Karachi, October 25, 2012 (PPI-OT): This is to inform you that JCR VIS Credit Rating Company Limited has issued its credit rating report of Silkbank Limited (SILK). The rating assigned to the Bank is as under:
Short Term A -3 (A-Three)
Long Term A – (Single A Minus)
Further the rating has been placed under “Rating watch/Developing status” on account of developing position on further investment in the equity of the Bank.
For more information, Contact:
Uzman Naveed Chaudhary
Company Secretary/ Head of Investor Relations
and Legal Affairs
Silkbank Limited
Silkbank Building,
I. I. Chundrigar Road,
Karachi – Pakistan
Tel: (021) 111-00-7455
Fax: (021) 32460464
Website: www.silkbank.com.pk