The Malaysian Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016
- Published: February 2012
Abstract
The ratings on CIMB Investment Bank Bhd. (CIMBIB) reflect the bank's strong domestic franchise as a leading investment bank in Malaysia, as well as its track record of good, albeit volatile, profitability. The ratings also incorporate the implicit support CIMBIB receives as a core operating entity of its parent, CIMB Group Holding Bhd. (CIMBG; BBB-/Stable/A-3). The bank's inherently volatile income stream due to its reliance on capital markets tempers these strengths. CIMBG is a well-diversified financial holding company listed on Bursa Malaysia, the Malaysian stock exchange. It effectively owns 100% of CIMBIB and nearly 100% of CIMB Bank Bhd. (BBB+/Stable/A-2), the third-largest commercial bank in the country. CIMBIB is a fully licensed investment bank focusing on three core businesses: financial...
Companies mentioned in this report are: CIMB Investment Bank Bhd.
Action: Review
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CIMB Investment Bank Bhd.
| Format | Properties | |
|---|---|---|
| Electronic | The report will be emailed to you. |