KUALA LUMPUR: RAM Ratings has reaffirmed the respective long and short-term ratings of Sabah Development Bank Bhd (SDB) RM1bil medium-term notes (MTN) and commercial paper (CP) programme (2011/2031), as well as its RM1bil MTN (2008/2028) and RM500mil CP (2008/2015) programme at AA1 and P1.
All the long-term ratings have a stable outlook.
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