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Tag Archives: The Pakistan Credit Rating Agency Limited (PACRA)

PACRA assigns Broker Management Rating to Arif Habib Limited

Lahore, January 16, 2018 (PPI-OT):Broker Management Rating of Arif Habib Limited captures its leading position in the country’s brokerage industry emanating from established franchise, deep relationship with diverse customer base, and strong system share. This is underpinned by its well-developed …

Pakistan Credit Rating Agency maintains Ratings of Standard Chartered Bank Limited

Lahore: The Pakistan Credit Rating Agency (PACRA) has maintained the long-term rating of “AAA” (Triple A), and the short-term rating of “A1+” (A One Plus) of Standard Chartered Bank (Pakistan) Limited (SCBPL). Meanwhile, the rating of the bank’s listed, subordinated TFCs have been maintained at “AAA” (Triple A). These ratings denote the lowest expectation of credit risk emanating from an exceptionally strong capacity for timely payment of financial commitments. The ratings reflect SCBPL’s association with a financially sound and reputed […]

Pakistan Credit Rating Agency Maintains Ratings of Askari Bank Limited

Lahore: The Pakistan Credit Rating Agency (PACRA) has maintained the long-term and short-term entity ratings of Askari Bank Limited (AKBL) at AA (Double A) and A1+ (A one plus), respectively. The ratings of three unsecured and subordinated TFC issues (PKR 1,500mln, PKR 1,500mln, PKR 3,000mln) have also been maintained at “AA-” (Double A Minus).These ratings denote a very low expectation of credit risk emanating from a very strong capacity for timely payment of financial commitments. The ratings reflect AKBL’s strong […]