| Sr.No | Entity | Sector | Rating Type | Dissemination Date |
Action | Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 1 | NRSP Microfinance Bank Limited Press Release | Report | History |
Banks | Entity | 15-May-24 | Maintain | A- | Stable | Yes |
| 2 | Infra Zamin Pakistan Limited Press Release | Report | History |
Non Banking Financial Institutes | Entity | 02-May-24 | Maintain | AAA | Stable | - |
| 3 | Mobilink Microfinance Bank Limited Press Release | Report | History |
Banks | Entity | 30-Apr-24 | Maintain | A | Stable | - |
| 4 | Telenor Microfinance Bank Limited Press Release | Report | History |
Banks | Entity | 30-Apr-24 | Maintain | A | Stable | Yes |
| 5 | ASA Microfinance Bank (Pakistan) Limited (Formerly ASA Pakistan Limited) Press Release | Report | History |
Banks | Entity | 29-Apr-24 | Maintain | BBB+ | Positive | - |
| 6 | AGAHE Pakistan Press Release | Report | History |
Banks | Entity | 26-Apr-24 | Maintain | BBB- | Positive | - |
| 7 | Union Microfinance Company Limited Press Release | Report | History |
Banks | Entity | 26-Apr-24 | Maintain | BB+ | Stable | Yes |
| 8 | Alfalah CLSA Securities (Pvt.) Limited
Press Release | Report | History |
Capital Markets | Entity | 23-Apr-24 | Maintain | A- | Stable | Yes |
| 9 | Optimus Capital Management (Pvt.) Limited Press Release | Report | History |
Capital Markets | Entity | 05-Apr-24 | Maintain | A- | Stable | - |
| 10 | Sindh Microfinance Bank Limited Press Release | Report | History |
Banks | Entity | 29-Mar-24 | Maintain | A- | Stable | - |
| 11 | SAFCO Microfinance Company (Private) Limited Press Release | Report | History |
Banks | Entity | 28-Mar-24 | Maintain | BBB | Stable | - |
| 12 | JWS Pakistan Press Release | Report | History |
Banks | Entity | 28-Mar-24 | Maintain | BBB | Stable | - |
| 13 | The Punjab Provincial Cooperative Bank Limited Press Release | Report | History |
Banks | Entity | 19-Mar-24 | Initial | BBB+ | Stable | - |
| 14 | Aba Ali Habib Securities (Pvt.) Limited Press Release | Report | History |
Capital Markets | Entity | 15-Mar-24 | Maintain | A- | Stable | - |
| 15 | OLP Financial Services Pakistan Limited (Formerly ORIX Leasing Pakistan Limited) Press Release | Report | History |
Non Banking Financial Institutes | Entity | 01-Mar-24 | Maintain | AA+ | Stable | - |
| 16 | OLP Modaraba (Formerly ORIX Modaraba) Press Release | Report | History |
Non Banking Financial Institutes | Entity | 01-Mar-24 | Maintain | AA | Stable | - |
| 17 | Kashf Foundation Press Release | Report | History |
Banks | Entity | 23-Feb-24 | Upgrade | A | Stable | - |
| 18 | FINCA Microfinance Bank Limited Press Release | Report | History |
Banks | Entity | 23-Feb-24 | Downgrade | BBB+ | Negative | Yes |
| 19 | ISE Towers REIT Management Company Limited Press Release | Report | History |
Non Banking Financial Institutes | Entity | 05-Jan-24 | Maintain | A | Stable | - |
| 20 | JS Bank Limited Press Release | Report | History |
Banks | Entity | 29-Dec-23 | Maintain | AA- | Positive | - |
| 21 | HBL Microfinance Bank Limited Press Release | Report | History |
Banks | Entity | 28-Dec-23 | Maintain | A+ | Stable | - |
| 22 | EFG Hermes Pakistan Limited Press Release | Report | History |
Capital Markets | Entity | 21-Dec-23 | Maintain | A- | Developing | Yes |
| 23 | JS Global Capital Limited Press Release | Report | History |
Capital Markets | Entity | 14-Dec-23 | Maintain | AA | Stable | - |
| 24 | Ismail Iqbal Securities (Pvt.) Limited Press Release | Report | History |
Capital Markets | Entity | 28-Nov-23 | Initial | A- | Stable | - |
| 25 | KTRADE Securities Limited Press Release | Report | History |
Capital Markets | Entity | 22-Nov-23 | Maintain | A- | Stable | - |
| 26 | Orient Rental Modaraba Press Release | Report | History |
Non Banking Financial Institutes | Entity | 27-Oct-23 | Maintain | A- | Stable | - |
| 27 | Thardeep Microfinance Foundation Press Release | Report | History |
