Press Releases - Category: Finance
Displaying 91-100 of 395 results.
Wednesday, Nov 09, 2016
MARC has affirmed Kuwait Finance House (Malaysia) Berhad's (KFH Malaysia) long-term and short-term financial institution (FI) ratings of AA+/MARC-1. The outlook on the ratings is stable. KFH Malaysia is a wholly-owned subsidiary of Kuwait Finance House K.S.C. (KFH) on which MARC maintains FI ratings of AAA/MARC-1/stable based on publicly available information. KFH Malaysia’s FI rating of A...

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Friday, Oct 21, 2016
MARC has affirmed Malayan Banking Berhad’s (Maybank) financial institution and RM10.0 billion Senior Medium-Term Note (MTN) programme ratings at AAA/MARC-1 and AAA respectively. The outlook on the ratings is stable. The ratings incorporate Maybank’s very strong market position as the largest domestic bank underpinned by a well-established banking franchise as well as its strong capitalisation...

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Monday, Oct 17, 2016
MARC has affirmed the long-term and short-term financial institution ratings of AA-/MARC-1 on KAF Investment Bank Berhad (KAF Investment). The outlook on the ratings is stable. The ratings are mainly driven by the investment bank’s strong capital position, healthy liquidity levels and prudent investment policy. The ratings are moderated by KAF Investment’s susceptibility to domestic capital m...

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Monday, Oct 10, 2016
MARC has affirmed Maybank Islamic Berhad’s (Maybank Islamic) long-term and short-term financial institution (FI) ratings of AAA and MARC-1 respectively with a stable outlook. The long-term rating of Maybank Islamic is equalised with the rating of its parent Malayan Banking Berhad (Maybank) on the basis of the former’s significance as Maybank’s Islamic banking arm and its contribution to gro...

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Tuesday, Aug 23, 2016
MARC has affirmed its MARC-1/AA ratings on Hong Leong Financial Group Berhad's (HLFG) RM1.8 billion Commercial Paper and Medium-Term Notes (CP/MTN) programme with a stable outlook. HLFG is a non-operating financial holding company where its 64.4%-owned Hong Leong Bank Bhd (HLB) continued to account for a significant portion of the group’s consolidated total assets and profitability. HLFG’s ra...

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Friday, Aug 19, 2016
MARC has affirmed its AAA financial institution (FI) rating on Bank Pembangunan Malaysia Berhad (Bank Pembangunan). Concurrently, the rating agency affirmed its MARC-1IS/MARC-1 programme ratings on the bank’s Islamic/Conventional Commercial Papers (CP) Programme of up to RM2.0 billion. The ratings carry a stable outlook. The affirmed FI rating is based on MARC’s assessment of high govern...

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Friday, Aug 19, 2016
MARC has affirmed the long-term and short-term financial institution (FI) ratings of AA-/MARC-1 on Hong Leong Investment Bank Berhad (HLIB). The outlook on the ratings is stable. The ratings reflect HLIB's steady business and credit profile which are underpinned by its position as the capital market arm of Hong Leong Financial Group Berhad (HLFG), one of Malaysia’s largest financial servic...

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Friday, Jun 17, 2016
MARC has assigned a final rating of AAAIS to Islamic Development Bank’s (IsDB) proposed Sukuk Wakalah (Sukuk) issuance of up to RM400.0 million by Tadamun Services Berhad (Tadamun), a trust established by IsDB for the purpose of issuing the sukuk. The outlook on the rating is stable. Upon review of the final documentation of the issuance, MARC is satisfied that the terms and conditions of ...

This article has been viewed 580 times.
Thursday, Jun 16, 2016
MARC has assigned long-term and short-term financial institution (FI) ratings of AAA and MARC-1 respectively to the Islamic Development Bank (IsDB). The ratings are on the Malaysian national scale. Concurrently, the rating agency has assigned a preliminary rating of AAAIS to the proposed Sukuk Wakalah (Sukuk) issuance of up to RM400 million by Tadamun Services Berhad (Tadamun), a trust establishe...

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Wednesday, Apr 06, 2016
MARC has withdrawn its AA+IS rating on Maybank Islamic Berhad’s (Maybank Islamic) RM1.0 billion Islamic Subordinated Sukuk (Subordinated Sukuk). The rating withdrawal follows the full redemption and cancellation of the Subordinated Sukuk on March 31, 2016 as confirmed by the facility agent. MARC continues to maintain its financial institution ratings on Maybank Islamic at AAA/MARC-1/Stab...

This article has been viewed 578 times.