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Credit Rating
On 29 May 2012, Rating Agency Malaysia Berhad has reaffirmed the Bank's long-term rating at AA1 and its short-term rating at P1, with stable outlook.
The ratings indicate that in the long-term, the Bank is adjudged to offer high safety for timely payment of financial obligations while in the short-term, the Bank is adjudged to have superior capacities for timely payment of obligations.
Details of the rating of the Bank and its debt securities are as follows:
Rating Agency |
Date Accorded |
Rating Classification |
Definition |
|---|---|---|---|
| Rating Agency Malaysia Berhad | 29-May-12 | Long-Term Rating: AA1 Short-Term Rating: P1 Subordinated Notes: AA2 Capital Securities: AA3 |
Demonstrates strong capacity in meeting both long-term and short-term financial obligations. The financial institution is also resilient against adverse changes in circumstances, economic conditions and/or operations environments. |
| Moody's Investors Services Ltd | 12-Apr-12 13-Apr-12 |
Long Term Rating: A3 Short Term Rating: P1 Senior Unsecured: A3 |
Indicates a mixture of above-average and average credit worthiness. However, elements may be present which suggest a susceptibility to impairment some time in the future. |
| Fitch Ratings Ltd | 27-Jan-12 18-Apr-12 |
Long Term Rating: BBB+
Short Term Rating: F2 Subordinated Debt: BBB+ |
Ratings generally indicate good credit quality. There is currently a low expectation of credit risk and satisfactory capacity to meet timely payment of financial obligations. However, adverse changes in circumstances and in economic conditions are likely to impair the institution’s capacity. |
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