PETALING JAYA: AmBank (M) Bhd’s proposed RM500mil Tier-1 capital securities programme has been assigned an A3 long-term rating by RAM Rating Services Bhd.
This reflects the gradual advancement in the bank’s fundamentals after the entry of Australia and New Zealand Banking Group Ltd in May 2007 as a strategic partner and substantial partner of the bank’s parent, AMMB Holdings Bhd.
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