MARC affirms Kenanga Investment Bank’s FI ratings at A+/MARC-1
MARC has affirmed its long-term and short-term financial institution (FI) ratings of A+ and MARC-1 on Kenanga Investment Bank Berhad (Kenanga) with a stable outlook. The affirmed ratings are primarily premised on Kenanga’s strong competitive position in the retail stockbroking business in Malaysia, its healthy capital position, its moderate profitability metrics and adequate funding profile. …
MARC affirms Kenanga Investment Bank’s FI ratings at A+/MARC-1 Read More »