Digital Insurance Initiative of the Year- Thailand

AYA Myanmar Insurance

  • Digital Insurance Initiative of the Year- Myanmar

Cathay Life Insurance

  • CSR Initiative of the Year- Taiwan

​Chubb Life Vietnam

  • New Insurance Product of the Year- Vietnam
  • International Life Insurer of the Year- Vietnam

CPIC Allianz Health Insurance Co., Ltd.

  • Domestic General Insurer of the Year - China

DOT INSURANCE SERVICES

  • Domestic Broker of the Year - Oman

Etiqa Insurance Pte. Ltd.

  • Marketing Initiative of the Year- Singapore

Expat Insurance Pte Ltd

  • Domestic Broker of the Year- Singapore

Forte Insurance (Cambodia) Plc.

  • Domestic General Insurer of the Year- Cambodia

Future Generali India Insurance Company Limited

  • Claims Initiative of the Year- India

​​FWD Life Insurance Corporation

  • Digital Insurance Initiative of the Year- Philippines
  • Marketing Initiative of the Year- Philippines

FWD Vietnam Life Insurance Company Limited

  • Marketing Initiative of the Year- Vietnam

Guardian Life Insurance Limited

  • Domestic Life Insurer of the Year- Bangladesh
  • Claims Initiative of the Year- Bangladesh
  • Digital Insurance Initiative of the Year- Bangladesh

Hong Leong Assurance

  • Domestic Life Insurer of the Year- Malaysia

IKBZ Insurance

  • Domestic General Insurer of the Year- Myanmar
  • Domestic Life Insurer of the Year- Myanmar

Kyobo Lifeplanet Life

  • New Insurance Product of the Year- South Korea

Lloyd's Insurance Company (China) Ltd.

  • CSR Initiative of the Year- China

MB Ageas Life 

  • Insurance Start-up of the Year- Vietnam

MetLife Limited

  • Digital Insurance Initiative of the Year- Hong Kong
  • Marketing Initiative of the Year- Hong Kong
  • Insurance Initiative of the Year- Hong Kong

MSIG Insurance (Singapore) Pte. Ltd.

  • New Insurance Product of the Year- Singapore
  • Claims Initiative of the Year- Singapore

Muang Thai Life Assurance PCL

  • New Insurance Product of the Year- Thailand

Oman Insurance Company

  • Insurance Initiative of the Year- Oman

Peak Reinsurance Company Limited

  • Asian Reinsurer of the Year

PolicyPal

  • Digital Insurance Initiative of the Year- Singapore

Post and Telecommunication Joint Stock Insurance Corporation (PTI)

  • CSR Initiative of the Year - Vietnam

PRU LIFE UK

  • CSR Initiative of the Year- Philippines

PT Asuransi Jiwa Manulife Indonesia

  • New Insurance Product of the Year- Indonesia

Reliance General Insurance

  • Domestic General Insurer of the Year- India

Reliance Nippon Life Insurance Company Limited

  • Domestic Life Insurer of the Year- India
  • Digital Insurance Initiative of the Year- India

Singapore Life

  • Insurance Start-up of the Year- Singapore

​Sompo Japan Insurance Turkey

  • Digital Insurance Initiative of the Year- Turkey

Sompo Japan Nipponkoa Insurance Inc

  • New Insurance Product of the Year- Japan
  • Digital Insurance Initiative of the Year- Japan

Sun Life Vietnam Insurance Company Limited

  • Domestic Life Insurer of the Year- Vietnam

TAIWAN LIFE INSURANCE CO., LTD

  • Digital Insurance Initiative of the Year- Taiwan
  • New Insurance Product of the Year- Taiwan
  • Claims Initiative of the Year- Taiwan

​The Insular Life Assurance Company, Ltd.

  • Domestic Life Insurer of the Year- Philippines

Tokio Marine & Nichido Fire Insurance Co., Ltd.

  • Marketing Initiative of the Year- Japan
  • Insurance Initiative of the Year- Japan

​Transamerica Life (Bermuda) Ltd.

  • New Insurance Product of the Year- Hong Kong
  • International Life Insurer of the Year- Hong Kong

Anicom Holdings, Inc.

