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Fitch upgrades Maybank Indonesia
Fitch Ratings said it upgraded PT Maybank Indonesia Finance's (MIF) national long-term rating and local-currency issues to AAA(idn) from AA+(idn).
“The upgrade reflects our view of a stronger likelihood of extraordinary support from its parent, if needed, than previously factored in the ratings,” Fitch said in a press release.
The outlook is stable.
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