Latest news with #WanRazlyAbdullah
New Straits Times
24-07-2025
- Automotive
- New Straits Times
Affin offers special access to Aston Martin under new partnership
KUALA LUMPUR: Affin Group's high-net-worth customers can now enjoy exclusive pricing on Aston Martin's luxury vehicles and flexible financing of up to nine years, under a new partnership with Aston Martin Kuala Lumpur. Launched in conjunction with Affin's 50th anniversary, the offer includes selected models such as the newly launched DB12 Super Grand Tourer and the high-performance DBX707 SUV. It comes with tailored loan solutions offering margins of up to 90 per cent, making Aston Martin ownership more accessible than ever for Malaysia's discerning clientele. Affin president and group chief executive officer Datuk Wan Razly Abdullah said the partnership reflects the bank's ambition to go beyond traditional financial services. "As we celebrate this golden milestone, we are proud to go beyond traditional banking by delivering moments that resonate, inspire, and elevate," he said. "This first-of-its-kind partnership in Malaysia unites two iconic brands in a shared pursuit of distinction, offering bespoke lifestyle experiences tailored for the nation's most discerning clientele." The initiative also aligns with Affin's Axelerate 2028 strategy, which emphasises unrivalled customer service and meaningful engagements, especially for the group's ultra-high-net-worth customer segment. Aston Martin Kuala Lumpur general manager Chris Chia said the collaboration represents a reimagining of luxury ownership in Malaysia. "This collaboration redefines luxury mobility in the region, blending Affin's financial acumen with the timeless heritage of the British marque and offering a seamless journey towards extraordinary ownership," he said. To mark the start of the partnership, a flag-off ceremony was held today at Menara Affin, ahead of the curated three-day drive experience titled "An Island Escape with Aston Martin." The journey will see Aston Martin owners and selected Affin Diventium customers travel in style to the luxurious Pangkor Laut Resort, an experience designed to reflect the elegance, performance, and lifestyle that come with owning an Aston Martin.
The Star
11-07-2025
- Business
- The Star
Affin Group achieves MSCI ESG rating upgrade to AA
Affin Bank Bhd president and group chief executive officer Datuk Wan Razly Abdullah KUALA LUMPUR: Affin Bank Bhd has been upgraded from 'A' to 'AA' in the Morgan Stanley Capital International (MSCI) environmental, social and governance (ESG) ratings. In a statement today, the bank noted that the upgrade, published in MSCI's latest ESG ratings report, was largely driven by improvements in its corporate governance practices, including enhanced board oversight, accountability, and transparency, all aligned with global best practices. "According to MSCI's evaluation, the group outperformed industry peers, particularly in areas such as corporate governance, consumer financial protection, and data privacy practices. "The group's approach to cyber security risk mitigation, product transparency, whistleblower policy, as well as business ethics and oversight, was found to be superior or in line with global standards,' it said. President and group chief executive officer Datuk Wan Razly Abdullah said the group is honoured to be recognised by MSCI with an AA rating. "This reflects the tangible progress we have made in embedding sustainability into our operations, culture, and governance. "Sustainability is more than compliance; it is a core driver of how we create value for our stakeholders and ensure long-term resilience,' he said. As part of its ESG-focused strategy, Affin said it continues to introduce purpose-driven products and services such as green financing, ethical investment solutions, and inclusive digital offerings that promote financial well-being and environmental stewardship. "These include recent initiatives under its small and medium enterprises banking portfolio that support social enterprises, climate-conscious borrowers, and underserved communities, delivering both commercial and societal value,' the bank added. - Bernama
New Straits Times
17-06-2025
- Business
- New Straits Times
Affin earns spot on Fortune Southeast Asia 500 list again
KUALA LUMPUR: Affin Group has been named one of Southeast Asia's largest companies by Fortune for the second consecutive year, recognised for its revenue, profit, balance sheet strength, and employee base. Affin Group said in a statement that this achievement strengthens its strategic presence in the region's evolving financial ecosystem. President and group chief executive officer Datuk Wan Razly Abdullah said the group's continued inclusion in the Fortune Southeast Asia 500 list reflects its growing strength and relevance in a rapidly changing financial landscape. Wan Razly said it indicates the group is "not only keeping pace but moving ahead with focused ambition and a clear strategic agenda". "As we commemorate 50 years of Always About You, this milestone reinforces our long-term commitment to value creation. "Guided by the Affin Axelerate 2028 (AX28) Plan, we are advancing with purpose, strengthening client partnerships, unlocking new growth opportunities, and delivering impact where it matters most," he said. Further demonstrating its strong growth, Affin Group recently secured its first international credit rating of A3 with a stable outlook from Moody's Investors Service. The group also successfully debuted in the US dollar bond market, attracting strong global investor demand. The final order book exceeded US$1 billion across 67 investor accounts, representing a 3.5 times oversubscription. These achievements reflect strong investor confidence and affirm Affin's growing credibility in both regional and international markets.
