RAM Ratings

RAM Ratings is the credit-rating brand associated with RAM Group, a Malaysian provider of independent credit ratings and related financial and analytical services. RAM Holdings Berhad says it was established in November 1990, formerly under the name Rating Agency Malaysia Berhad, as the nation’s first credit rating agency and as a catalyst for the domestic debt capital market. In 2007, the group’s rating operations were novated to a newly formed subsidiary, RAM Rating Services Berhad. The wider group describes its work as extending beyond ratings to economic and debt-market research, data and analytics, training, risk analysis, bond pricing and sustainability services. Its website presents credit ratings and rating announcements alongside market commentary, courses and research. The supplied homepage shows announcements concerning ratings for Malaysian corporate and debt-market issuers, including sukuk and other financing instruments. RAM’s sustainability activity is also part of the group’s service offering. RAM Holdings identifies RAM Sustainability Sdn Bhd as a wholly owned subsidiary and describes sustainability ratings, ESG risk assessment, second-party opinions for sustainable financial instruments, advisory work and training. The group says it integrated sustainability advisory and solutions with its existing credit-opinion business under RAM Solutions from 1 March 2023. The supplied material identifies RAM Holdings Berhad as the group-level company and RAM Rating Services Berhad as the subsidiary to which rating operations moved. It does not specify RAM Ratings’ current shareholders, headquarters, chief executives, or detailed geographic footprint beyond its Malaysian and domestic-debt-market context.

RAM’s institutional history begins with the establishment of Rating Agency Malaysia Berhad in November 1990. RAM Holdings Berhad describes the organisation as the country’s first credit rating agency and says it was created as a catalyst for the domestic debt capital market. This origin places the business within the development of Malaysia’s local credit-rating and debt-market services, although the supplied material does not provide details of its founders, early ratings, or specific initial clients. A structural change came in 2007, when the group’s rating operations were novated to a newly formed subsidiary, RAM Rating Services Berhad. RAM Holdings Berhad continued as the group-level entity and describes the RAM Group as providing independent credit ratings alongside research, training, risk analysis, ESG analytics and bond pricing. The supplied sources do not detail the legal or operational terms of the novation beyond identifying its date and the subsidiary receiving the rating operations. The group subsequently developed services beyond conventional credit ratings. RAM Holdings says its wholly owned unit RAM Sustainability Sdn Bhd was established on 31 May 2000 and later built work in areas including economic advisory, risk management, strategic business consultancy, debt restructuring and project advisory. In 2016, RAM Sustainability focused its business on sustainability ratings of companies, assessing performance in environmental, social and governance areas. The source presents that development as part of the wider group’s service history rather than as a founding event for RAM Ratings itself. The group’s description of its business also encompasses economic and debt-market research, data and analytics, sustainability services and training. Its current website features rating announcements and financial-market commentary, including coverage of Malaysian issuers and debt instruments. The available homepage snapshot contains 2026 announcements; these illustrate the site’s rating-announcement activity but do not establish a broader change in the company’s corporate history. From 1 March 2023, RAM Solutions integrated sustainability advisory and solutions with the group’s existing credit-opinion business. RAM Holdings describes this integration as bringing together two core areas and connecting financial sustainability with ESG solutions. The supplied evidence does not identify current shareholders, the group’s headquarters, executives, or a complete chronology of ownership and corporate changes.

• 2023

  Sustainability advisory integrated under RAM Solutions

• 2016

  RAM Sustainability focused on sustainability ratings

• 2007

  Rating operations transferred to RAM Rating Services Berhad

• 1990

  Rating Agency Malaysia Berhad established

An independent Malaysian credit-rating and financial-analysis provider with related research, risk and sustainability capabilities.

• Credit ratings

  Independent ratings for issuers and financial instruments; the website publishes rating announcements.

• Sustainability ratings

  A methodological tool to measure and benchmark companies’ sustainability performance.

• R1ESGo®: Industry & Entity Rating

  An ESG risk-assessment service covering a range of industries.

• Second-party opinions

  Opinions on issuers’ frameworks for green, social, sustainability and sustainability-linked financial instruments against market practices and applicable standards and guidelines.

1. 1About Us - RAM Holdings Berhadram.com.my
2. 2Sustainability - RAM Holdings Berhadram.com.my
3. 3Landing Page - RAM Holdings Berhadram.com.my