MARC Ratings has affirmed CIMB Islamic Bank Berhad’s (CIMB Islamic) financial institution (FI) ratings of AAA/MARC-1/Stable. Concurrently, the rating agency has affirmed its ratings on CIMB Islamic’s sukuk issuances as follows:RM10.0 billion Senior Sukuk Wakalah Programme (Sukuk Wakalah) at AAAIS/StableRM5.0 billion Tier 2 Junior Sukuk Programme at AA+IS/StableCIMB Islamic’s FI ratings are e...

MARC Ratings has affirmed CIMB Islamic Bank Berhad’s (CIMB Islamic) financial institution (FI) ratings of AAA/MARC-1/Stable. Concurrently, the rating agency has also affirmed its ratings on CIMB Islamic’s sukuk issuances as follows:• RM10.0 billion Senior Sukuk Wakalah programme (Sukuk Wakalah) at AAAIS/Stable• RM5.0 billion Tier 2 Junior Sukuk programme at AA+IS/StableCIMB Islamic’s FI ...

MARC Ratings has affirmed CIMB Islamic Bank Berhad’s (CIMB Islamic) financial institution (FI) ratings of AAA/MARC-1/Stable and concurrently the sukuk issuance ratings as follows:RM10.0 billion senior Sukuk Wakalah programme (Sukuk Wakalah) at AAAIS/StableRM5.0 billion Tier 2 Junior Sukuk programme at AA+IS/StableCIMB Islamic’s FI ratings are equalised to that of its parent CIMB Bank Berhad ba...

MARC has affirmed CIMB Islamic Bank Berhad’s (CIMB Islamic) financial institution (FI) ratings of AAA/MARC-1/Stable. CIMB Islamic’s FI ratings are equalised to parent CIMB Bank Berhad (AAA/Stable), based on its strategic importance in Islamic banking, its shared branding and close operational integration within the group. The rating agency has concurrently affirmed the ratings on CIMB Islamicâ...

MARC has affirmed CIMB Islamic Bank Berhad’s (CIMB Islamic) financial institution (FI) ratings of AAA/MARC-1 with a stable outlook. CIMB Islamic’s FI rating is equalised to parent CIMB Bank Berhad (AAA/Stable) based on its strategic importance in Islamic banking, its shared branding and close operational integration within the group.  ...

MARC has affirmed its financial institution (FI) ratings of AAA/MARC-1 on CIMB Islamic Bank Berhad (CIMB Islamic). The FI ratings on CIMB Islamic are equalised to that of its parent CIMB Bank Berhad (CIMB Bank) (rated AAA/Stable), given the bank’s strategic importance as the latter’s Islamic banking arm, their shared branding and close operational integration. Concurrently, MARC has also affi...

MARC has assigned a final rating of AAAIS to CIMB Islamic Bank Berhad’s (CIMB Islamic) RM10.0 billion Sukuk Wakalah Programme (Sukuk Wakalah). 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 sukuk have not changed in any material way from the draft documentation on which the earlier prelimin...

MARC has assigned a preliminary rating of AAAIS to CIMB Islamic Bank Berhad’s (CIMB Islamic) proposed RM10.0 billion senior Sukuk Wakalah Programme (Sukuk Wakalah). The rating outlook is stable. The rating on the Sukuk Wakalah reflects its seniority and is equalised to CIMB Islamic’s financial institution (FI) ratings which MARC has recently affirmed at AAA/MARC-1/Stable. The Sukuk Wakalah wi...

MARC has affirmed its long-term and short-term financial institution (FI) ratings of AAA/MARC-1 on CIMB Islamic Bank Berhad (CIMB Islamic). Concurrently, MARC has affirmed its rating of AA+IS on CIMB Islamic’s RM5.0 billion Basel III-compliant Tier 2 Junior Sukuk Programme and RM2.0 billion Tier 2 Junior Sukuk Programme. The one-notch rating differential between the two ratings is in accordance...

MARC has affirmed CIMB Islamic Bank Berhad’s (CIMB Islamic) financial institution (FI) rating at AAA/ MARC-1. Concurrently, the rating agency has affirmed its rating of AA+IS on CIMB Islamic’s RM5.0 billion Basel III-compliant Tier 2 Junior Sukuk programme and RM2.0 billion Tier 2 Junior Sukuk programme. The one-notch rating differential between the two ratings reflects the subordination of t...