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Farhan Darham
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Mohd Izazee Ismail
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Posted Date: January 27, 2022
MARC Ratings has withdrawn its ratings of AA+/AA+IS on CIMB Bank Berhad’s RM5.0 billion Tier 2 Subordinated Debt and Junior Sukuk programmes. The ratings withdrawal follows the termination of the programmes as confirmed by the facility agent.
MARC Ratings’ analytical coverage on CIMB Bank’s issuance is now limited to the bank’s RM10.0 billion Basel III-compliant Tier 2 Subordinated Debt Programme rated AA+ with a stable outlook.
