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KUALA LUMPUR, Sept 15 (Bernama) -- ABB Financial Group has completed the acquisition of a controlling stake in Davr Bank, a commercial bank operating in Uzbekistan, with the transaction registered on Sept 10 at the Tashkent Stock Exchange.
KUALA LUMPUR, Sept 9 (Bernama) -- Malaysia’s economic outlook remains resilient, supported by strong manufacturing activity, sustained infrastructure investment and a rapidly expanding data centre sector, said S&P Global Ratings.
KUALA LUMPUR, Sept 4 (Bernama) -- Malaysian banks’ asset quality remains resilient, supported by healthy loss-absorption buffers and proactive credit risk management, RAM Ratings said.
KUALA LUMPUR, Sept 1 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) today announced the reissuance of US$1.353 billion (US$1=RM4.03) in short-term sukuk, attracting strong and diversified demand from investors across its network of Islamic financial institutions.
By M.Saraswathi
KUALA LUMPUR, Sept 1 (Bernama) -- PNB Merdeka Ventures Sdn Bhd is stepping up efforts to attract more global brands from India, China and West Asia to its flagship Menara Merdeka Maybank, chief executive officer Datuk Izwan Hasli Mohd Ibrahim said, citing the building’s strong commercial value.
KUALA LUMPUR, Aug 25 (Bernama) -- Asia-Pacific airlines are strengthening their defences against industry headwinds by continuing to invest heavily in fuel-efficient aircraft, supported by long-term demand prospects, lower debt following the pandemic and a diverse funding mix, S&P Global Ratings said.
KUALA LUMPUR, Aug 20 (Bernama) -- Co-opbank Pertama Bhd (CBP) has completed the inaugural issuance of RM500 million in Structured Covered Sukuk Wakalah through its special purpose vehicle, Himayah Sukuk Bhd.
PUTRAJAYA, Aug 18 (Bernama) -- Malaysia's impressive economic growth in the first half of the year, which exceeded Bank Negara Malaysia's 2026 gross domestic product (GDP) projection of four to five per cent, demonstrates the resilience of the country's economy.
KUALA LUMPUR, Aug 17 (Bernama) -- Global credit rating agency, AM Best has withdrawn the credit ratings of Malaysia’s Zhibao Labuan Reinsurance Company Limited (Zhibao Re), as the company has chosen not to participate in AM Best’s interactive rating process for the time being, in light of an investor transition.
KUALA LUMPUR, Aug 17 (Bernama) -- IDFC FIRST Bank, one of India's fast-growing private banks, has received its inaugural international investment-grade issuer credit ratings from S&P Global Ratings, with a ‘BBB-’ long-term rating and ‘A-3’ short-term rating, both with a stable outlook.
KUALA LUMPUR, Aug 7 (Bernama) -- The Fortegra Group Inc (Fortegra), a global speciality insurer and part of DB Insurance Co Ltd, has received ratings upgrades from AM Best and KBRA following its acquisition by the South Korean insurer.
KUALA LUMPUR, July 29 (Bernama) -- RegASK, the agentic artificial intelligence (AI)-native regulatory platform, has highlighted its EcoVadis Committed badge, reinforcing its commitment to sustainability, ethics, and responsible business practices.
