Tuesday 27, December 2016 by

RAM Ratings reaffirms CIMB Islamic Bank's AAA/Stable/P1 ratings

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.

Features & Analyses

Wealth Management A universal proposition

  Naushid Mithani, Market Head, Global South Asian Community, EMEA and Head, Private Banking, UAE, Standard Chartered, speaks… read more