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| General Rating |
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| Long Term |
AA2 [Reaffirmed] |
| Short Term |
P1 [Reaffirmed] |
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| Rating Review |
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RAM has reaffirmed the respective long and short term Financial Institution Rating of AA2 and P1, for The Royal Bank of Scotland Berhad.
RBS now seeks to continuously grow the Bank's dedicated wholesale-banking business, targetting top-tier medium to large business, while simultaneously diversifying into the preferred banking segment. In a bid to execute its strategies, the Bank has set up additional 2 branches, beefed up its work force and raised new Tier II Capital. Meanwhile, given the encouraging progress in the local Islamic banking, RBS has obtained Bank Negara Malaysia's approval to operate an Islamic banking window. With firm support from the Group - in terms of franchise, expertise, product diversity and network reach - this development augurs well for RBS in the long run. |
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