- JCR-VIS represented on the board of ACRAA
- Japan Credit Rating Agency gets NRSRO status
- JCR-VIS to conduct international rating assignments
- Sector Updates
- Summary of Rating Announcements & Ratings Distribution
- Rating Transitions
- Rating Reports
- Presentations & Speeches by JCR-VIS
Rating Reflections (Newsletters & Special Reports)

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Special Report (Nov, 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 effects in the local economy. More...


Newsletter (Oct, 2009)

JCR-VIS Credit Rating Co Ltd. has carried out a study to see how the ratings of the companies operating in Pakistan fared after June 2008 and has issued its first issue of ‘Rating Reflections’ in this regard. More...


Resource Center

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Public Finance Rating Methodology(Oct, 2009)

Public finance – the collection, allocation and expenditure of public resources – is one of the defining functions of a state. A distinguishing feature of the developed world has been the extensive use of municipal bonds (and notes) to provide capital for not only infrastructure projects but also to promote sustainable development over the long term. More...


Capital Protected Funds Rating Methodology (Oct, 2009)

Since the establishment of the mutual fund industry, asset management companies have seen considerable development, including increasing investor awareness, bringing about enhancement in products, offering diversified investment options. One such product that has been on the offer is Capital Protected Funds (CPFs). More...


Life Insurance & Family Takaful Rating Methodology(Jan, 2009)

JCR-VIS has been assigning Insurer Financial Strength Ratings to insurance companies since 1999 and rated its first life insurance company in 2006. The objective of ratings in the life insurance sector is to provide an independent judgment of the company’s ability to pay promised benefits in addition to maintaining its competitive position More...


General Takaful Rating Methodology (Jan, 2009)

The development of Takaful is considered to be vital to the proliferation of Islamic modes of finance, especially since it is now regarded as a viable alternative to conventional insurance. Takaful, as we know it today, dates back to 1979 when the first such company was set up in Sudan. More...


 

    
 Recent Announcements 

   Ratings/Action    

ABL Islamic Cash Fund
7/29/2010  Fund Stability
Press Release / History
  AA(f)   Preliminary
OUTLOOK  
ABL Cash Fund
7/29/2010  Fund Stability
Press Release / History
  AA+(f)   Preliminary
OUTLOOK  
PICIC Income Fund
7/29/2010  Fund Stability
Press Release / History
  A+(f)   Final
OUTLOOK  
First Paramount Modaraba
7/27/2010  Entity
Press Release / History
  BBB-   A-3 Reaffirmed
OUTLOOK   Positive
Orix Leasing Pakistan Ltd.
7/22/2010  Entity
Press Release / History
    Withdrawn
OUTLOOK  
House Building Finance Corporation Limited
7/21/2010  Entity
Press Release / History
  A   A-2 Initial
OUTLOOK   Rating Watch - Developing
Security Papers Ltd.
7/16/2010  CGR
Press Release / History
  CGR-8   Reaffirmed
OUTLOOK  
7/16/2010  Entity
Press Release / History
  AAA   A-1+ Reaffirmed
OUTLOOK   Stable
Security Leasing Corporation Ltd.
7/15/2010  Entity
Press Release / History
    Withdrawn
OUTLOOK  
HBL Money Market Fund
7/15/2010  Fund Stability
Press Release / History
  AA+(f)   Initial
OUTLOOK  
Security Investment Bank Ltd.
7/13/2010  Entity
Press Release / History
  A   A-2 Maintained
OUTLOOK   Negative
Pakistan Security Printing Corporation (Pvt.) Ltd.
7/13/2010  Entity
Press Release / History
  AAA   A-1+ Reaffirmed
OUTLOOK   Stable