Press Releases
Displaying 1-10 of 16 results.
Friday, Mar 17, 2023
MARC Ratings has withdrawn its insurer financial strength rating of AAA and counterparty credit ratings of AAA/MARC-1 on Danajamin Nasional Berhad. This follows the completion of the legal process to transfer Danajamin’s businesses and undertakings to Bank Pembangunan Malaysia Berhad effective March 1, 2023. Accordingly, bonds/sukuk rated by MARC Ratings that were guaranteed by Danajamin will ca...

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Wednesday, Oct 12, 2022
MARC Ratings has withdrawn its ratings of AAAIS/AA+IS on Danajamin Nasional Berhad’s (Danajamin) RM2.0 billion Senior and Subordinated Sukuk Murabahah programme. The ratings withdrawal follows the full redemption of the outstanding amount of RM500.0 million under the programme and the subsequent cancellation of the programme. This was confirmed by the facility agent on October 11, 2022.  &n...

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Thursday, Aug 18, 2022
MARC Ratings has affirmed its insurer financial strength (IFS) rating of AAA and counterparty credit ratings of AAA/MARC-1 on Danajamin Nasional Berhad (Danajamin). Concurrently, the rating agency has affirmed its ratings of AAAIS and AA+IS on the Senior and Subordinated Sukuk Murabahah of up to RM2.0 billion under its Sukuk Murabahah programme. Currently, there is an outstanding of RM500.0 millio...

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Friday, Jul 30, 2021
MARC has affirmed its insurer financial strength (IFS) rating of AAA and counterparty credit ratings of AAA/MARC-1 on Danajamin Nasional Berhad (Danajamin). Concurrently, the rating agency has affirmed its ratings of AAAIS and AA+IS on the Senior and Subordinated Sukuk Murabahah of up to RM2.0 billion under Danajamin’s Sukuk Murabahah programme. The outlook on all ratings is stable.The affirmed ...

This article has been viewed 515 times.
Friday, Jul 17, 2020
MARC has affirmed its insurer financial strength (IFS) rating of AAA and counterparty credit ratings of AAA/MARC-1 on Danajamin Nasional Berhad (Danajamin). Concurrently, the rating agency affirmed the ratings of AAAIS and AA+IS on the Senior and Subordinated Sukuk Murabahah of up to RM2.0 billion under Danajamin’s Sukuk Murabahah programme. The outlook on all ratings is stable.The IFS rating af...

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Wednesday, Jul 31, 2019
MARC has affirmed its ratings of AAAIS and AA+IS on Danajamin Nasional Berhad’s (Danajamin) Senior and Subordinated Sukuk Murabahah of up to RM2.0 billion under its Sukuk Murabahah programme. Concurrently, the rating agency has affirmed the insurer financial strength rating of AAA and counterparty credit ratings of AAA/MARC-1 on Danajamin. The outlook on all ratings is stable. The one-notch rat...

This article has been viewed 775 times.
Wednesday, Aug 08, 2018
MARC has affirmed its ratings of AAAIS and AA+IS on Danajamin Nasional Berhad’s (Danajamin) Senior and Subordinated Sukuk Murabahah of up to RM2.0 billion under its Sukuk Murabahah programme. Concurrently, the rating agency has affirmed its insurer financial strength rating of AAA and counterparty credit ratings of AAA/MARC-1 on Danajamin. The outlook on all ratings is stable. The key rati...

This article has been viewed 932 times.
Wednesday, Aug 23, 2017
MARC has assigned ratings of AAAIS and AA+IS to Danajamin Nasional Berhad’s (Danajamin) Senior and Subordinated Sukuk Murabahah respectively of up to RM2.0 billion under a proposed sukuk programme. Concurrently, MARC has affirmed its insurer financial strength rating of AAA and counterparty credit ratings of AAA/MARC-1 on Danajamin. The ratings carry a stable outlook. The ratings are drive...

This article has been viewed 960 times.
Thursday, Nov 17, 2016
MARC has affirmed its insurer financial strength rating of AAA on Danajamin Nasional Berhad (Danajamin). Concurrently, the rating agency has assigned long-term/short-term counterparty credit ratings of AAA/MARC-1 to Danajamin. The ratings carry a stable outlook. The ratings on Danajamin reflect its status as a government-sponsored and -owned financial guarantee insurer (FGI) that was set up...

This article has been viewed 1178 times.
Thursday, Nov 12, 2015
MARC has affirmed its AAA insurer financial strength (IFS) rating on Danajamin Nasional Berhad (Danajamin) with a stable outlook. The affirmed IFS rating is based on MARC’s assessment on the high probability of support from the Malaysian government to Danajamin. The assessment considers Danajamin’s status as a government-sponsored and -owned financial guarantee insurer (FGI) and its key role ...

This article has been viewed 1052 times.