Tag: Rating

Standard & Poor's cut the US credit rating for the first time in history late Friday, saying the country's politicians were increasingly unable to...

The United States lost its top-tier AAA credit rating from Standard & Poor’s on Friday, hours after investors alarmed by the euro zone debt...

The United States lost its top-tier AAA credit rating from Standard & Poor's on Friday in an unprecedented blow to the world's largest economy...

JCR-VIS Credit Rating Company has upgraded the short-term rating of Samba Bank Limited (Samba) from A to A+ (A to A plus) and reaffirmed...

KARACHI - The Pakistan Credit Rating Agency (PACRA) has maintained the Insurer Financial Strength (IFS) rating of Adamjee Life Assurance Company Limited (ALAC) at "A" (Single A). The rating denotes ALAC's strong capacity to meet policyholder and contract obligations.
At the same time, risk factors are moderate and impact of any adverse business and economic factors is expected to be limited. The rating reflects Adamjee Life's association with financially sound business groups -

KARACHI - The Pakistan Credit Rating Agency (PACRA) has maintained the long-term entity rating of ORIX Leasing Pakistan Limited (OLP) at 'AA' (Double A) and the short-term rating at 'A1+' (A one plus).
Ratings for the term Finance Certificates (TFCs) of Rs 2,500 million and Rs 5,000 million have also been maintained at 'AA+' (Double A plus). These ratings denote a very low expectation of credit risk, emanating from a strong capacity for timely payments of financial commitments.