MARC has withdrawn its financial institution (FI) ratings of AAA/MARC-1 on Maybank Islamic Berhad. The ratings carried a stable outlook. The ratings withdrawal is at the request of the issuer. Contacts: Douglas De Alwis, +603-2717 2965/ douglas@marc.com.my; Mohd Izazee Ismail, +603-2717 2947/ izazee@marc.com.my ...

MARC has affirmed Maybank Islamic Berhad’s long-term and short-term financial institution (FI) ratings of AAA and MARC-1 based on the domestic rating scale. Maybank Islamic’s long-term FI rating is equalised to parent Malayan Banking Berhad’s (Maybank) rating of AAA, based primarily on its strategic importance to the Maybank group. The ratings outlook is stable. MARC has also assigned ...

MARC has affirmed Maybank Islamic Berhad’s (Maybank Islamic) long-term and short-term financial institution (FI) ratings of AAA and MARC-1 respectively with a stable outlook. The long-term FI rating of Maybank Islamic has been equalised to that of its parent Malayan Banking Berhad (Maybank) based on the former’s significance as the Islamic banking arm of Maybank group, underpinned by sha...

MARC has affirmed Maybank Islamic Berhad’s (Maybank Islamic) long-term and short-term financial institution (FI) ratings of AAA and MARC-1 respectively with a stable outlook. The long-term rating of Maybank Islamic is equalised with the rating of its parent Malayan Banking Berhad (Maybank) on the basis of the former’s significance as Maybank’s Islamic banking arm and its contribution to gro...

MARC has withdrawn its AA+IS rating on Maybank Islamic Berhad’s (Maybank Islamic) RM1.0 billion Islamic Subordinated Sukuk (Subordinated Sukuk). The rating withdrawal follows the full redemption and cancellation of the Subordinated Sukuk on March 31, 2016 as confirmed by the facility agent. MARC continues to maintain its financial institution ratings on Maybank Islamic at AAA/MARC-1/Stab...

MARC has affirmed its AAA/MARC-1 financial institution (FI) ratings on Maybank Islamic Berhad (Maybank Islamic) and AA+IS  rating on Maybank Islamic’s RM1.0 billion Islamic Subordinated Sukuk (Subordinated Sukuk) which qualifies as Tier-2 capital. The outlook on all the ratings is stable.The Subordinated Sukuk is rated one notch lower than the bank’s FI rating, in line with MARC’s notch...

MARC has affirmed its AAA/MARC-1 financial institution (FI) ratings on Maybank Islamic Berhad (Maybank Islamic) and AA+IS rating on Maybank Islamic’s RM1.0 billion Islamic Subordinated Sukuk (Subordinated Sukuk). The rating outlook is stable. The Subordinated Sukuk qualifies as Tier-2 capital and is rated one notch lower than the bank’s FI rating in accordance with MARC’s notchin...

MARC has affirmed its AAA/MARC-1 financial institution (FI) ratings on Maybank Islamic Berhad (Maybank Islamic) and AA+IS rating on Maybank Islamic’s RM1.0 billion Islamic Subordinated Sukuk (Subordinated Sukuk) with a stable outlook on the ratings. The Subordinated Sukuk, which qualifies as Tier-2 capital for Maybank Islamic, is rated one notch lower than the bank’s FI rating in accor...

MARC has affirmed its AAA/MARC-1 financial institution ratings on Maybank Islamic Berhad (Maybank Islamic). In addition, MARC has also affirmed its AA+IS rating on Maybank Islamic’s Islamic Subordinated Sukuk issuance of RM1.0 billion in nominal value. The outlook of the ratings is stable. The subordinated sukuk, which qualifies as Tier-2 capital for Maybank Islamic, is rated one notch lower...

MARC has assigned long-term and short-term financial institution ratings of AAA/MARC-1 to Maybank Islamic Berhad (Maybank Islamic). At the same, MARC has also assigned a AA+IS rating to Maybank Islamic’s proposed Islamic Subordinated Sukuk issuance of RM1.0 billion in nominal value. The outlook on the ratings is stable. Maybank Islamic’s financial institution ratings are equalised with...