RAM Ratings reaffirmed the ratings of Malayan Banking Bhd., also known as Maybank, as well as those of its units Maybank Investment Bank Bhd. and Maybank Islamic Bhd.

The rating agency said Dec. 14 that it affirmed Maybank's ASEAN-scale financial institution ratings at seaAAA/Stable/seaP1 and Malaysian national-scale financial institution ratings at AAA/Stable/P1.

The affirmation reflects the group's strong ASEAN franchise, solid capitalization, diversified earnings base and deposit funding strength in Malaysia.

The rating agency also affirmed the financial institution ratings of both Maybank Investment Bank and Maybank Islamic at AAA/Stable/P1, based on their strategic importance to the group and expectations of ready parental support for both units, if needed.