Published on 07 Feb 2020.
RAM Ratings has received confirmation that RHB Bank Berhad (the Group) fully redeemed all the outstanding notes under its RM600 mil Hybrid Tier-1 Securities Programme (2009/2069) and subsequently terminated the programme on 30 January 2020. As such, we have withdrawn the A1/Positive rating of the programme and no longer have any rating obligation on it.
However, we will maintain surveillance of RHB Bank’s AA2/Positive/P1 financial institution ratings, as well as those of the Group’s following debt programmes:
Loh Kit Yoong
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The credit rating is not a recommendation to purchase, sell or hold a security, inasmuch as it does not comment on the security’s market price or its suitability for a particular investor, nor does it involve any audit by RAM Ratings. The credit rating also does not reflect the legality and enforceability of financial obligations.
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Published by RAM Rating Services Berhad
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Ratings on RHB Bank Berhad