January 2014

New international credit rating agency, ARC Ratings, launches in London with MARC as a founding partner

Posted Date : 16 Jan 2014 Malaysian Rating Corporation Berhad (MARC) announced today the creation of ARC Ratings S.A. (ARC), a European and network-based credit rating agency (CRA), which aims to address the global markets’ need for a new approach to credit rating and analysing credit default risk. ARC is the result of five credit …

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CIMB Investment Bank & Maybank Investment Bank receive Top Lead Manager Awards from MARC

Posted Date : 15 Jul 2010 Malaysian Rating Corporation Berhad (MARC) awarded CIMB Investment Bank Berhad (CIMB Investment) and Maybank Investment Bank Berhad (Maybank IB) with the Top Lead Managers Awards recently in recognition of their distinctive achievements in the Issue Value category and the Issue Count category respectively. CIMB Investment topped the Issue Value …

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MARC releases its 2009 Annual Corporate Default and Rating Transition Study

Posted Date : 16 Mar 2010 Malaysian Rating Corporation Berhad (MARC) has released its 2009 Annual Corporate Default and Ratings Transition Study. The report discusses rating trends in 2009, default activity and the outlook for 2010. The agency’s rating universe remained relatively stable although there was a marked absence of positive credit actions and a …

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MARC’s viewpoints : What’s in store for 2010?

Posted Date : 10 Feb 2010 Malaysian Rating Corporation Bhd (MARC) released its outlooks for the economy, the bond market and various industries at the MARC 2010 Investors’ Briefing held at the Hilton Kuala Lumpur on February 9, 2010. About 100 capital-market investors and market players from the financial fraternity were in attendance at the …

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CIMB Investment Bank and Maybank Investment Bank top MARC’s 2009 Lead Managers League Tables

Posted Date : 22 Jan 2010 CIMB Investment Bank Berhad (CIMB) and Maybank Investment Bank Berhad (MIB) clinched the top spots on Malaysian Rating Corporation Berhad’s (MARC) 2009 Lead Managers League Tables by value and number of issues, respectively. MIB and Public Investment Bank Berhad ranked second and third, respectively by value. CIMB ranked second …

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MARC : New credit card tax unlikely to reduce consumer spending

Posted Date : 30 Oct 2009 MARC believes that the proposed annual credit card tax of RM50 per primary credit and charge card and RM25 per supplementary card is unlikely to have an impact on the overall transaction value of cardholders over the medium term. According to Anandakumar Jegarasasingam, MARC’s Head of Financial Institutions Ratings, …

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Commentary on Budget 2010

Posted Date : 24 Oct 2009 The measures in Budget 2010 are intended to delicately balance the need to address the government’s budgetary constraints while continuing to support the nascent economic recovery. The series of measures unveiled yesterday are focused on reducing the budget deficit by trimming operating expenditures and broadening the revenue base through …

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