Moody’s affirms Maybank’s ratings, outlook stable

TheStar Sat, Aug 08, 2020 10:08pm - 3 years View Original

“Funding and liquidity are strengths of Maybank, underpinned by its position as Malaysia's largest bank by assets," it said.

KUALA LUMPUR: Moody's Investors Service affirmed the A3 long-term foreign currency deposit and A3 long-term foreign currency senior unsecured debt ratings of Malayan Banking Bhd (Maybank).

The international rating agency also affirmed the bank’s baseline credit assessment (BCA) and adjusted BCA of a3, and the bank's long-term foreign currency subordinated debt rating of Baa2 (hyb).

“The rating outlook is stable, ” it said in a statement.

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