Published on 18 Jul 2019.
RAM Ratings no longer has any rating obligation in respect of Hong Leong Islamic Bank Berhad’s Subordinated Sukuk Ijarah Programme of up to RM1.0 billion (2014/2024), following the full redemption on 17 June 2019 and cancellation of the facility. We have accordingly withdrawn the AA1/Stable rating of the programme. However, we will maintain surveillance of the Bank’s AAA/Stable/P1 financial institution ratings and the ratings of its following debt issues:
Multi-Currency Tier-2 Subordinated Sukuk Murabahah and Additional Tier-1 Sukuk Wakalah of up to RM2.0 billion (2017/2117)
Liang Huey Jean, CFA
(603) 3385 2495
(603) 3385 2577
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Ratings on Hong Leong Islamic Bank Berhad