Malaysian banks to see moderate profit growth in 2025 on steady loan expansion - RAM Ratings
KUALA LUMPUR: Malaysian banks will likely see moderate profit growth this year, underpinned by steady loan expansion and still-benign loan provisioning expenses.
RAM awards Masteel highest rating for ESG leadership
KUALA LUMPUR: RAM Sustainability Sdn Bhd has awarded a Platinum rating, its highest sustainability rating, to Malaysia Steel Works (KL) Bhd (Masteel) for its leadership in sustainability backed by extremely strong environmental, social and governance (ESG) fundamentals.
RAM Sustainability awards Masteel platinum rating for strong ESG leadership
KUALA LUMPUR: RAM Sustainability Sdn Bhd has awarded a Platinum rating, its highest sustainability rating, to Malaysia Steel Works (KL) Bhd for its leadership in sustainability performance backed by extremely strong environmental, social and governance (ESG) fundamentals.
Lenders to ride on solid capital buffers, asset value
Domestic banks are on a solid footing amid external headwinds, according to RAM Rating Services Bhd.
Bank Islam issues seventh sukuk tranche
PETALING JAYA: Bank Islam Malaysia Bhd has issued its seventh tranche of RM250mil subordinated sukuk murabahah under its RM10bil Sukuk Murabahah Programme.
Bank Islam issues seventh tranche of RM250mil Sukuk Murabahah
PETALING JAYA: Bank Islam Malaysia Bhd has issued its seventh tranche of RM250mil Subordinated Sukuk Murabahah under its RM10bil Sukuk Murabahah Programme.
Maybank Investment Bank tops all four categories at RAM League Awards 2025
KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB) strengthens its leadership in Malaysia's debt capital markets, securing the top spot in all four categories at the 22nd RAM League Awards 2025.
More positive rating actions likely for this year, says RAM
Malaysia registered more positive rating actions in the 2023 portfolio and is expected to remain the same in 2024.
Growing rate cut bets reignite foreign investor interest in govt bonds - RAM Ratings
KUALA LUMPUR: RAM Rating Services Bhd's (RAM Ratings) Bond Market Monthly December 2023 has highlighted that foreign investors turned net purchasers in November after three successive months of net selling.
HLFG in RM5bil commercial paper issuance
PETALING JAYA: Hong Leong Financial Group Bhd (HLFG) has lodged a RM5bil commercial papers (CP) programme with the Securities Commission under the lodge and launch framework.
Julie Ng appointed RAM Rating Services deputy CEO
KUALA LUMPUR: Julie Ng has been appointed deputy chief executive officer of RAM Rating Services Bhd and Siew Suet Ming as chief rating officer effective July 1 to take the rating agency to the next level.
SDBank gets 'stable' rating amid questions over past financial management
KOTA KINABALU: Sabah Development Bank Berhad (SDBank), put under the microscope in the state assembly recently over its financial management and practices, says it has been evaluated as having "a strong capability to meet its financial obligations".
RAM Ratings affirms AA/stable rating of Tanjung Bin Power’s RM4.5bil sukuk
KUALA LUMPUR: RAM Rating Services Bhd (RAM Ratings) has affirmed the AA/Stable rating of Tanjung Bin Power Sdn Bhd’s RM4.5 billion sukuk ijarah programme given the company’s 2,100-megawatt (MW) coal-fired power plant’s satisfactory operating performance.
Foreign investors flock to Malaysia in July as US rate hike fears wane: RAM Ratings
KUALA LUMPUR: Foreign investors flocked to Malaysia in July, spurred by growing signs that the US Federal Reserve (Fed) is nearing the end of its rate tightening cycle, said RAM Ratings.
Boost’s investment-grade rating upgraded to AAA by RAM
KUALA LUMPUR: Boost, the fintech arm of Axiata Group Bhd became the first digital financier in Malaysia to be upgraded to the highest investment-grade issue rating of AAA by RAM Ratings.
Asean News Headlines on Wednesday (Feb 26, 2025)
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Wednesday (Feb 26, 2025)
Malaysian banks rating intact despite US bank failures - RAM Ratings
KUALA LUMPUR: RAM Rating Services Bhd (RAM Ratings) sees no rating impact on Malaysian banks from the failure of the United States Silicon Valley Bank (SVB) and two other smaller banks last week.
RAM Ratings: Banks' profitability steady in 1Q24, limited upside ahead
KUALA LUMPUR: Malaysian banks showed steady profitability in their financial results in the first quarter of 2024 (1Q 2024) in line with expectations but the upside is limited going forward, said RAM Rating Services Bhd (RAM Ratings).
RAM Rating upgrades Affin Group
PETALING JAYA: RAM Rating Services Bhd (RAM Ratings) is upgrading the long-term rating of Affin Bank Bhd and its subsidiaries, Affin Islamic Bank Bhd and Affin Hwang Investment Bank Bhd, from AA3 negative to AA3 with a stable outlook.
RAM Ratings appoints Julie Ng as new CEO
KUALA LUMPUR: RAM Ratings Services Bhd has appointed Julie Ng as its new CEO, succeeding Awang Za'aba Awang Mahmud, from April 1, 2024.