  • Domestic Pet Insurer of the Year

WHOLESALE BANKING AWARDS 2018 WINNERS

Abu Dhabi Commercial Bank

  • UAE Domestic Trade Finance Bank of the Year

Ardshinbank CJSC 

  • Armenia Domestic Trade Finance Bank of the Year
  • Armenia Domestic Project Finance Bank of the Year  

AtaBank OJSC

  • Azerbaijan Domestic Technology & Operations Bank of the Year 

Babylon Bank

  • Iraq Domestic Technology & Operations Bank of the Year

Bangkok Bank

  • Thailand Domestic Trade Finance Bank of the Year

Bank of Ayudhya Public Company Limited (Krungsri)

  • Thailand Domestic Technology & Operations Bank of the Year

Bank of China (Hong Kong) LImited

  • Hong Kong Domestic Cash Management Bank of the Year

Bank Saderat Tashkent 

  • Uzbekistan Domestic Cash Management Bank of the Year 

Bank Sinopac

  • Taiwan Domestic Technology & Operations Bank of the Year

BDO Unibank

  • Philippines Domestic Cash Management Bank of the Year
  • Philippines Domestic Trade Finance Bank of the Year

Bhutan National Bank Limited

  • Bhutan Domestic Technology & Operations Bank of the Year 

BPI Capital Corporation 

  • Philippines Domestic Project Finance Bank of the Year

CATHAY UNITED BANK

  • Domestic Cash Management Bank of the Year - Taiwan
  • Domestic Trade Finance Bank of the Year - Taiwan

CB BANK (Co-operative Bank Ltd.)

  • Myanmar Domestic Cash Management Bank of the Year

Commercial Bank of Ceylon PLC

  • Sri Lanka Domestic Trade Finance Bank of the Year
  • Sri Lanka Domestic Technology & Operations Bank of the Year
  • Sri Lanka Domestic Foreign Exchange Bank of the Year

CTBC Bank

  • Taiwan Domestic Foreign Exchange Bank of the Year 

DBS Bank

  • Singapore Domestic Technology & Operations Bank of the Year

Doha Bank

  • Qatar Domestic Trade Finance Bank of the Year

Emirates NBD

  • UAE Domestic Cash Management Bank of the Year

Hang Seng Bank Limited

  • Hong Kong Domestic Trade Finance Bank of the Year
  • Hong Kong Domestic Technology & Operations Bank of the Year

ICICI Bank Limited

  • India Domestic Cash Management Bank of the Year

Joint Stock Commercial Bank for Investment and Development of Viet Nam

  • Vietnam Domestic Foreign Exchange Bank of the Year

Joint-stock commercial bank "Agrobank"

  • Uzbekistan Domestic Technology & Operations Bank of the Year 

KASIKORNBAN PCL.

  • Thailand Domestic Cash Management Bank of the Year

KBZ BANK

  • Myanmar Domestic Trade Finance Bank of the Year

LAO VIET JOINT VENTURE BANK

  • Laos Domestic Technology & Operations Bank of the Year

Maybank

  • Malaysia Domestic Cash Management Bank of the Year

Maybank Investment Bank

  • Malaysia Domestic Project Finance Bank of the Year

National Development Bank PLC

  • Sri Lanka Domestic Project Finance Bank of the Year

OJSC Bank Eskhata

  • Tajikistan Domestic Trade Finance Bank Of The Year

PT Bank OCBC NISP Tbk.

  • Indonesia Domestic Technology & Operations Bank of the Year
  • Indonesia Domestic Foreign Exchange Bank of the Year

PT Bank Mandiri (Persero) Tbk

  • Indonesia Domestic Trade Finance Bank of the Year
  • Indonesia Domestic Cash Management Bank of the Year

RHB Bank Berhad 

  • Malaysia Domestic Foreign Exchange Bank of the Year 
  • Malaysia Domestic Trade Finance Bank of the Year 
  • Malaysia Domestic Technology & Operations Bank of the Year

