MARC has affirmed its financial institution (FI) rating of AAA on Small Medium Enterprise Development Bank Malaysia Berhad (SME Bank). The rating outlook is stable.The affirmed FI rating is premised on SME Bank’s status as a wholly government-owned development financial institution (DFI) with a mandate to develop small and medium enterprise (SME) in the country. Held through the M...

MARC has assigned a financial institution (FI) rating of AAA to Small Medium Enterprise Development Bank Malaysia Berhad (SME Bank) with a stable outlook. The AAA rating primarily reflects SME Bank’s status as a development financial institution (DFI) that has received support from the government for its mandated role to assist in the growth of small and medium e...