Press Releases
Displaying 1-10 of 19 results.
Tuesday, Aug 25, 2020
MARC has affirmed its long-term and short-term corporate credit ratings of AA+/MARC-1 on CIMB Group Holdings Berhad (CIMB Group) and its issue rating of AA on the group’s RM10.0 billion Basel III-compliant Tier 2 Subordinated Debt Programme. The ratings outlook is stable. CIMB Group is a non-operating financial holding company whose key operating entities domestically are CIMB Bank Berhad, ...

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Friday, Nov 16, 2018
MARC has affirmed its long-term and short-term corporate credit ratings of AA+/MARC-1 on CIMB Group Holdings Berhad (CIMB Group) and its issue rating of AA on the group’s RM10.0 billion Basel III-compliant Tier 2 Subordinated Debt Programme. The outlook on the ratings is stable. The one-notch rating differential between CIMB Group’s long-term corporate credit rating and its sub-debt programme...

This article has been viewed 285 times.
Monday, Nov 20, 2017
MARC has affirmed its long-term and short-term corporate credit ratings of AA+/MARC-1 on CIMB Group Holdings Berhad (CIMB Group) and accordingly affirmed its issue rating of AA on the group’s RM10.0 billion Basel III-compliant Tier 2 Subordinated Debt Programme. The outlook on the ratings is stable. The one-notch rating differential between CIMB Group’s long-term corporate credit rating and it...

This article has been viewed 402 times.
Tuesday, Nov 15, 2016
MARC has affirmed its long-term and short-term corporate credit ratings of AA+/MARC-1 on CIMB Group Holdings Berhad (CIMB Group) and accordingly affirmed its issue rating of AA on the group’s RM10.0 billion Basel III-compliant Tier 2 Subordinated Debt Programme (sub-debt programme). The outlook on the ratings is stable. The one-notch rating differential between CIMB Group’s long-term cor...

This article has been viewed 451 times.
Friday, Dec 11, 2015
MARC has assigned a final rating of AA to CIMB Group Holdings Berhad’s (CIMB Group) RM10.0 billion Basel III-compliant Tier 2 Subordinated Debt Programme (sub-debt programme). The outlook on the rating is stable. Upon review of the final documentation of the issuance, MARC is satisfied that the terms and conditions of the sub-debt programme have not changed in any material way from the dra...

This article has been viewed 540 times.
Wednesday, Nov 25, 2015
MARC has assigned corporate credit ratings of AA+/MARC-1 to CIMB Group Holdings Berhad (CIMB Group) and concurrently assigned a preliminary rating of AA to the group’s proposed RM10.0 billion Basel III-compliant Tier 2 Subordinated Debt Programme (sub-debt programme). The outlook on all of the ratings is stable. The one-notch rating differential between CIMB Group’s long-term corporate credit...

This article has been viewed 622 times.
Friday, Jul 18, 2014
MARC will assess the impact on its ratings of the financial institutions and programmes under CIMB Group Holdings Berhad from the group’s proposed merger exercise only upon obtaining greater clarity on the details of the exercise. CIMB Group had recently announced its intention to merge with RHB Capital Berhad and Malaysia Building Society Berhad. Among the key details the rating agency will...

This article has been viewed 1727 times.
Friday, Mar 19, 2010
MARC announced today that it has affirmed with a stable outlook and withdrawn its AA/MARC-1 and AAID/MARC-1ID ratings on CIMB Group Holdings Berhad's (formerly known as Bumiputra-Commerce Holdings Berhad) RM6.0 billion Conventional and Islamic Commercial Paper (CP) and Medium Term Notes (MTN) Programmes. The rating withdrawal is subsequent to the issuer's request and follows the withdrawal of the ...

This article has been viewed 786 times.
Tuesday, Mar 09, 2010
MARC announced today that it has affirmed with a stable outlook and withdrawn its A+ rating on CIMB Group Holdings Berhad's (CIMBG Holdings) RM3.0 billion Cumulative Subordinated Fixed Rate Notes Programme (2009/2074).  The rating withdrawal is subsequent to the issuer's request and means that MARC will no longer carry out surveillance on the subordinated notes which remains outstanding.The r...

This article has been viewed 827 times.
Thursday, Jun 18, 2009
MARC has assigned a preliminary rating of A+ to Bumiputra-Commerce Holdings Berhad’s (“BCHB”) proposed RM3.0 billion Cumulative Subordinated Fixed Rate Notes Programme. At the same time MARC affirms its senior debt ratings of AA/MARC-1 and AAID/MARC-1ID on BCHB’s rated Conventional and Islamic Senior Debt issues. The ratings outlook is stable.MARC has rated the subordinated...

This article has been viewed 768 times.