Saigon-Hanoi Commercial Joint Stock Bank

  • Vietnam Domestic Project Finance Bank of the Year 

Security Bank Corporation, Philippines

  • Philippines Domestic Technology & Operations Bank of the Year

Standard Chartered Bank India

  • India International Trade Finance Bank of the Year
  • India International Technology & Operations Bank of the Year

Techcombank

  • Vietnam Domestic Cash Management Bank of the Year
  • Vietnam Domestic Trade Finance Bank of the Year 

TURK EKONOMİ BANKASI (TEB)

  • Turkey Domestic Cash Management Bank of the Year 

UNITED OVERSEAS BANK (MALAYSIA) BERHAD 

  • Malaysia International Cash Management Bank of the Year

Westpac Institutional Bank

  • Australia Domestic Trade Finance Bank of the Year

YES BANK

  • India Domestic Trade Finance Bank of the Year
  • India Domestic Technology & Operations Bank of the Year

RETAIL BANKING AWARDS 2018 WINNERS 

Alliance Bank Malaysia Berhad

  • Financial Inclusion Initiative of the Year - Malaysia

Azizi Bank

  • Domestic Retail Bank of the Year - Afghanistan

Baiduri Bank Berhad

  • Credit Card Initiative of the Year - Brunei
  • Domestic Retail Bank of the Year - Brunei

Bank Asia Limited

  • Financial Inclusion Initiative of the Year - Bangladesh

Bank Audi

  • Domestic Retail Bank of the Year - Lebanon
  • Financial Inclusion Initiative of the Year - Lebanon

PT Bank Commonwealth Indonesia

  • Social Media Initiative of the Year - Indonesia
  • Wealth Management Platform of the Year - Indonesia

Bank of Ayudhya Public Company Limited

  • Mortgage and Home Loan Product of the Year - Thailand

Bank of Ayudhya - Krungsri Auto

  • Open Banking Initiative of the Year - Thailand
  • Automobile Lending Initiative of the Year -Thailand

Bank of China (Hong Kong) Limited

  • Digital Banking Initiative of the Year - Hong Kong
  • Mobile Banking Initiative of the Year - Hong Kong
  • Service Innovation of the Year - Hong Kong
  • Gold and Precious Metals Bank of the Year - Hong Kong

Bank of Guam

  • Corporate Social Responsibility Program of the Year - Silver

​Bank of the Philippine Islands (BPI)

  • Domestic Retail Bank of the Year - Philippines

Banque Pour Le Commerce Exterieur Lao Public (BCEL)

  • Financial Inclusion Initiative of the Year - Laos
  • Mobile Banking Initiative of the Year - Laos

BDO Unibank

  • Corporate Social Responsibility Program of the Year - Gold

Bank for Investment and Development of Vietnam JSC. (BIDV)

  • SME Bank of the Year - Vietnam

Cambodian Public Bank Plc.

  • Domestic Retail Bank of the Year - Cambodia

Citibank Singapore Limited

  • Credit Card Initiative of the Year - Singapore
  • International Retail Bank of the Year - Asia Pacific
  • Social Media Initiative of the Year - Singapore

Citibank India

  • Debit Card Initiative of the Year - India

Citibank N.A., Indonesia

  • Digital Banking Initiative of the Year - Indonesia

Citibank (Hong Kong) Limited

  • Wealth Management Platform of the Year - Hong Kong

CB Bank

  • Domestic Retail Bank of the Year - Myanmar

Commercial Bank of Ceylon PLC

  • Automobile Lending Initiative of the Year - Sri Lanka

DBS Bank (Taiwan)

  • Advertising Campaign of the Year - Taiwan
  • Employer Award of the Year - Gold

DBS Bank

  • Domestic Retail Bank of the Year - Singapore
  • Wealth Management Platform of the Year - Singapore
  • Open Banking Initiative of the Year - Singapore
  • Service Innovation of the Year - Singapore

HDFC Bank Limited

  • Service Innovation of the Year - India
  • Branch Innovation of the Year - Gold

Hong Leong Finance Ltd.

