Published on 21 Oct 2019.
RAM Ratings no longer has any rating obligation in respect of Hong Leong Bank Berhad’s RM1.0 billion Innovative Tier-1 Capital Securities Programme (2009/2069), following the cancellation of the facility. We have accordingly withdrawn the AA2/Stable rating of the programme.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:
RM10.0 billion Multi-currency Subordinated Notes Programme (2014/2044)
RM10.0 billion Multi-currency Additional Tier-1 Capital Securities Programme (2017/2117)
Chew Wei Li
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Ratings on Hong Leong Bank Berhad