Kota Kinabalu: RAM Rating Services Berhad (RAM) on Tuesday reaffirmed AA1/Stable/P1 ratings of Sabah Development Bank Berhad’s (SDB) debt instruments.
Kota Kinabalu: RAM Rating Services Berhad on Tuesday reaffirmed AA1/Stable/P1 ratings of Sabah Development Bank Berhad’s debt instruments. RAM is the leading and largest credit rating agency in Southeast Asia. The agency publishes credit ratings to give an independent, forward-looking opinion about an issuer’s ability to repay its financial obligations.
SPONSORED CONTENT Shell awards Sabah LiveWIRE winners Kota Kinabalu: Shell has awarded five enterprises as the state winners of Shell LiveWIRE Malaysia 2024, following the Sabah state finals held at Plaza Shell in Kota Kinabalu. . Read more The “Stable” outlook reflects RAM’s expectation that the long-term rating will be unchanged over the immediate term.
“The bank reflects the State’s financial standing and has an important role in the development of the State”.
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