Followers of the Malaysian securitization market will have noticed the fierce level of competition among foreign firms bidding for the country's key ABS mandates. Those paying close attention may also have noticed the recurring presence on these transactions of a local investment bank, Commerce International Merchant Bankers.

Having arranged roughly M$2.13 billion ($560.5 million) worth of issuance to date, Commerce International is the biggest player on the Malaysian ABS scene with a 21% market share, according to Rating Agency Malaysia. With volumes expected to top M$5 billion this year - an 80% increase from last year - CIMB seems sure to be involved in a good chunk of the action.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.