Summary: Malayan Banking Berhad Dec 03
Standard & Poors, December 2003
Abstract
The counterparty credit ratings on Malayan Banking Berhad (Maybank) reflect its strong franchise in the Malaysian banking industry, the continued improvement in the bank's performance, in particular its asset quality and capitalization, its strong liquidity, and it being well positioned to benefit from the continued recovery in economic conditions. In line with the industry, Maybank's net interest income (NII) margins, as denoted by its net interest income to average adjusted assets, continue to face some pressure, although it compares relatively well against its regional peers. Maybank's strong profile continues to be enhanced by its robust business franchise within the banking industry, underpinned by its strong market share of 24% and 25% of the industry's loans and deposits, respectively. The bank...
Companies mentioned in this report are: Malayan Banking Bhd.
Action: Review
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
Malayan Banking Bhd.
Customers who bought this item also bought
All rights reserved. © Copyright 2013 Research and Markets WWW5
Terms and Conditions Privacy Policy Publishers Employment Opportunities Site Map Link to us Webmaster Affiliate Network