Page 160 - Bank-Muamalat-Annual-Report-2021

158 BANK MUAMALAT MALAYSIA BERHAD
ABOUT US OUR LEADERSHIP OUR STRATEGY OUR PERFORMANCE

Directors’ rePort

PROsPecTs (cONT’D.)

The Bank will continue to operate efficiently to better manage capital and liquidity by maintaining prudent credit risk management,
proactively manage any potential stress in asset quality and implement intensive recovery plan. The Bank will also ensure effective
Risk and Compliance Management programmes are in place for a more robust enforcement of regulatory requirements throughout
its operation.
Adapting to the vast changes in the business environment, the Bank has placed greater emphasis on strengthening the business
through its new 5-Year strategic plan by intensifying digitalization effort, continuous expansion of its customer base and service
efficiency. The Bank is committed to a sustainable growth through the continuous adoption of value-based intermediation initiatives
in building stakeholders’ confidence and value.

Moving forward, underpinned by the positive momentum in 2021 and coupled with digital and technology capabilities, the Bank
anticipates a better performance for 2022.

rating by external rating agencies
Details of the Bank’s ratings are as follows:

Rating Agency Date classification Rating

RAM Rating Services Berhad May 2021 Long term A2
Short term P1
Subordinated Sukuk A3
Outlook Stable
Malaysia Rating Corporation Berhad December 2021 Long term A
Short term MARC-1
Senior Sukuk A
Outlook Stable