Monthly Archives: June 2014

JCR-VIS maintains entity ratings of Burj Bank Limited at A/A-1

Karachi, June 30, 2014 (PPI-OT): JCR-VIS Credit Rating Company Limited has maintained the entity ratings of Burj Bank Limited (Burj) at ‘A/A-1’ (Single A/A-One). Outlook on the assigned rating has been revised from ‘Stable’ to ‘Negative’. Net equity of Burj is below the regulatory requirement of Rs. 10b stipulated by the State Bank of Pakistan ...

The post JCR-VIS maintains entity ratings of Burj Bank Limited at A/A-1 appeared first on Business News Pakistan.

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JCR-VIS reaffirms entity ratings of Pakistan Kuwait Investment Company (Pvt) Limited at AAA/A-1+

Karachi, June 30, 2014 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the entity ratings of Pakistan Kuwait Investment Company (Private) Limited (PKIC) at ‘AAA/A-1+’ (Triple A/A-One Plus). Outlook on the ratings is ‘Stable’. The ratings assigned to PKIC incorporate the joint venture shareholding structure of the company with Government of Pakistan and Government ...

The post JCR-VIS reaffirms entity ratings of Pakistan Kuwait Investment Company (Pvt) Limited at AAA/A-1+ appeared first on Business News Pakistan.

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Pakistan Credit Rating Agency maintains ratings of Bank Alfalah Limited

Lahore, June 30, 2014 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has maintained the long-term and short-term entity ratings of Bank Alfalah Limited (BAFL) at “AA” (Double A) and “A1+” (A one plus) respectively. The ratings of two unsecured subordinated TFCs issues of PKR 5bln each have been maintained at “AA-” (Double A minus). These ...

The post Pakistan Credit Rating Agency maintains ratings of Bank Alfalah Limited appeared first on Business News Pakistan.

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