Press Releases - Category: Finance
Displaying 1-10 of 22 results.
Friday, Sep 01, 2023
MARC Ratings 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 Malaysia’s second-largest banking group with total assets of RM720.3 billion as at end-1H2...

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Friday, Jul 08, 2022
MARC Ratings 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 and is the country’s second-largest banking group with...

This article has been viewed 468 times.
Thursday, Jul 29, 2021
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 subsidiary CIMB Bank Berhad accounted for 86.0% of its tot...

This article has been viewed 450 times.
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, ...

This article has been viewed 595 times.
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 842 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 1020 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 987 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 1159 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 1181 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 2241 times.