MARC has withdrawn its financial institution ratings of AAA/MARC-1 on The Bank of East Asia, Limited. The ratings carried a stable outlook.

The ratings withdrawal is at the request of the bank. Upon the withdrawal, MARC will no longer provide analytical coverage on the bank.

Contacts:
Lee Kar Xuan, +603-2717 2964/ karxuan@marc.com.my;
Sharidan Salleh, +603-2717 2954/ sharidan@marc.com.my