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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.
