Judul : RHB's proposed merger with AMMB not rating negative — yet, says S&P
link : RHB's proposed merger with AMMB not rating negative — yet, says S&P
RHB's proposed merger with AMMB not rating negative — yet, says S&P
KUALA LUMPUR (June 2): S&P Global Ratings said its rating on RHB Bank Bhd (BBB+/Stable/A-2; axA+/axA-1) has not been immediately affected by the bank’s proposed merger with AMMB Holdings Bhd.
“Any rating impact from the potential merger of RHB, and AMMB Holdings — the holding company of AmBank (M) Bhd, would depend on the final terms, including the structure of the merger, pricing, and financial profile of the surviving entity,” the ratings agency said in a statement today.
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