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Asia's leading credit rating agency envisions larger footprint in GCC

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Asia's leading credit rating agency, RAM Rating Services Berhad (RAM Ratings) envisions greater presence in the Gulf Cooperation Council (GCC) Countries.

As part of the Malaysia International Islamic Financial Centre (MIFC) Roadshow to Bahrain from 14 to 15 October, RAM Ratings is exploring further collaborations between the regions, particularly in the areas of Islamic finance. It foresees demand for capital in both Manama and Kuala Lumpur rising in step with the rebound in the global economy.

"As gateways to the fast growing regions, Manama and Kuala Lumpur can offer linkages between the GCC and Malaysia to provide funding and investment opportunities and enhance market reach,"

said Mrs Liza Mohd Noor, RAM Ratings chief executive officer.

Since its inception, RAM Ratings has ventured into countries such as Sri Lanka, Bangladesh and Kazakhstan, providing an array of services from credit ratings, training, technical assistance and transfer of expertise

RAM Ratings was incorporated in 1990 as the pioneer credit rating agency in Malaysia, and has been voted as the top domestic rating agency in the Asia Pacific region by Asian Development Bank, and also named the most influential rating agency in the region.
Mrs Liza Mohd Noor, RAM Ratings chief executive officer.
Mrs Liza Mohd Noor, RAM Ratings chief executive officer.
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Rana Mesbah Posted by Rana Mesbah
Monday, October 12 - 2009 at 16:46 UAE local time (GMT+4)

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Notes and Media Contacts »

About RAM Rating Services Berhad:
RAM Ratings, a leading credit-rating agency in Asia, was incorporated in 1990 as the pioneer of the Malaysian capital market in this sphere. RAM Ratings' portfolio encompasses a vast range of local and foreign corporates, multinationals, Islamic and conventional banks, takaful and insurance companies, government-linked and other public-financed entities, myriad complex investment vehicles and the ringgit-denominated securities they issue, structured-finance transactions backed by receivables or other financial assets, and sukuk. As one of the region's most experienced rating agencies, RAM Ratings is a leader in the provision of crucial and independent credit opinions that are sought after by market participants as regards their investment and financial decisions.

RAM Ratings is a public limited company and is wholly-owned by RAM Holdings Berhad. Its ultimate shareholders comprise major financial institutions in Malaysia, Asian Development Bank and Fitch Ratings.


Contact:
Chin Jo Sie
Head, Client Relationship Management
RAM Ratings - Malysia
T: +603 7628 1054

Balazs Garamvolgyi
BE International Bahrain
T: +973 39944678

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