MARC has affirmed its AAA financial institutions rating on Bank Pembangunan Malaysia Berhad (BPMB).  In addition, MARC has also affirmed its MARC-1ID / MARC-1 programme ratings on BPMB’s up to RM2.0 billion Islamic and/or Conventional Commercial Papers (CP) Programme with a stable outlook.  The ratings continue to reflect support uplift from the Government of Malaysia on account of...

MARC has assigned its MARC-1ID/MARC-1 ratings to Bank Pembangunan Malaysia Berhad’s (BPMB) proposed Islamic Commercial Papers and/or Conventional Commercial Papers pursuant to the Commercial Papers Programme of up to RM2.0 billion in nominal value. At the same time, MARC has also affirmed BPMB’s financial institution rating of AAA. The rating outlook is stable. The ratings reflect BPMB...

MARC has affirmed its financial institution rating on Bank Pembangunan Malaysia Berhad (BPMB) at AAA with a stable outlook. The rating reflects BPMB’s status as a wholly government-owned development financial institution (DFI), held through the Minister of Finance Incorporated (99.99%) and the Federal Lands Commissioner (0.01%). The rating also considers BPMB’s long track record of man...

MARC has assigned a financial institution rating of AAA on Bank Pembangunan Malaysia Berhad (BPMB). The rating factors in BPMB’s established track record in financing infrastructure and maritime projects, its strong capitalisation, and most importantly, the strong regulatory and government support that it will very likely receive if needed. While MARC considers BPMB’s standalone credit...