Research Update: RHB Bank Bhd. 'BBB+/A-2' Rating Affirmed On Revised Criteria; Outlook Is Stable Dec 11
- Language: English
- Published: December 2011
Improved earnings and asset quality from successful execution of transformation strategy Adequate capitalization and prudent capital management policies Pressure on interest margins due to steep competition in the Malaysian banking sector Above average loan growth might lead to higher credit costs unless properly managed Standard & Poor's Ratings Services bases its ratings on RHB Bank Bhd. on the bank's "adequate" business position, "adequate" capital and earnings, "adequate" risk position, "average" funding and "adequate" liquidity, as defined in our criteria. The stand-alone credit profile (SACP) is 'bbb'. Our bank criteria use the BICRA economic risk and industry risk scores to determine a bank's anchor, the starting point in assigning an ICR. Our anchor for a bank operating only in Malaysia is...
Companies mentioned in this report are:
- RHB Bank Bhd.
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- RHB Bank Bhd.