Lahore, June 30, 2015 (PPI-OT): The Pakistan Credit Rating Agency Limited (PACRA) has maintained the long-term and short-term entity ratings of HUM Network Limited (HNL) at “A+” (Single A Plus) and “A1″ (A One) respectively. Meanwhile, “Positive Outlook” has been assigned to these ratings. These ratings denote a low expectation of credit risk emanating from ...

Lahore, June 30, 2015 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has assigned the IFS rating of “AA+” (Double A plus) to EFU General Insurance Limited (EFU General). The rating denotes very strong capacity of the company to meet policyholder and contract obligations. EFU Group has leading presence in all dimensions of insurance industry – ...

Karachi, June 30, 2015 (PPI-OT):JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the entity ratings of Askari Bank Limited (AKBL) at ‘AA/A-1+’ (Double A/A-One Plus). Ratings assigned to both instruments of AKBL – 4th (fourth) Issue of Tern Finance Certificate (TFC-IV) and 5th (fifth) Issue of Term Finance Certificate (TFC-V) – have also been reaffirmed ...

Karachi, June 30, 2015 (PPI-OT):JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has reaffirmed the entity ratings of Sindh Bank Limited (SBL) at ‘AA/A-1+’ (Double A/A-One Plus). Outlook on the assigned ratings is ‘Stable’. The previous rating action was announced on December 23, 2014. SBL is a wholly owned entity of the Government of Sindh (GoS) through ...

Karachi, June 30, 2015 (PPI-OT):JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the entity ratings of The Bank of Khyber (BoK) at ‘A/A-1’ (Single A/A One) with ‘Stable’ Outlook. The ratings take into account more than two thirds holding of the Government of Khyber Pakhtunkhwa (KPK) in BoK. The bank continues to receive implicit support ...

Karachi, June 30, 2015 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the entity ratings of United Bank Limited (UBL) at ‘AA+/A-1+’ (Double A Plus/A-One Plus). Outlook on the assigned ratings is ‘Stable’. The previous rating action was announced on June 24, 2014. Ratings of UBL reflect its diversified franchise which has allowed the ...

Karachi, June 30, 2015 (PPI-OT): JCR-VIS Credit Rating Company Ltd. has maintained the entity ratings of Dubai Islamic Bank Pakistan Limited (DIBPL) at ‘A+/A-1’ (Single A Plus/A-One). Outlook on the assigned rating has been revised from ‘Stable’ to ‘Positive’. The previous rating action was announced on June 30, 2014. Ratings assigned to DIBPL take into ...