Author name: WebMaster

Posted Date: October 19, 2015 MARC was quoted in The Star’s write-up on the likelihood of Bank Negara Malaysia reducing banks’ statutory reserve requirement. This comes as the banking industry has been experiencing an increase in its loan-to-deposit ratio while its net interest margin has narrowed, due to a reduction in lending rates. Please click […]

Posted Date: 27 July 2015 MARC has published for public comment an exposure draft which sets out the rating agency’s proposed methodology for rating investment managers. The proposed methodology applies to investment or fund managers providing investment management services to clients in return for compensation. The rating framework accommodates a wide variety of investment management

Posted Date : 03 June 2015 MARC has published its final methodology on the rating of government-related entities (GREs) today following a request for comments period. This methodology aims to increase the consistency, transparency and clarity of MARC’s analytical process for GREs, particularly how ratings have been notched up for government support. MARC has interpreted

Posted Date : 29 May 2015 Malaysian Rating Corporation Berhad (MARC) yesterday honoured Malaysia’s top capital market players comprising investment banks, other financial institutions and bond/sukuk issuers at its 2014 Lead Managers Appreciation Evening held at Hilton Kuala Lumpur. Dato’ Dr. Nik Ramlah Mahmood, Deputy Chief Executive of the Securities Commission, was the guest of honour

Posted Date : 07 May 2015 Malaysian Rating Corporation Berhad (MARC) held its 19th Annual General Meeting (AGM) at Sime Darby Convention Centre on 7 May 2015. At the meeting, the company announced its results for the financial year ended 31 December 2014. MARC Chairman, Datuk Azizan Haji Abd Rahman, informed shareholders that the company

Posted Date : 06 Apr 2015 MARC has published for public comment an exposure draft which outlines the rating agency’s methodology for rating government-related entities (GRE).   MARC’s proposed rating methodology articulates the steps taken to derive the GRE’s credit rating. The starting point of the rating agency’s GRE credit analysis is an evaluation of

Posted Date : 01 Apr 2015 MARC today published its 2014 Annual Corporate Default and Rating Transitions Study which tabulates defaults and changes in ratings of issuers rated by MARC over the years. The year 2014 saw the divergence of monetary policy between the United States and most of the rest of the world. As the US

Posted Date : 16 Mar 2015 MARC today released its review of the 2014 BNM Annual Report. In summary:  MARC views BNM’s assessment of the prospects of the economy as realistic. We concur with BNM’s outlook of real GDP growth slowing down to less than 5% in 2015 (MARC forecast: 4.7%) due to lacklustre external

Posted Date : 10 Feb 2015   MARC published its final methodology on rating Malaysian state governments today following a request for comments period.  The methodology report outlines concepts and principles applicable when assessing a state’s capacity and willingness to honour senior obligations under financial contracts that include third-party credit guarantees or partial guarantees, liquidity

Posted Date : 29 Jan 2015 The domestic economy and capital market in general will face considerable headwinds in 2015 as a result of the current low crude oil price environment and the slowdown in economic growth of major trading partners like China. As announced earlier in the rating agency’s report entitled Economic Outlook 2015: Gyrations