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ram ratings

A collection of 3 posts

RAM's new Malaysia GDP forecast at 5.8%

RAM's new Malaysia GDP forecast at 5.8%

RAM Ratings expects Malaysia’s economic growth to come in at 5.8% in 2022, lowered from its earlier projection of 6.8% in December 2021. The revision mainly reflects slower global economic growth amid the Russia-Ukraine war, the drag on consumption demand from higher inflationary pressures, and lower overall

RAM Ratings reaffirms P1 and AA3 ratings of Bermaz’s ICP and IMTN programmes

RAM Ratings reaffirms P1 and AA3 ratings of Bermaz’s ICP and IMTN programmes

Published on 14 Jan 2022 — RAM Ratings has reaffirmed the respective P1 and AA3/Stable ratings of Bermaz Auto Bhd RM500 mil Islamic Commercial Papers Programme (2020/2027) and RM500 mil Islamic Medium-Term Notes Programme. The two issues have a combined limit of RM500 mil. The reaffirmation of the ratings

RAM Ratings Reaffirms Citibank’s AAA Ratings

RAM Ratings Reaffirms Citibank’s AAA Ratings

RAM Ratings has reaffirmed Citibank Bhd’s AAA/Stable/P1 financial institution ratings, premised on its expectation that the Bank will continue to derive extraordinary support from its parent, Citigroup Inc (the Group). The Bank remains a strategically important entity to the Group despite the ongoing exercise to dispose of