RAM Ratings has reaffirmed CIMB Islamic Bank Berhad’s AAA/Stable/P1 financial institution ratings. The bank’s ratings are underscored by its strategic importance as the Islamic banking arm of CIMB Group Holdings Berhad. Through a universal-banking platform, CIMB Islamic is operationally integrated with CIMB Bank Berhad and CIMB Investment Bank Berhad (both rated AAA/Stable/P1). As such, RAM Ratings expects the bank to continue enjoying ready group support, if needed.
Tuesday 27, December 2016 by Robin Amlôt