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Tag Archives: PACRA

Pakistan Credit Rating Agency Limited Maintains Insurer Financial Strength Rating of TPL Direct Insurance Limited

Lahore: The Pakistan Credit Rating Agency (PACRA) has maintained the Insurer Financial Strength (IFS) rating of TPL Direct Insurance Limited (TDIL) at ‘A-‘ (single A minus). The rating denotes strong capacity to meet policyholder and contract obligations. At the same time, risk factors are considered moderate, and the impact of …

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Pakistan Credit Rating Agency Limited Assigns Star Rankings to the Fund of Lakson Investments Limited Period Ended June 30, 2011

Lahore: PACRA has assigned ranking to the following fund of Lakson Investment Limited based on performance for the period ended June 30, 2011 (trailing 12 months for normal star rankings and trailing 36 months for long term star rankings).   Fund Category Star Ranking Short Long Term  Term 1 Lakson …

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Pakistan Credit Rating Agency Limited Maintains Its Rating of Adamjee Life Assurance Company Limited

Lahore: The Pakistan Credit Rating Agency (PACRA) has maintained the Insurer Financial Strength (IFS) rating of Adamjee Life Assurance Company Limited (ALAC) at “A” (Single A). The rating denotes ALAC’s strong capacity to meet policyholder and contract obligations. At the same time, risk factors are moderate, and the impact of …

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Pakistan Credit Rating Agency Limited Assigns Star Rankings to the Eligible Funds of Dawood Capital Management Limited

Lahore: PACRA has assigned rankings to the following funds of Dawood Capital Management Limited based on performance review for the period ended June 30, 2011 (trailing 12 months for normal star rankings and trailing 36 months for long term star rankings).   Fund Category Star Ranking Short Term  Long Term …

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Pakistan Credit Rating Agency Limited Assigns Star Rankings to the Funds of Alfalah GHP Investment Management Limited

Lahore: PACRA has assigned rankings to the following funds of Alfalah GHP Investment Management Limited based on performance review for the period ended June 30, 2011 (trailing 12 months for normal star rankings and trailing 36 months for long term star rankings).   Fund Category  Star Ranking Short Term  Long …

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Pakistan Credit Rating Agency Withdraws Ratings of First Dawood Investment Bank Limited

Lahore: The Pakistan Credit Rating Agency (PACRA) has withdrawn the Entity and TFC ratings of First Dawood Investment Bank Limited (FDIBL) (Entity “D” and TFC “D”). PACRA attempts to keep its rating opinion valid by analyzing relevant information. However, with limited information and distressed profile of the company, it is …

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Pakistan Credit Rating Agency Limited revises ratings of KASB Bank Limited

Lahore: PACRA has revised the long-term and short-term entity ratings of KASB Bank to “BBB” (Triple B)and “A3” (A Three) [Previous: A-/A2] respectively. The ratings denote an adequate capacity of timely payment of financial commitments. The ratings reflect deterioration in the bank’s risk absorption capacity, a consequence of less than …

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