Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has announced that it is maintaining the long-term entity ratings for Soneri Bank Limited's Tier 1 Term Finance Certificates (TFC) at 'A'. The outlook for these ratings remains stable.

According to The Pakistan Credit Rating Agency Limited, the decision to maintain the ratings reflects the bank's consistent performance and financial stability over the review period. The ratings were previously affirmed in June 2024 and have been sustained as of December 2024. The short-term rating remains unassigned, and there is no rating watch in effect.

The ratings serve as an indicator of the bank's creditworthiness and financial health, providing investors and stakeholders with insights into the bank's capacity to meet its financial commitments.