Wednesday, Apr 11, 2018
MARC has withdrawn its MARC-1IS/MARC-1 ratings on Bank Pembangunan Malaysia Berhad’s Islamic/Conventional Commercial Papers (CP) programme of up to RM2.0 billion. The ratings carried a stable outlook. The ratings withdrawal follows the expiry of the CP programme on March 30, 2018.
MARC will however continue to provide its financial institution (FI) rating on Bank Pembangunan. The bank currently carries a FI rating of AAA/Stable.
Contacts:
Douglas De Alwis, +603-2717 2965/ douglas@marc.com.my;
Sharidan Salleh, +603-2717 2954/ sharidan@marc.com.my.