MARC has re-affirmed its financial institution rating of AA- and short-term rating of MARC-1 for Public Finance Berhad with a positive outlook. The ratings reflect the finance company’s defensible business franchise, healthy capital base, good asset quality, capable management, strong earnings, ample liquidity and its 56.76% ownership by Public Bank Berhad. Public Finance is a well established ...

MARC has affirmed its financial institution rating of AA- (Double A Minus) and short-term rating of MARC-1 for Public Finance Berhad. The ratings take into account the company’s favourable competitive position, better than peer group loan loss experience, satisfactory reserve coverage, good capitalization, improved profitability and its 56.76% ownership by Public Bank Berhad. Since commencing ...