Press Releases - Category: Financial Institution
Displaying 1-5 of 5 results.
Thursday, Dec 08, 2022
MARC Ratings has assigned a preliminary rating of A with a stable outlook to Singer (Malaysia) Sdn Bhd’s (Singer) proposed RM300.0 million Medium-Term Notes (MTN) Programme.The rating incorporates Singer’s long and profitable track record in selling and financing consumer durables and motorcycles, underpinned by strong operating profit margins. Moderating factors are intense competition partic...

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Friday, Jul 01, 2022
MARC Ratings has affirmed its long- and short-term financial institution ratings of AA+/MARC-1 on China Construction Bank (Malaysia) Berhad (CCBM) with a stable outlook.CCBM’s healthy metrics as reflected by high provisioning levels, strong capital ratios, as well as healthy liquidity and funding positions remain key rating drivers. CCBM’s long-term rating of AA+ is notched down from its paren...

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Thursday, May 06, 2021
MARC has affirmed its long- and short-term financial institution (FI) ratings of AA+/MARC-1 with a stable outlook on China Construction Bank (Malaysia) Berhad. CCBM continues to be very well supported by parent China Construction Bank Corporation (CCB), which carries a public information rating of AAA/stable from MARC. This rating mainly reflects CCB’s status as a majority-owned financial entity...

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Thursday, May 21, 2020
MARC has affirmed its long- and short-term financial institution (FI) ratings of AA+/MARC-1 on China Construction Bank (Malaysia) Berhad (CCBM). The long-term rating of CCBM is notched down from its parent China Construction Bank Corporation’s (CCB) public information rating of AAA from MARC. The outlook on all ratings is stable. CCB’s rating reflects its majority-owned status by the Chinese g...

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Thursday, May 16, 2019
MARC has assigned long- and short-term financial institution (FI) ratings of AA+/MARC-1 to China Construction Bank (Malaysia) Berhad (CCBM). The long-term rating of CCBM is notched down from its parent China Construction Bank Corporation’s (CCB) AAA rating from MARC based on publicly available information. The outlook on all ratings is stable. The one-notch long-term rating differential between...

This article has been viewed 900 times.