Banks | Entity | 26-Sep-23 | Downgrade | BBB- | Stable | - |
| 28 | First Habib Modaraba Press Release | Report | History |
Non Banking Financial Institutes | Entity | 22-Sep-23 | Maintain | AA+ | Stable | - |
| 29 | First Punjab Modaraba Press Release | Report | History |
Non Banking Financial Institutes | Entity | 20-Sep-23 | Maintain | A- | Stable | - |
| 30 | Escorts Investment Bank Limited Press Release | Report | History |
Non Banking Financial Institutes | Entity | 19-Sep-23 | Downgrade | BBB+ | Negative | - |
| 31 | Trust Securities & Brokerage Limited Press Release | Report | History |
Capital Markets | Entity | 19-Sep-23 | Maintain | A- | Stable | - |
| 32 | Dawood Equities Limited Press Release | Report | History |
Capital Markets | Entity | 19-Sep-23 | Maintain | A- | Stable | - |
| 33 | U Microfinance Bank Limited Press Release | Report | History |
Banks | Entity | 15-Sep-23 | Maintain | A+ | Stable | - |
| 34 | Apna Microfinance Bank Limited Press Release | Report | History |
Banks | Entity | 27-Jul-23 | Downgrade | BBB- | Negative | Yes |
| 35 | National Rural Support Programme Press Release | Report | History |
Banks | Entity | 17-Jul-23 | Initial | A- | Stable | - |
| 36 | Samba Bank Limited Press Release | Report | History |
Banks | Entity | 06-Jul-23 | Initial | AA | Stable | - |
| 37 | GuarantCo Limited Press Release | Report | History |
Non Banking Financial Institutes | Entity | 27-Jun-23 | Maintain | AAA | Stable | - |
| 38 | Bank of Khyber Press Release | Report | History |
Banks | Entity | 27-Jun-23 | Maintain | A+ | Stable | - |
| 39 | First Women Bank Limited Press Release | Report | History |
Banks | Entity | 27-Jun-23 | Maintain | A- | Developing | Yes |
| 40 | The Bank of Punjab Press Release | Report | History |
Banks | Entity | 26-Jun-23 | Maintain | AA+ | Stable | - |
| 41 | Pakistan Kuwait Investment Company (Pvt.) Limited Press Release | Report | History |
Development Institutions | Entity | 26-Jun-23 | Maintain | AAA | Stable | - |
| 42 | Pak-Libya Holding Company (Pvt.) Limited Press Release | Report | History |
Development Institutions | Entity | 24-Jun-23 | Maintain | AA- | Positive | - |
| 43 | BankIslami Pakistan Limited Press Release | Report | History |
Banks | Entity | 24-Jun-23 | Upgrade | AA- | Stable | - |
| 44 | Bank Alfalah Limited Press Release | Report | History |
Banks | Entity | 24-Jun-23 | Maintain | AA+ | Stable | - |
| 45 | Bank AL Habib Limited Press Release | Report | History |
Banks | Entity | 23-Jun-23 | Maintain | AAA | Stable | - |
| 46 | Askari Bank Limited Press Release | Report | History |
Banks | Entity | 23-Jun-23 | Maintain | AA+ | Stable | - |
| 47 | Soneri Bank Limited Press Release | Report | History |
Banks | Entity | 23-Jun-23 | Maintain | AA- | Stable | - |
| 48 | Faysal Bank Limited Press Release | Report | History |
Banks | Entity | 23-Jun-23 | Maintain | AA | Stable | - |
| 49 | MCB Bank Limited Press Release | Report | History |
Banks | Entity | 23-Jun-23 | Maintain | AAA | Stable | - |
| 50 | Habib Metropolitan Bank Limited Press Release | Report | History |
Banks | Entity | 23-Jun-23 | Maintain | AA+ | Stable | - |
| 51 | National Bank of Pakistan Press Release | Report | History |
Banks | Entity | 23-Jun-23 | Maintain | AAA | Stable | - |
| 52 | Standard Chartered Bank (Pakistan) Limited Press Release | Report | History |
Banks | Entity | 23-Jun-23 | Maintain | AAA | Stable | - |
| 53 | Allied Bank Limited Press Release | Report | History |
Banks | Entity | 23-Jun-23 | Maintain | AAA | Stable | - |
| 54 | MCB Islamic Bank Limited Press Release | Report | History |
Banks | Entity | 23-Jun-23 | Maintain | A | Stable | - |
| 55 | PAIR Investment Company Limited Press Release | Report | History |
Development Institutions | Entity | 23-Jun-23 | Maintain | AA | Stable | - |
| 56 | Pakistan Microfinance Investment Company Limited Press Release | Report | History |
Development Institutions | Entity | 23-Jun-23 | Maintain | AA | Stable | Yes |