  • ASEAN Finance Company of the Year
  • Mortgage and Home Loan Product of the Year - Singapore

HSBC Bank (Singapore) Limited

  • Advertising Campaign of the Year - Singapore

HSBC Sri Lanka

  • Advertising Campaign of the Year - Sri Lanka

HSBC Bank Australia Ltd

  • Debit Card Initiative of the Year - Australia

HSBC Bank (China) Company Limited

  • International Retail Bank of the Year - China
  • Wealth Management Platform of the Year - China

The Hong Kong and Shanghai Banking Corporation Limited, India

  • Corporate Social Responsibility Program of the Year - Bronze

ICICI Bank

  • Online Banking Initiative of the Year - India
  • Website of the Year - India
  • Credit Card Initiative of the Year - India

Islamic Finance and Investment Limited

  • Finance Company of the Year - Bangladesh

Joint Stock Commercial Bank for Foreign Trade of Vietnam

  • Mobile Banking Initiative of the Year - Vietnam

Kazkommertsbank (Qazkom) 

  • Digital Banking Initiative of the Year - Kazakhstan
  • Mobile Banking Initiative of the Year - Kazakhstan

KASIKORNBANK PCL.

  • Credit Card Initiative of the Year - Thailand
  • Financial Inclusion Initiative of the Year - Thailand
  • Domestic Retail Bank of the Year - Thailand

KBZ Bank

  • Mobile Banking Initiative of the Year - Myanmar

Maritime Bank (MSB)

  • Mid-sized Domestic Retail Bank of the Year - Vietnam

Maybank

  • Domestic Retail Bank of the Year - Malaysia
  • Mobile Banking Initiative of the Year - Malaysia
  • Open Banking Initiative of the Year - Malaysia
  • Online Banking Initiative of the Year - Malaysia

Maybank Singapore

  • New Consumer Lending Product of the Year - Singapore

Maybank Investment Bank Berhad

  • Online Securities Platform of the Year - Malaysia

MUTHOOT MICROFIN LIMITED

  • Finance Company of the Year - India

National Bank of Pakistan

  • Consumer Finance Product of the Year - Pakistan
  • Rural Bank of the Year - Pakistan

National Development Bank PLC

  • Domestic Retail Bank of the Year - Sri Lanka
  • Financial Inclusion Initiative of the Year - Sri Lanka
  • SME Bank of the Year - Sri Lanka

OCBC Bank

  • ASEAN SME Bank of the Year 

OCBC Malaysia

  • SME Bank of the Year - Malaysia

OCBC NISP

  • SME Bank of the Year - Indonesia

PT Bank OCBC NISP Tbk

  • International Retail Bank of the Year - Indonesia
  • Mobile Banking Initiative of the Year - Indonesia

OJSC Optima Bank

  • Mobile Banking Initiative of the Year - Kyrgyzstan

Ping An Bank

  • Domestic Retail Bank of the Year - China
  • Gold and Precious Metals Bank of the Year - China

PNB Savings Bank

  • Consumer Finance Product of the Year - Philippines
  • Service Innovation of the Year - Philippines

Phongsavanh Bank Limited

  • Mid-sized Domestic Retail Bank of the Year - Laos

PrimeCredit Limited

  • Finance Company of the Year - Hong Kong

RAKBANK

  • Advertising Campaign of the Year - UAE
  • Digital Banking Initiative of the Year - UAE
  • Service Innovation of the Year - UAE

RHB BANK BERHAD

  • Digital Banking Initiative of the Year - Malaysia

Saigon-Hanoi Commercial Joint Stock Bank

  • Financial Inclusion Initiative of the Year - Vietnam

South East Asia Commercial Joint Stock Bank

  • Credit Card Initiative of the Year - Vietnam

Security Bank Corporation

  • Advertising Campaign of the Year - Philippines
  • Financial Inclusion Initiative of the Year - Philippines
  • Mobile Banking Initiative of the Year - Philippines

Siam Commercial Bank

  • Branch Innovation of the Year - Silver
  • Service Innovation of the Year - Thailand

Sovcombank

  • Consumer Finance Product of the Year - Russia

Standard Chartered Bank (Hong Kong)

  • Credit Card Initiative of the Year - Hong Kong
  • International Retail Bank of the Year - Hong Kong
  • Advertising Campaign of the Year - Hong Kong

