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92 eXIM BANK MALAYsIA ANNUAL REPORT 2022

DIRECTORS’ REPORT

sIGNIFICANt AND suBsequeNt eveNts
(a) Rating agencies, Fitch Ratings, Moody’s Investors Service and RAM Ratings have re-affirmed the Bank’s rating during their
annual review as follows:
Rating agencies Date Ratings

Fitch Ratings 26 August 2022 Long-term Foreign Currency Issuer Default Rating: BBB+
Support Rating Floor: BBB+
Senior Unsecured Notes: BBB+
Outlook: Stable

Moody’s Investors Service 11 November 2022 Long-term Foreign Currency Issuer: A3
Senior Unsecured Rating: A3
Long-term Ratings (Exim Sukuk Malaysia Berhad): A3
Outlook: Stable

RAM Ratings 8 December 2022 National Ratings (Long-term): AAA, (Short-term): P1
ASEAN Ratings (Long-term): seaAAA, (Short-term): seaP1
Global Ratings (Long-term): gA2,
(Short-term): gP1
Long-term Global Scale Rating (Exim Sukuk Malaysia Berhad): gA2(s)
Outlook: Stable
There have been no significant adjusting events subsequent to the financial year ended 31 December 2022.

AuDItors AND AuDItors’ reMuNerAtIoN
The auditors, Ernst & Young PLT, have expressed their willingness to continue in office.

Auditors’ remuneration are disclosed in Note 31 (iv) to the financial statements.
Signed on behalf of the Board in accordance with a resolution of the Directors.

Dato’ Azman Mahmud Dato’ Wong Lee Yun
30 March 2023