Moody's affirms A3 issuer ratings of CIMB and entities


The rating agency expects successful execution of CIMB's restructuring to improve its profitability and improve its resilience to operating environment changes.

KUALA LUMPUR: Moody's Investors Service has affirmed the A3 issuer ratings of CIMB Bank Bhd (CIMB), CIMB Islamic Bank Bhd (CIMB Islamic) and CIMB Investment Bank (CIMB IB).

In a statement on Friday, Moody's also affirmed CIMB Group Holdings Bhd's (CIMB Group) Baa1 issuer ratings. The outlook on all ratings on the issuers remain stable.

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