Day: June 30, 2021

Karachi, June 30, 2021 (PPI-OT):VIS Credit Rating Company Limited notes that State Bank of Pakistan has granted extension to Silk Bank Limited (Silk) till June 30, 2021 for finalizing and publishing its annual accounts for the year ended December 31, 2020 and first quarterly accounts for the period ended March 31, 2021. Further extension has […]

Karachi, June 30, 2021 (PPI-OT):VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of United Bank Limited (‘UBL’ or ‘the Bank’) at ‘AAA/A-1+’ (Triple A/A-One Plus). Rating of UBL’s Basel III compliant additional Tier-1 (ADT-1) TFC has also been reaffirmed at ‘AA+’ (Double A Plus). Outlook on the assigned ratings is ‘Stable’. The […]

Karachi, June 30, 2021 (PPI-OT):VIS Credit Rating Company Limited (VIS) has upgraded the medium to long-term entity rating of The Bank of Khyber (BoK) from ‘A’ (Single A) to ‘A+’ (Single A Plus) while maintaining short-term rating at ‘A-1’ (A-One). The medium to long-term rating of ‘A+’ denotes good credit quality, with adequate protection factors. […]

Karachi, June 30, 2021 (PPI-OT):VIS Credit Rating Company Ltd. (VIS) has reaffirmed the entity ratings of Sindh Bank Limited (SNDB) at ‘A+/A-1’ (Single A Plus/A-One). Outlook on the assigned ratings is ‘Stable’. The long term rating of ‘A+’ signifies good credit quality and adequate protection factors. Risk factors may vary with possible changes in the […]

Karachi, June 30, 2021 (PPI-OT):VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Dubai Islamic Bank Pakistan Limited (‘DIBPL’ or ‘the Bank’) at ‘AA/A-1+’ (Double A/A-One Plus). The rating assigned to the Bank’s Tier II Sukuk and Additional Tier-1 (ADT-1) Sukuk has been reaffirmed at ‘AA-’ (Double A Minus) and ‘A+’ (Single […]