MARC has affirmed its ratings of MARC-1/AA on Hong Leong Financial Group Berhad's (HLFG) RM1.8 billion Commercial Papers and Medium-Term Notes (CP/MTN) programmes. The outlook has been revised to positive from stable. HLFG’s credit strength is driven by its key subsidiary, Hong Leong Bank Berhad (HLB), given that the bank continued to account for a significant portion of the group’s cons...

MARC has affirmed its MARC-1/AA ratings on Hong Leong Financial Group Berhad's (HLFG) RM1.8 billion Commercial Paper and Medium-Term Notes (CP/MTN) programme with a stable outlook. HLFG is a non-operating financial holding company where its 64.4%-owned Hong Leong Bank Bhd (HLB) continued to account for a significant portion of the group’s consolidated total assets and profitability. HLFG’s ra...

MARC has affirmed its MARC-1/AA ratings on Hong Leong Financial Group Berhad's (HLFG) RM1.8 billion Commercial Paper and Medium-Term Notes (CP/MTN) programme with a stable outlook. HLFG is a non-operating financial holding company whose subsidiaries are mainly involved in banking (Hong Leong Bank Bhd), insurance (under HLA Holdings Sdn Bhd) and investment banking (under Hong Leong Capital Berhad)...

MARC has affirmed its MARC-1/AA ratings on non-operating financial holding company Hong Leong Financial Group Berhad's (HLFG) RM1.8 billion Commercial Paper and Medium-Term Notes (CP/MTN) programme with a stable outlook. The affirmed ratings are underpinned by the favourable financial strength and established domestic market position of HLFG’s key subsidiary, commercial bank Hong Leong Bank ...

MARC has affirmed its MARC-1/AA ratings on Hong Leong Financial Group Berhad's (HLFG) RM1.8 billion Commercial Paper and Medium Term Notes (CP/MTN) programme with a stable outlook. HLFG is the non-operating holding company of a financial services group which holds the fifth largest domestic commercial bank, a leading domestic life insurer and a mid-tier investment bank.The ratings continue to refl...

MARC has affirmed its MARC-1/AA ratings on Hong Leong Financial Group Berhad’s (HLFG) RM1.8 billion Commercial Paper and Medium Term Notes (CP/MTN) programme with a stable outlook. The ratings are based on the improved domestic market position and core earnings capacity of its commercial banking subsidiary, Hong Leong Bank Berhad (HLB), after the completion of the bank’s merger with EO...

MARC has assigned its MARC-1/AA ratings to Hong Leong Financial Group Berhad’s (HLFG) proposed Commercial Paper and Medium Term Notes programmes with a combined limit of RM1.8 billion. At the same time, MARC has also affirmed the ratings on HLFG’s RM800 million Commercial Paper and Medium Term Notes Programme (CP/MTN) at MARC-1/AA. The rating outlook for the long-term rating is stable....

MARC has upgraded the rating on Hong Leong Financial Group Berhad’s (HLFG) RM800 million Commercial Paper and Medium Term Notes Programme (CP/MTN) to AA/MARC-1 from AA-/MARC-1. The rating upgrade incorporates the demonstrated ability of its main banking subsidiary, Hong Leong Bank Berhad (HLB) to generate solid earnings through the recent challenging period, the sound financial and oper...

MARC has affirmed the ratings on Hong Leong Financial Group Berhad’s (HLFG) RM800 million Commercial Paper and Medium Term Notes Programme (CP/MTN) (2007 to 2014) and RM300 million CP/MTN (2002 to 2009) at AA-/MARC-1. The affirmed ratings continue to reflect the group’s successful banking and insurance franchises, the consistent and resilient earnings performance of its principal banki...

MARC has upgraded the ratings on Hong Leong Financial Group Berhad’s (HLFG) RM800 million commercial papers and medium term notes (CP/MTN) facilities [2007 to 2014], and RM300 million CP/MTN facilities [2002 to 2009] to AA-/MARC-1 from A+/MARC-1. The ratings outlook is stable. The upgrade reflects the consistent and improving profitability of the financial services group which has allowed HL...