Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for CIMB Bank Bhd. > News item |
Fitch affirms CIMB Bank
Fitch Ratings said it affirmed CIMB Bank Bhd.'s and CIMB Investment Bank Bhd.'s long-term foreign-currency issuer default ratings at BBB+.
The outlook is stable.
The ratings reflect the bank's strong franchise, satisfactory financial profile and management's track record, Fitch said, as well as the bank's role in supporting growing operations in potentially riskier markets in Southeast Asia.
CIMB Investment Bank is rated at the same level as CIMB Bank due to their seamless risk profiles, close operational links and common franchise, the agency said.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.