Recommend Us | About Us | Back to Bernama.com

News | Financial Calculator | Home Financing | Archived News |

 

  Welcome to Bernama Banking & Finance Special Page     
 
RAM Ratings Withdraws AmBank Islamic's Issue Rating
Last update: 05/01/2018

KUALA LUMPUR, Jan 5 (Bernama) -- RAM Ratings†recently received confirmation that AmBank Islamic Bhd had fully†redeemed and cancelled its RM2 billion Subordinated Sukuk Musyarakah Programme (2011/2026).

"As such, we have withdrawn the AA3/Stable rating and no longer have†any rating obligation in respect of the facility," said the rating firm in a statement here today.

However, RAM would†maintain surveillance on the Bank's AA 2 /Stable/P1 financial institution ratings and the†RM3 billion Senior Sukuk†Musyarakah†Programme (2010/2040) (AA2/Stable)†and RM3 billion Subordinated Sukuk†Murabahah Programme (2014/2044) (AA3/Stable).

-- BERNAMA




 <Back>

Maybank Islamic wins Islamic Bank of the year award
GST ends on AIBIM Bank services & products

 

RFCTT 2020: raising awareness of takaful for family
Pacific Prime†wins two top insurance awards

 
AmGeneral eyes 2-3 pct growth in premium in FY19

CLOSING, FRIDAY, JULY 20
US 4.0600/0630
S'pore 2.9687/9718
100 Yen 3.6108/6138
Sterling 5.2861/2904
Euro 4.7315/7366
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Bankerís Cheque, Bank Draft and Cashierís Order. Do you think this additional charge is justified?
 

 
  Main | News | Insurance

© 2018 BERNAMA. All Rights Reserved. Disclaimer | Privacy Policy| Security Policy
This material may not be published, broadcast, rewritten or redistributed in any form except with the prior written permission of BERNAMA.
Best viewed in Firefox 8.0 & Internet Explorer 8.0 with 1024 x 768 resolution