MARC Ratings has affirmed its financial institution rating of AAA on Bank Pembangunan Malaysia Berhad (BPMB). The rating agency has concurrently affirmed its AAAIS rating on BPMB’s RM5.0 billion Islamic Medium-Term Notes Programme. The outlook on both ratings is stable. The affirmed ratings continue to incorporate MARC Ratings’ expectations of a high probability of government support prem...

MARC Ratings has affirmed its financial institution (FI) rating of AAA on Bank Pembangunan Malaysia Berhad (BPMB). Concurrently, the rating agency has affirmed its rating of AAAIS on the bank’s Islamic Medium Term-Notes Programme of up to RM5.0 billion. The ratings outlook is stable.BPMB’s status as a wholly government-owned institution mandated to provide financing to priority sectors in supp...

MARC has affirmed Bank Pembangunan Malaysia Berhad’s (Bank Pembangunan) financial institution (FI) rating of AAA and accordingly the issue rating on the development financial institution’s (DFI) RM5.0 billion Islamic Medium-Term Notes (IMTN) Programme at AAAIS. The outlook on all ratings is stable. The ratings affirmation factors in Bank Pembangunan’s status as a wholly government-owned...

MARC views the acquisition of Danajamin Nasional Berhad (Danajamin) by Bank Pembangunan Malaysia Berhad (Bank Pembangunan) does not have immediate rating implications on both entities. The rating agency currently rates both entities at AAA with a stable outlook.  Bank Pembangunan will acquire 50% of Danajamin’s shares from Credit Guarantee Corporation Malaysia Berhad (CGC) and the rema...

MARC has assigned its rating of AAAIS to Bank Pembangunan Malaysia Berhad’s (Bank Pembangunan) RM5.0 billion Islamic Medium-Term Notes Programme. Concurrently, the rating agency has affirmed Bank Pembangunan’s financial institution (FI) rating at AAA. The ratings carry a stable outlook.Bank Pembangunan’s status as a wholly government-owned development financial institution (DFI) and its key ...

MARC has assigned a preliminary rating of AAA on Bank Pembangunan Malaysia Berhad’s proposed RM5.0 billion Islamic Medium-Term Notes Programme (IMTN Programme). Concurrently, the rating agency has affirmed its financial institution (FI) rating of AAA on Bank Pembangunan. The ratings outlook is stable.The FI rating and outlook are mainly premised on Bank Pembangunan’s status as a wholly governm...

MARC has affirmed its AAA financial institution (FI) rating on Bank Pembangunan Malaysia Berhad (Bank Pembangunan). The rating carries a stable outlook. The FI rating is solely premised on Bank Pembangunan’s status as a wholly government-owned development financial institution (DFI) which was incorporated to extend loans and financial support to specific industries promoted by the governme...

MARC has withdrawn its MARC-1IS/MARC-1 ratings on Bank Pembangunan Malaysia Berhad’s Islamic/Conventional Commercial Papers (CP) programme of up to RM2.0 billion. The ratings carried a stable outlook. The ratings withdrawal follows the expiry of the CP programme on March 30, 2018. MARC will however continue to provide its financial institution (FI) rating on Bank Pembangunan. The bank curr...

MARC has affirmed its AAA financial institution (FI) rating on Bank Pembangunan Malaysia Berhad (Bank Pembangunan). Concurrently, its ratings on the bank’s Islamic/Conventional Commercial Papers (CP) Programme of up to RM2.0 billion were affirmed at MARC-1IS/MARC-1. The ratings carry a stable outlook. The affirmed FI rating is premised on Bank Pembangunan’s status as a wholly government-...

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...