Press Releases - Category: Finance
Displaying 1-10 of 33 results.
Friday, Sep 01, 2023
MARC Ratings has affirmed its financial institution (FI) ratings on CIMB Bank Berhad at AAA/MARC-1. Concurrently, the rating agency has also affirmed its rating of AA+ on the bank’s existing RM10.0 billion Basel III-compliant Tier 2 Subordinated Debt programme. The ratings outlook is stable.  CIMB Bank’s high systemic importance in the domestic banking industry, well-established bank...

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Friday, Jul 08, 2022
MARC Ratings has affirmed its financial institution (FI) ratings on CIMB Bank Berhad at AAA/MARC-1. Concurrently, the rating agency has also affirmed its rating of AA+ on the bank’s existing RM10.0 billion Basel III-compliant Tier 2 Subordinated Debt Programme. All the ratings carry a stable outlook.CIMB Bank’s high systemic importance in the domestic banking industry as the second-largest dom...

This article has been viewed 304 times.
Thursday, Jan 27, 2022
MARC Ratings has withdrawn its ratings of AA+/AA+IS on CIMB Bank Berhad’s RM5.0 billion Tier 2 Subordinated Debt and Junior Sukuk programmes. The ratings withdrawal follows the termination of the programmes as confirmed by the facility agent.MARC Ratings’ analytical coverage on CIMB Bank’s issuance is now limited to the bank’s RM10.0 billion Basel III-compliant Tier 2 Subordinated Debt Pro...

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Thursday, Jul 29, 2021
MARC has affirmed its financial institution (FI) ratings of AAA/MARC-1 with a stable outlook on CIMB Bank Berhad. Concurrently, the rating agency has affirmed its ratings on the bank’s existing subordinated debt programmes as follows: RM10.0 billion Basel III–compliant Tier 2 Subordinated Debt Programme affirmed at AA+/StableRM5.0 billion Subordinated Debt and Junior Sukuk Programmes affi...

This article has been viewed 483 times.
Tuesday, Aug 25, 2020
MARC has affirmed its financial institution (FI) ratings on CIMB Bank Berhad at AAA/MARC-1/Stable. Concurrently, the ratings on the bank’s existing subordinated debt programmes have been affirmed. These ratings have been notched down from the bank’s long-term FI rating based on their relative loss severity risk profiles. The subordinated debt programmes are as follows: RM10.0 billion Base...

This article has been viewed 546 times.
Tuesday, Nov 19, 2019
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 an...

This article has been viewed 756 times.
Tuesday, Nov 19, 2019
MARC has affirmed its financial institution (FI) ratings on CIMB Bank Berhad at AAA/MARC-1 with a stable outlook. Concurrently, its ratings on the bank’s existing subordinated debt programmes have been affirmed with a stable outlook. These ratings have been notched down from the bank’s long-term FI rating based on their relative loss severity risk profiles. T...

This article has been viewed 680 times.
Friday, Nov 16, 2018
MARC has affirmed its financial institution (FI) ratings on CIMB Bank Berhad (CIMB Bank) at AAA / MARC-1 with a stable outlook. Concurrently, MARC has also affirmed its corporate debt ratings on CIMB Bank’s existing subordinated debt and hybrid securities, which have been notched down from the bank’s FI ratings based on their relative loss severity risk profiles. The full list of issue rating...

This article has been viewed 804 times.
Monday, Nov 20, 2017
MARC has affirmed its financial institution (FI) ratings on CIMB Bank Berhad (CIMB Bank) at AAA / MARC-1 with a stable outlook. Concurrently, MARC has affirmed its corporate debt ratings on CIMB Bank’s existing subordinated debt and hybrid securities, which have been notched down from the bank’s FI ratings by one or two notches based on their relative loss severity risk profiles. The full lis...

This article has been viewed 955 times.
Wednesday, Jan 11, 2017
MARC has withdrawn its AA/stable rating on CIMB Bank Berhad’s (CIMB Bank) RM4.0 billion Non-Innovative Tier 1 Stapled Capital Securities Programme. The rating withdrawal follows the full redemption and subsequent cancellation of the programme as confirmed by the facility agent on January 9, 2017. MARC’s analytical coverage on CIMB Bank is now limited to the following debt issuances: ...

This article has been viewed 931 times.