Quetta Textile Mills Limited

March, 2012

On March 30, 2012, JCR-VIS Credit Rating Co. Ltd. (JCR-VIS) assigned 'D' rating to the Rs. 1.385 billion Sukuk issue of Quetta Textile Mills Limited QTML) in view of non-payment of full installment...


Amtex Limited

April, 2011

On January 3, 2011, JCR-VIS Credit Rating Co. Ltd. (JCR-VIS) assigned ‘D’ rating to the five year privately placed Sukuk of Rs. 650m, issued by Amtex Limited (Amtex) on account of non-payment...


Wateen Telecom Limited

April, 2011

On October 15, 2010, JCR-VIS Credit Rating Company Limited (JCR-VIS) revised the entity ratings of Wateen Telecom Limited from ‘A/A-2’ (Single A/A-Two) to ‘D’ in view of overdue payments against...


New Allied Electronics Industries (Pvt.) Limited

November, 2009

The defaults on the debt instruments of New Allied Electronics Industries (Pvt.) Limited (NAEIL) can largely be attributed to a drastic plunge in sales of NAEIL following the setting in of recessionary...


Crescent Standard Investment Bank Ltd.

July, 2007

JCR-VIS Credit Rating Co. Ltd. had been rating Crescent Standard Investment Bank Limited till April 2006, when the assigned ratings were suspended due to the fact that in view of disclosures...


Invest Capital Investment Bank Limited

April, 2011

Rating of Investment Capital Investment Bank Limited (Invest Bank) has been outstanding with JCR-VIS Credit Rating Company Limited (JCR-VIS) since June 19, 2008. Given the merger of Al Zamin...


BRR Guardian Modaraba

April, 2011

On July 9, 2010, JCR-VIS Credit Rating Company Limited (JCR-VIS) assigned ‘D’ rating to the entity & Sukuk issue of BRR Guardian Modaraba (BGM) - Sukuk (Musharikah TFC), M/s Bank Alfalah...


Eden Housing Limited

April, 2010

In December 2007, JCR-VIS issued an ‘A’ rating (Single A) with ‘Stable’ outlook to the TFCs of Eden Housing Limited (EHL) which were to be issued in three tranches of Rs. 1.5 billion...


Gharibwal Cement Limited

November, 2009

December 2007, JCR-VIS Credit Rating Company Limited (JCR-VIS) had assigned preliminary medium to long term rating of ‘A-’ (Single A Minus) with ‘Stable’...