Standard Chartered Bank India

  • Digital Banking Initiative of the Year - India

State Bank of India

  • Mobile Banking Initiative of the Year - India

Taishin Bank

  • Credit Card Initiative of the Year - Taiwan
  • Branch Innovation of the Year - Bronze
  • Domestic Retail Bank of the Year - Taiwan
  • Mobile Banking Initiative of the Year - Taiwan
  • New Consumer Lending Product of the Year - Taiwan
  • Digital Banking Initiative of the Year - Taiwan

The Saudi British Bank (SABB)

  • Advertising Campaign of the Year - Saudi Arabia
  • Domestic Retail Bank of the Year - Saudi Arabia

TMB Bank Public Company Limited

  • Mobile Banking Initiative of the Year - Thailand
  • Wealth Management Platform of the Year - Thailand

Turk Ekonomi Bankasi

  • Digital Banking Initiative of the Year - Turkey

Union Bank of the Philippines

  • Online Banking Initiative of the Year - Philippines
  • Digital Banking Initiative of the Year - Philippines

UOB

  • Debit Card Initiative of the Year - Singapore
  • Financial Inclusion Initiative of the Year - Singapore
  • Mobile Banking Initiative of the Year - Singapore

UOB Vietnam 

  • Online Banking Initiative of the Year - Vietnam

UOB Indonesia

  • Employer Award of the Year - SIlver

YES BANK

  • Mortgage and Home Loan Product of the Year - India
  • SME Bank of the Year - India

CORPORATE & INVESTMENT BANKING AWARDS 2018 WINNERS

Bank for Investment and Development of Vietnam JSC (BIDV) 

  • Corporate Client Initiative of the Year- Vietnam

Bank of Ayudhya PCL (Krungsri)

  • Corporate Client Initiative of the Year- Thailand

BDO Capital & Investment Corporation

  • Corporate & Investment Bank of the Year- Philippines
  • Equity Deal of the Year- Philippines
  • Syndicated Loan of the Year- Philippines

BPI Capital Corporation

  • Debt Deal of the Year - Philippines

Cathay United Bank Co., Ltd

  • Syndicated Loan of the Year- Taiwan

China International Capital Corporation Limited

  • Corporate & Investment Bank of the Year- China

CIMB Investment Bank

  • Corporate & Investment Bank of the Year- Malaysia
  • Debt Deal of the Year- Malaysia

CTBC Bank

  • Debt Deal of the Year- Taiwan

DBS Bank

  • Syndicated Loan of the Year- Singapore
  • Equity Deal of the Year- Singapore

GIB Capital

  • Mergers and Acquisitions Deal of the Year- Saudi Arabia

Habib Bank Limited

  • Corporate & Investment Bank of the Year- Pakistan
  • Mergers and Acquisitions Deal of the Year- Pakistan
  • Debt Deal of the Year- Pakistan

ICICI Bank Limited

  • Corporate Client Initiative of the Year- India

JOINT DEVELOPMENT BANK

  • Corporate & Investment Bank of the Year- Laos

Joint stock commercial bank Agrobank

  • Corporate & Investment Bank of the Year- Uzbekistan

​Maybank Investment Bank

  • Equity Deal of the Year- Malaysia
  • ​Mergers and Acquisitions Deal of the Year- Malaysia

Meezan Bank Limited

  • Syndicated Loan of the Year- Pakistan

National Australia Bank

  • Debt Deal of the Year- Australia
  • Equity Deal of the Year- Australia

National Development Bank PLC

  • Debt Deal of the Year- Sri Lanka
  • Syndicated Loan of the Year- Sri Lanka
  • Corporate Client Initiative of the Year- Sri Lanka

OJSC Bank Eskhata

  • Corporate & Investment Bank of the Year- Tajikistan

SB Capital Investment Corporation

  • IPO Deal of the Year - Philippines

Siam Commercial Bank

  • Corporate & Investment Bank of the Year- Thailand
  • Debt Deal of the Year- Thailand
  • Equity Deal of the Year- Thailand

UOB

  • Mergers and Acquisitions Deal of the Year- Singapore
  • Debt Deal of the Year- Singapore

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