Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Matco Foods Limited at ‘BBB+/A2’, indicating adequate credit quality with reasonable protection factors and good certainty of timely payments. The outlook on the ratings r…
Karachi: VIS Credit Rating Company Limited has issued a preliminary rating of ‘A1 (plim)’ for Matco Foods Limited’s proposed short-term sukuk worth PKR 2,500 million, which includes a Green Shoe Option of up to PKR 1,000 million. This rating suggests …
Karachi: VIS Credit Rating Company Limited (VIS) has announced the withdrawal of the entity rating for Fauji Fertilizer Bin Qasim Limited (FFBL), rated ‘AA+/A1+’ (Double A Plus/A One Plus), following a successful merger with Fauji Fertilizer Company L…
Karachi: Bank AL Habib Limited has successfully maintained its long-term AAA rating for its Tier II TFC VIII debt instrument, as affirmed by The Pakistan Credit Rating Agency Limited (PACRA). The bank’s steady performance is underpinned by its efforts…
Karachi: Bank AL Habib Limited’s long-term rating has been maintained at AA+ by PACRA, reflecting the bank’s ongoing efforts to enhance its market position despite increasing competition.
According to The Pakistan Credit Rating Agency Limited, the …
Karachi: Sindh Microfinance Bank Limited has received an upgrade in its credit ratings, reflecting a robust financial position and consistent profitability. The Pakistan Credit Rating Agency Limited (PACRA) announced the upgrade, which raises the bank…