Japan Credit Rating Agency affirms Maybank A ratings


Maybank is the largest commercial bank in Malaysia with consolidated assets of RM872.2bil at the end of September 2020.

KUALA LUMPUR: Japan Credit Rating Agency, Ltd (JCR) has affirmed its A ratings on Malayan Banking Bhd with a stable outlook to reflect its strong business base in Malaysia, diversification of its revenue sources, high earnings capacity.

The rating agency, in its statement issued on Friday, also pointed out to Maybank's sound liquidity position and high capital adequacy ratios.

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