AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Lahore, June 08, 2016 (PPI-OT):Pursuant to the updated Asset Manager Rating Methodology and Rating Scale, The Pakistan Credit Rating Agency (PACRA) has harmonized asset manager ratings to the new scale. Harmonized ratings for the respective companies are given in the table below:
Company New Rating Previous Rating NBP Fullerton Asset Management AM2++ AM2+ MCB Arif Habib Savings and Investments AM2++ AM2+ National Investment Trust AM2+ AM2 Alfalah GHP Investment Management AM2 AM2- Atlas Asset Management AM2 AM2- Lakson Investment AM2 AM2- Habib Asset Management AM3+ AM3 AKD Investment Management AM3+ AM3 BMA Asset Management AM3 AM3- First Capital Investments AM4++ AM4+
* Outlook on all the rating is stable.
For more information, contact:
Hammad Rashid
Analyst
The Pakistan Credit Rating Agency Limited (PACRA)
Awami Complex, FB1, Usman Block New Garden Town,
Lahore – Pakistan
Tel: +9242 586 9504 -6
Fax: +9242 583 0425
Email: hammad.rashid@pacra.com
Web: www.pacra.com