PACRA Logo
 The Pakistan Credit Rating Agency Limited

   
Home  | Contact Us  | 07-Mar-15
Loading
PACRA PUBLISHES ITS RATING TRANSITION STUDY ---Details
Announcement|17-Feb-2015

SECURITY AGENCY GRADING LAUNCH | MD PACRA 'S ADDRESS
Announcement|25-Oct-2014

PACRA INTRODUCES SECURITY AGENCY GRADING IN PAKISTAN
Announcement|25-Oct-2014

SECURITY AGENCY GRADING
Announcement|25-Oct-2014


Ratings|Bank|Entity|27-Feb-2015

PACRA ASSIGNS ENTITY RATINGS TO CHERAT CEMENT COMPANY LIMITED
Ratings|Cement|Entity|24-Feb-2015

PACRA MAINTAINS ENTITY RATINGS OF PAKISTAN NATIONAL SHIPPING CORPORATION
Ratings|Transportation|Entity|17-Feb-2015

TFCS ISSUED BY BANK AL HABIB LIMITED FULLY REDEEMED: RATING WITHDRAWN
Ratings|Bank|Debt Instrument|16-Feb-2015

PACRA UPGRADES RATINGS OF FIRST PUNJAB MODARABA
Ratings|Non Banking Financial Institutes|Entity|13-Feb-2015

PACRA MAINTAINS ENTITY RATINGS OF NATIONAL POWER CONSTRUCTION CORPORATION
Ratings|Engineering|Entity|13-Feb-2015


Ratings|Bank|Entity|12-Feb-2015


Ratings|Insurance|IFS|09-Feb-2015

PACRA MAINTAINS RATINGS OF AUTOSOFT DYNAMICS (PRIVATE) LIMITED; OUTLOOK POSITIVE
Ratings|Technology|Entity|30-Jan-2015

PACRA ASSIGNS PRELIMINARY RATING TO PROPOSED TFC OF SONERI BANK LIMITED
Ratings|Bank|Debt Instrument|29-Jan-2015

All

Entity Industry Rating
Type
Dissemination
Date
Long Term
Rating
Short Term
Rating
Outlook Action Press
Release
Report
Tameer Microfinance Bank Limited Bank Entity 27-Feb-15 A+ A1 Stable Maintain view view
Cherat Cement Company Limited Cement Entity 24-Feb-15 A- A2 Stable Initial view view
Pakistan National Shipping Corporation Transportation Entity 17-Feb-15 AA- A1+ Stable Maintain view view
Bank Al Habib Limited |TFC II| Feb-07 Bank Debt Instrument 16-Feb-15 AA - Withdraw view -
First Punjab Modaraba Modaraba Entity 13-Feb-15 BBB+ A2 Stable Upgrade view view
National Power Construction Corporation (Pvt.) Limited Engineering Entity 13-Feb-15 A A1 Stable Maintain view view
SME Bank Limited Bank Entity 12-Feb-15 BB B Negative Downgrade view -
State Life Insurance Corporation of Pakistan Insurance IFS 09-Feb-15 AAA Stable Maintain view view
Atlas Sovereign Liquid Fund Mutual Fund Stability Rating 30-Jan-15 AA+(f) Stable Initial view view
Autosoft Dynamics (Pvt.) Limited Technology Entity 30-Jan-15 A- A1 Positive Maintain view view

Entities

Entity Industry Rating
Type
Dissemination
Date
Long Term
Rating
Short Term
Rating
Outlook Action Press
Release
Report
Tameer Microfinance Bank Limited Bank Entity 27-Feb-15 A+ A1 Stable Maintain view view
Cherat Cement Company Limited Cement Entity 24-Feb-15 A- A2 Stable Initial view view
Pakistan National Shipping Corporation Transportation Entity 17-Feb-15 AA- A1+ Stable Maintain view view
First Punjab Modaraba Modaraba Entity 13-Feb-15 BBB+ A2 Stable Upgrade view view
National Power Construction Corporation (Pvt.) Limited Engineering Entity 13-Feb-15 A A1 Stable Maintain view view
SME Bank Limited Bank Entity 12-Feb-15 BB B Negative Downgrade view -
State Life Insurance Corporation of Pakistan Insurance IFS 09-Feb-15 AAA Stable Maintain view view
Autosoft Dynamics (Pvt.) Limited Technology Entity 30-Jan-15 A- A1 Positive Maintain view view
Kohinoor Textile Mills Limited Textile Entity 28-Jan-15 A- A2 Stable Maintain view view
Sindh Insurance Limited Insurance IFS 28-Jan-15 A- Stable Initial view view

