Name Date Rating Type Long Term Short Term Outlook Action
Pearl Securities Limited 2/16/2017
Entity
BBB
   A-3
Negative
Maintained
Bank Alfalah Ltd. 2/14/2017
Entity
AA+
   A-1+
Stable
Initial
Askari General Insurance Company Limited 2/6/2017
IFS
AA-
  
Stable
Upgrade
Indus Dyeing & Manufacturing Co Limited 1/26/2017
Entity
A+
   A-1
Stable
Reaffirmed
Takaful Pakistan Limited 1/23/2017
IFS
BBB+
  
Stable
Reaffirmed
Pak-Kuwait Takaful Company Limited 1/20/2017
IFS
  
Suspended
Linde Pakistan Limited 1/19/2017
Entity
A
   A-2
Stable
Note
Sindh Modaraba 1/16/2017
Entity
A+
   A-1
Stable
Initial
International Industries Limited 1/13/2017
Entity
AA-
   A-1
Stable
Initial
International Steels Limited 1/13/2017
Entity
A+
   A-1
Stable
Initial
Rating Process
In order to provide independent evaluations of their credit-worthiness or the credit risk of their debt issue, an entity may choose to have a credit rating assigned to themselves. A step-by-step process is followed to fully assess the issuer’s credit quality and arrive at a rating.Read More
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Understanding Ratings
A credit rating is an assessment of the ability and willingness of an entity to fulfill its financial commitments. It is a measure of the credit worthiness of an issuer and can be used by investors to help make investment decisions when comparing different issuers and debt issues.