The Star
04-06-2025
- Business
- The Star
Affin Group debuts in US bond market with US$300mil note issue
KUALA LUMPUR: Affin Group made its debut in the US dollar bond market with the issuance of the senior unsecured notes with a nominal value of US$300 million (RM1.27 billion) under its US$2 billion (RM8.46 billion) euro medium term note (EMTN) programme. The bank said in a statement today that the issuance follows the establishment of the EMTN programme and Affin's recent inaugural international credit rating of A3 (Stable) from Moody's Investor Services, Inc. "The notes were priced at 105 basis points (bps) over the five-year US Treasury yield, offering a fixed rate of 5.112 per cent per annum and rated A3 (Stable) by Moody's Investor Services Inc, affirming the bank's robust credit profile and stable outlook. "The issuance attracted strong global demand, with the final order book exceeding US$1 billion across 67 investor accounts, representing 3.5 times oversubscription,' it said. Affin said the distributions geographically comprised 87 per cent to Asia, 11 per cent to Europe, Middle East, and Africa (EMEA), and two per cent to offshore US investors. It said that by investor type, the notes were allocated 72 per cent to asset, fund managers/insurance, 24 per cent to banks, and four per cent to private banks/others. Meanwhile, Affin Group president and group chief executive officer Datuk Wan Razly Abdullah said the bank's debut in the US dollar bond market marks a significant progression in the group's capital markets strategy, drawing strong global investor demand. "The overwhelming response underscores investor confidence in our fundamentals and validates the credibility we have established. "Guided by the Affin Axelerate 2028 (AX28) Plan, the group remains committed to unlocking long-term value through unrivalled customer service, digital leadership and responsible banking with impact,' he added. - Bernama
New Straits Times
04-06-2025
- Business
- New Straits Times
Affin makes first foray into US dollar bond market, raises US$300mil
KUALA LUMPUR: Affin Group has raised US$300 million through its first-ever US dollar bond issuance, marking a key milestone as it taps into the global capital market. The senior unsecured notes, issued under the group's US$2 billion Euro Medium Term Note (EMTN) programme, drew strong interest from international investors, with demand exceeding US$1 billion, more than three times the offer size. Affin president and group chief executive officer Datuk Wan Razly Abdullah said the deal reflects growing investor confidence in the bank's fundamentals. "The overwhelming response underscores investor confidence in our fundamentals and validates the credibility we have established," he said in a statement. The notes were priced at a fixed rate of 5.112 per cent per annum or 105 basis points above the five-year US Treasury yield. They are rated A3 with a stable outlook by Moody's Investor Services Inc, following Affin's recent international credit rating. Most of the notes were taken up by Asian investors, accounting for 87 per cent, followed by 11 per cent from Europe, the Middle East and Africa and two per cent from offshore US accounts. By investor type, fund managers and insurers took the lion's share at 72 per cent, followed by banks at 24 per cent and private banks and others with four per cent. Affin said the EMTN programme gives it greater flexibility to raise funds in foreign currencies, supporting its broader push to grow internationally. The notes will be listed on the Singapore Exchange. Affin Hwang Investment Bank Bhd, HSBC, MUFG, and Standard Chartered are joint lead managers and bookrunners for the issuance, with DBS Bank Ltd acting as co-manager.
