Rating action         MARC Ratings has affirmed its financial institution (FI) rating of A+ on MBSB Bank Berhad as well as it’s A+IS rating on the bank’s RM5.0 billion Sustainability Sukuk Wakalah Programme. The ratings outlook is stable.        Rationale      The ratings affirmation reflects MBSB Bank’s sound capitalisati...

Rating actionMARC Ratings has affirmed its financial institution (FI) rating of A+ on MBSB Bank Berhad and concurrently affirmed its A+IS rating on MBSB Bank’s RM5.0 billion Sukuk Wakalah programme. The ratings outlook is stable. RationaleMBSB Bank’s sound capitalisation levels and strong support from its ultimate shareholder Employees Provident Fund (EPF) remain key rating drivers. The r...

Rating action     MARC Ratings has assigned its financial institution (FI) rating of A+ to MBSB Bank Berhad and a final rating of A+IS to the bank’s Sustainability Sukuk Wakalah programme with a limit of RM5.0 billion. The ratings outlook is stable. Rationale     The assigned FI rating reflects MBSB Bank’s long track record in banking and financing, particula...