Page 101 - EXIM-Bank_Annual-Report-2023
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Management Discussion and Analysis Ensuring Sustainability Commitment to Lead Upholding Accountability Financial Statements 99
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 17 August 2023 Long-term Foreign Currency Issuer Default Rating: BBB+
Support Rating Floor: BBB+
Senior Unsecured Notes: BBB+
Outlook: Stable
Moody’s Investors Service 28 November 2023 Long-term Foreign Currency Issuer: A3
Senior Unsecured Rating: A3
Long-term Ratings (Exim Sukuk Malaysia Berhad): A3
Outlook: Stable
RAM Ratings 15 December 2023 Financial Institution Ratings (Long-term): AAA, (Short-term): P1
Long-term Global Scale Rating (Exim Sukuk Malaysia Berhad): gA2(s)
Outlook: Stable (Short-term): gP1
There have been no significant adjusting events subsequent to the financial year ended 31 December 2023.
AuDITorS AND AuDITorS’ rEMuNErATIoN
The auditors, Ernst & Young PLT, have expressed their willingness to continue in office.
Auditors’ remuneration are as follows:
Group Bank
rM’000 rM’000
Ernst & Young 526 526
Signed on behalf of the Board in accordance with a resolution of the Directors.
Dato’ Charon Wardini Mokhzani Dato’ Wong Lee yun
26 March 2024