2019 December 31 : AsiaNet-Pakistan

Archive for December 31st, 2019

VIS Reaffirms Management Quality Rating of HBL Asset Management Limited

December 31, 2019 |

Karachi, December 31, 2019 (PPI-OT): VIS Credit Rating Co. Ltd. (VIS) has reaffirmed the Management Quality Rating (MQR) of HBL Asset Management Limited (HBL AMC) at ‘AM2+’ (AM-Two Plus). Outlook on the assigned rating is ‘Positive’. The previous rating action …

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VIS Reaffirms Management Quality Rating of ABL Asset Management Company Limited

December 31, 2019 |

Karachi, December 31, 2019 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the Management Quality Rating (MQR) of ABL Asset Management Company (ABL AMC) at “AM2++’ (AM-Two-Double Plus). The medium to long-term rating of ‘AM2++’ exhibits very good management …

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VIS assigns initial ratings to Best Fibres (Private) Limited

December 31, 2019 |

Karachi, December 31, 2019 (PPI-OT): VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings of ‘A-/A-2’ (Single A Minus/A-Two) to Best Fibres (Pvt.) Limited (BFL). The medium to long-term rating of ‘A-’ denotes good credit quality with adequate …

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Ratings of National Power Parks Management Company (Private) Limited

December 31, 2019 |

Karachi, December 31, 2019 (PPI-OT): VIS Credit Rating Company Limited has placed the entity ratings of “AA+/A-1+” (Double A-Plus/A-One Plus) assigned to National Power Parks Management Company (Pvt.) Limited (NPPMCL) under ‘Rating Watch-Developing’ status in the view of planned sale …

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VIS Assigns Initial Entity Ratings to Premier Agencies

December 31, 2019 |

Karachi, December 31, 2019 (PPI-OT): VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings of ‘BBB+/A-2’ (Triple B Plus /A-Two) to Premier Agencies (PA). The long term rating of BBB+ signifies adequate credit quality; protection factors are reasonable …

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VIS Reaffirms Entity Ratings of Muller and Phipps Pakistan Private Limited

December 31, 2019 |

Karachi, December 31, 2019 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed entity ratings of Muller and Phipps Pakistan Private Limited (M and P) at ‘A+/A-1’ (Single A plus /A-One). Outlook on the assigned ratings is stable. Previous rating …

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VIS Assigns Entity Ratings to Cine Star (SMC-Private) Limited

December 31, 2019 |

Karachi, December 31, 2019 (PPI-OT): VIS Credit Rating Company Limited has assigned initial entity ratings of ‘A-/A-2’ (Single A Minus/A-Two) to Cine Star (SMC-Private) Limited (Cine Star). Long term entity rating of ‘A-’ reflects good credit quality; protection factors are …

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VIS Assigns Initial Entity Ratings to Agility Logistics (Private) Limited

December 31, 2019 |

Karachi, December 31, 2019 (PPI-OT): VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings of ‘A/A-2’ (Single A/A-Two) to Agility Logistics (Pvt.) Limited (ALPL).Outlook on the assigned ratings is ‘Stable’. The long term rating of ‘A’ signifies good …

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VIS Reaffirms Entity Ratings to Al-Ghazi Tractors Limited

December 31, 2019 |

Karachi, December 31, 2019 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has reaffirmed entity ratings of ‘A/A-1’ (Single A/A-One) to Al-Ghazi Tractors Limited (AGTL). Long Term Rating of ‘A’ reflects good credit quality and adequate protection factors. Risk factors may …

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VIS Reaffirms Entity Ratings of Cyan Limited

December 31, 2019 |

Karachi, December 31, 2019 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Cyan Limited (CL) at ‘A/A-1’ (Single A/A-One). The long-term rating signifies good credit quality with adequate protection factors. Risk may vary slightly from …

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VIS Reaffirms IFS Rating of The Co-operative Insurance Society of Pakistan Limited

December 31, 2019 |

Karachi, December 31, 2019 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the Insurer Financial Strength (IFS) rating of The Co-operative Insurance Society of Pakistan Limited (CISPL) at ‘BB’ (Double B). The IFS rating of ‘BB’ denotes obligations deemed …

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VIS Reaffirms IFS Rating of Reliance Insurance Company Limited

December 31, 2019 |

Karachi, December 31, 2019 (PPI-OT): VIS Credit Rating Company Limited has reaffirmed the Insurer Financial Strength Rating of Reliance Insurance Company Limited (RICL) at ‘A’ (Single A). Outlook on the assigned ratings is ‘Positive’. The rating signifies high capacity to …

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