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
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