MIDF receives A1 rating from RAM

RAM Ratings has assigned corporate credit ratings (CCRs) of A1/Stable/P1 to Malaysian Industrial Development Finance Berhad (MIDF or the Group), while MIDF Amanah Investment Bank Berhad has been accorded financial institution ratings of A1/Stable/P1.

Separately, RAM has also assigned a Silver2 (S2) Sustainability Rating to MIDF for its strong corporate governance, contribution towards supporting SMEs, and its role within the capital market in developing green and sustainable finance.

RAM’s press releases can be viewed via the following links - Credit rating and ESG rating