Moody's: Merger positive for RHB, MBSB but uncertain for CIMB

KUALA LUMPUR: Moody's Investors Service expects the proposed merger among CIMB Group, RHB Capital and Malaysia Building Society Bhd (MBSB) to be credit positive for RHB Cap and MBSB.

It said on Wednesday RHB Cap and MBSB's credit profiles would likely benefit from CIMB's support and being part of a larger and financially stronger banking group.