Published on 21 Oct 2019.
RAM Ratings has received confirmation that AmBank (M) Berhad’s RM500 mil Innovative Tier-1 Capital Securities Programme (2009/2069) has been fully redeemed and cancelled and that its RM1 bil Negotiable Instruments of Deposit have expired. As such, we have withdrawn the respective A1/Stable and AA2/Stable ratings of the facilities and no longer have any rating obligation in respect of them.
However, we will maintain surveillance of the Bank’s AA2/Stable/P1 financial institution ratings and the ratings of the following facilities:
RM7 bil Senior Notes Issuance Programme (2010/2040)
RM4 bil Tier-2 Subordinated Notes Programme (2013/2043)
Lim Yu Cheng, CFA, FRM
(603) 3385 2492
(603) 3385 2577
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Ratings on AmBank (M) Berhad