Instruments

Entity Industry Rating
Type
Dissemination
Date
Long Term
Rating
Outlook Action Press
Release
Report
Bank Al Habib Limited |TFC II| Feb-07 Bank Debt Instrument 16-Feb-15 AA - Withdraw view -
Soneri Bank Limited | TFC II | TBI Bank Debt Instrument 29-Jan-15 A+ - Preliminary view view
Pak-Libya Holding Company (Pvt.) Limited | TFC II | May-13 DFI Debt Instrument 27-Jan-15 AA Negative Initial view -
Engro Corporation Limited | Sukuk | Jul-14 Holding Company Debt Instrument 13-Jan-15 AA Positive Maintain view view
Engro Fertilizers Limited |PPTFC I| Mar-08 Fertilizer Debt Instrument 09-Jan-15 AA- Stable Upgrade view view
The Pakistan Water and Power Development Authority | PPTFC | Sep-13 Energy Debt Instrument 09-Jan-15 AAA Stable Maintain view view
Engro Fertilizers Limited | Sukuk III | Jul-14 Fertilizer Debt Instrument 09-Jan-15 A+ Stable Maintain view view
Maple Leaf Cement Factory Limited |Sukuk| Dec-07 Cement Debt Instrument 09-Jan-15 A- Stable Upgrade view view
Engro Fertilizers Limited |TFC III| Dec-09 Fertilizer Debt Instrument 09-Jan-15 AA- Stable Upgrade view view
Engro Fertilizers Limited |PPTFC II| Mar-08 Fertilizer Debt Instrument 08-Jan-15 AA- Stable Upgrade view view

Asset Management

Entity Industry Rating
Type
Dissemination
Date
Long Term
Rating
Short Term
Rating
Outlook Action Press
Release
Report
Atlas Sovereign Liquid Fund Money Market Fund Stability Rating 30-Jan-15 AA+(f) Stable Initial view view
NAFA Government Securities Savings Fund Income Fund Stability Rating 13-Jan-15 AA-(f) Stable Initial view view
First Capital Investments Limited Asset Management Asset Manager 06-Dec-14 AM4+ Stable Maintain view view
NAFA Multi Asset Fund Balanced Fund Performance Ranking 21-Nov-14 4-Star 4-STAR - Improved view -
Unit Trust of Pakistan Balanced Fund Performance Ranking 21-Nov-14 4-Star 3-STAR - Declined view -
Pakistan Strategic Allocation Fund Equity Fund (Open-end) Performance Ranking 21-Nov-14 3-Star 4-STAR - Improved view -
Pakistan Stock Market Fund Equity Fund (Open-end) Performance Ranking 21-Nov-14 3-Star 3-STAR - Same view -
Pakistan International Element Islamic Fund Islamic Equity Fund Performance Ranking 21-Nov-14 3-Star 4-STAR - Improved view -
Pak Oman Islamic Asset Allocation Fund Islamic Asset Allocation Performance Ranking 21-Nov-14 3-Star 4-STAR - Improved view -
Pak Oman Advantage Asset Allocation Fund Asset Allocation Fund Performance Ranking 21-Nov-14 2-Star 2-STAR - Declined view -

Grading

Entity Industry Rating
Type
Dissemination
Date
Long Term
Rating
Outlook Action Press
Release
Report
Wackenhut Pakistan (Pvt.) Limited Security Security Agency Grading 25-Oct-14 SG2 Stable Initial view view
Centrepoint Karachi Real Estate Project Grading 16-Jun-14 PG1 Stable Upgrade view view
Tricon Developers Limited Real Estate Developer Grading 28-Jun-11 DG3 Positive Withdraw view -
Eden Builders Limited Real Estate Developer Grading 04-May-11 DG3+ Stable Withdraw view view
Eden Developers (Pvt.) Limited Real Estate Developer Grading 04-May-11 DG3 Stable Withdraw view -
Emmar Giga Karachi Limited Real Estate Developer Grading 13-May-10 DG2+ Stable Withdraw - -
Emmar DHA Islamabad Limited Real Estate Developer Grading 13-May-10 DG2+ Stable Withdraw - -

PACRA's Rating Resources --- Indepth

Rating Resources