Press Releases
Displaying 11-20 of 22 results.
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MARC announced today that it has affirmed with a stable outlook and withdrawn its AA/MARC-1 and AAID/MARC-1ID ratings on CIMB Group Holdings Berhad's (formerly known as Bumiputra-Commerce Holdings Berhad) RM6.0 billion Conventional and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 ...

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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MARC announced today that it has affirmed with a stable outlook and withdrawn its A+ rating on CIMB Group Holdings Berhad's (CIMBG Holdings) RM3.0 billion Cumulative Subordinated Fixed Rate Notes Programme (2009/2074).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...

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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...

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Tuesday, Jun 10, 2008
MARC has upgraded the long term senior debt rating of Bumiputra-Commerce Holdings Berhad’s (BCHB) RM6.0 billion Conventional and Islamic CP/MTN Programme to AA and AAID from AA- and AA-ID whilst affirming its short term senior debt rating of MARC-1 and MARC-1ID. The upgrade recognises the continued earnings strength and robust internal capital generation of its banking operations, in particu...

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Monday, Jun 02, 2008
MARC has withdrawn the AA- rating assigned to Bumiputra-Commerce Holdings Berhad’s (BCHB) RM250.0 million nominal value Redeemable Unsecured Bonds   with immediate effect following BCHB’s full redemption of the bonds on May 22, 2008....

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Thursday, Aug 09, 2007
MARC has assigned ratings of AA-/MARC-1 & AA-ID/MARC-1ID to Bumiputra-Commerce Holdings Berhad’s (BCHB’s) (formerly Commerce Asset-Holding Berhad) proposed Commercial Papers/ Medium-Term Notes programmes, for its conventional and Islamic issuances respectively, for a total combined nominal value up to RM6.0 billion. The notes are rated the same as BCHB’s existing 8.35% RM250....

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Thursday, Mar 01, 2007
The corporate debt rating of Bumiputra-Commerce Holdings Berhad (“BCHB”), formerly known as Commerce Asset-Holding Berhad, has been upgraded from A+ to AA- following the merger of CIMB Bank Berhad, formerly known as Bumiputra-Commerce Bank (“BCB”), and Southern Bank Berhad (“SBB”). BCHB is the ultimate parent of the merged entity branded as CIMB Bank Berhad (&ld...

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Friday, Jan 12, 2007
MARC places the rating of Bumiputera-Commerce Holdings Bhd.’s (“BCHB”) RM250 million Redeemable Unsecured Bonds (2001/2008) on MARCWatch with positive outlook pursuant to BCHB’s disposals of equity interests in Commerce Life Assurance Bhd. (“CLAB”), Commerce Takaful Bhd. (“CTB”) and Commerce Assurance Bhd. (CAB”).BCHB announced on 4 January 200...

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Wednesday, May 24, 2006
The corporate debt rating of Bumiputra-Commerce Holdings Berhad (BCHB), formerly known as Commerce Asset-Holding Berhad, has been affirmed at A+ following the combination of CIMB and Bumiputra-Commerce Bank (BCB). BCHB is the ultimate parent of the combined entity. Concurrently, MARC has upgraded the Financial Institution Rating of BCB from AA-/MARC-1 to AA/MARC-1. MARC has also upgraded the ratin...

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Wednesday, Aug 25, 2004
MARC has affirmed the long-term rating of Commerce Asset-Holding Berhad (CAHB) at A+. This reflects the firm credit standing of the CAHB Group, which benefits from a strong franchise of its core subsidiaries; improving overall Group-wide earnings and asset quality; continuous efforts to keep gearing at bay and a proactive management. The rating however is constrained by the Group’s exposure to t...

This article has been viewed 968 times.