MARC has upgraded Bumiputra-Commerce Bank Berhad’s (BCB) Financial Institution rating to AA-/MARC-1 and its detachable coupons of the RM667 million nominal value Irredeemable Convertible Unsecured Loan Stocks (ICULS) rating to A+. The upgrades reflect the continued improvement in the last several years in the bank’s financial standing and overall asset quality. These improvements were achieved...

Bumiputra-Commerce Bank Berhad’s (BCB) Financial Institution rating has been affirmed at A+/MARC-1 and its detachable coupons of the RM667 million nominal value Irredeemable Convertible Unsecured Loan Stocks (ICULS) rating at A. The Financial Institution rating reflects the bank’s strong market position in Malaysia, moderated by its somewhat weaker market position in the higher yielding consum...

Bumiputra-Commerce Bank Berhad’s (BCB) Financial Institution rating has been affirmed at A+ (single A plus) / MARC-1 and its detachable coupons of the RM667 million nominal value Irredeemable Convertible Unsecured Loan Stocks (ICULS) rating at A (single A flat). The rating of the detachable coupons reflects their subordination while the Financial Institution rating reflects the bank’s strong m...

MARC has assigned a rating of A (Single A) to the Detachable Coupons of Bumiputra-Commerce Bank Berhad’s (BCB) RM667.0 million 10-year Irredeemable Convertible Unsecured Loan Stocks.The rating reflects the subordinated characteristic of the detachable coupons, which were rated below the Financial Institution rating of BCB. BCB’s Financial Institution rating of A+ (Single A plus) reflects the ...