Saturday 17, December 2016 by Robin Amlôt

RAM Ratings reaffirms the AAA/Stable/P1 ratings of Maybank Islamic Berhad

RAM Ratings has reaffirmed the AAA/Stable/P1 financial institution ratings of Maybank Islamic Berhad (the Bank), and also the AA1/Stable rating of the Bank’s MYR 10 billion Subordinated Sukuk Murabahah Programme (2014/2034). As the Islamic banking arm of Malayan Banking Berhad (Maybank or the Group, rated AAA/Stable/P1), Maybank Islamic is deemed strategic to the Group. As such, the Bank’s ratings reflect our expectation of ready support from the Group, if required.

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