MARC has affirmed its AA-/MARC-1 financial institution (FI) ratings on Hong Leong Investment Bank Berhad (HLIB) with stable outlook. The affirmed ratings and outlook take into account the improving diversity within HLIB’s income stream with higher contribution from its expanded investment banking operations, its established mid-sized retail stockbroking business and adequate capitalisation l...

MARC has assigned its AA-/MARC-1 financial institution ratings on Hong Leong Investment Bank Berhad (HLIB) with a stable outlook. HLIB’s standalone credit profile is commensurate with A+/MARC-1 ratings, reflecting its emerging position as a mid-tier investment bank with established stockbroking operations, good profitability and its potential to leverage on broader Hong Leong Group relations...