PACRA Logo
 The Pakistan Credit Rating Agency Limited

   
Home  | Contact Us  | 14-Feb-16
Loading
PACRA INSIGHT ---Details
PACRA Publications|25-Jan-2016

PACRA UPGRADES RATING OF SUKUK ISSUE OF AMRELI STEELS LIMITED
Ratings|Engineering|Debt Instrument|08-Feb-2016

PACRA WHILE AFFIRMING ENTITY RATINGS OF TAMEER BANK, PLACES THESE ON RATING WATCH
Ratings|Bank|Entity|08-Feb-2016

PACRA ASSIGNS RATINGS TO MCB ISLAMIC BANK LIMITED
Ratings|Bank|Entity|01-Feb-2016

PACRA MAINTAINS RATINGS OF AUTOSOFT DYNAMICS (PRIVATE) LIMITED
Ratings|Technology|Entity|29-Jan-2016

PACRA MAINTAINS RATINGS OF STANDARD CHARTERED MODARABA; REMAINS ON RATING WATCH
Ratings|Non Banking Financial Institutes|Entity|14-Jan-2016

PACRA MAINTAINS RATINGS OF STANDARD CHARTERED LEASING; REMAINS ON RATING WATCH
Ratings|Non Banking Financial Institutes|Entity|14-Jan-2016

PACRA MAINTAINS RATINGS OF ORIX LEASING PAKISTAN LIMITED; REMAINS ON RATING WATCH
Ratings|Non Banking Financial Institutes|Entity|14-Jan-2016

PACRA MAINTAINS ENTITY RATINGS OF IGI INVESTMENT BANK LIMITED
Ratings|Non Banking Financial Institutes|Entity|14-Jan-2016

PACRA ASSIGNS ENTITY RATINGS TO GUARANTCO LIMITED
Ratings|Non Banking Financial Institutes|Entity|13-Jan-2016

PACRA UPGRADES ENTITY RATINGS OF DAWOOD HERCULES CORPORATION LIMITED
Ratings|Holding Company|Entity|12-Jan-2016

All

Entity Industry Rating
Type
Dissemination
Date
Long Term
Rating
Short Term
Rating
Outlook Action Press
Release
Report
Amreli Steels Limited | Sukuk | Dec-09 Engineering Debt Instrument 08-Feb-16 A Stable Upgrade view view
Tameer Microfinance Bank Limited Bank Entity 08-Feb-16 A+ A1 Stable RW-Developing view view
MCB Islamic Bank Limited Bank Entity 01-Feb-16 A A1 Stable Initial view view
PIML Daily Reserve Fund (Formerly PRIMUS Daily Reserve Fund) Mutual Fund Stability Rating 29-Jan-16 AA(f) Stable Downgrade view -
Autosoft Dynamics (Pvt.) Limited Technology Entity 29-Jan-16 A- A1 Stable Maintain view -
PIML Islamic Income Fund (PIML IIF) Mutual Fund Stability Rating 22-Jan-16 A(f) Stable Initial view -
PIML Islamic Money Market Fund (Formerly Primus Islamic Money Market Fund) Mutual Fund Stability Rating 22-Jan-16 AA(f) - Withdraw view -
Standard Chartered Modaraba Modaraba Entity 14-Jan-16 AA+ A1+ RW Maintain view view
Standard Chartered Leasing Limited Leasing Entity 14-Jan-16 AA+ A1+ RW Maintain view view
ORIX Leasing Pakistan Limited Leasing Entity 14-Jan-16 AA+ A1+ RW 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 08-Feb-16 A+ A1 Stable RW-Developing view view
MCB Islamic Bank Limited Bank Entity 01-Feb-16 A A1 Stable Initial view view
Autosoft Dynamics (Pvt.) Limited Technology Entity 29-Jan-16 A- A1 Stable Maintain view -
Standard Chartered Modaraba Modaraba Entity 14-Jan-16 AA+ A1+ RW Maintain view view
Standard Chartered Leasing Limited Leasing Entity 14-Jan-16 AA+ A1+ RW Maintain view view
ORIX Leasing Pakistan Limited Leasing Entity 14-Jan-16 AA+ A1+ RW Maintain view view
IGI Investment Bank Limited Investment Bank Entity 14-Jan-16 BBB- A3 Positive Maintain view view
GuarantCo Limited DFI Entity 13-Jan-16 AAA A1+ Stable Initial view view
Dawood Hercules Corporation Limited Holding Company Entity 12-Jan-16 AA- A1+ Stable Upgrade view view
First Habib Modaraba Modaraba Entity 07-Jan-16 AA+ A1+ Stable Maintain view view

Instruments

Entity Industry Rating
Type
Dissemination
Date
Long Term
Rating
Outlook Action Press
Release
Report
Amreli Steels Limited | Sukuk | Dec-09 Engineering Debt Instrument 08-Feb-16 A Stable Upgrade view view
The Pakistan Water and Power Development Authority | PPTFC | Sep-13 Energy Debt Instrument 09-Jan-16 AAA Stable Maintain view view
Engro Corporation Limited | Sukuk | Jul-14 Holding Company Debt Instrument 22-Dec-15 AA+ Stable Upgrade view -
Soneri Bank Limited | TFC II | Jul-15 Bank Debt Instrument 17-Dec-15 A+ Stable Maintain view view
Liberty Power Tech Limited |TFC| Jan-11 Energy Debt Instrument 17-Dec-15 A+ Stable Maintain view view
Liberty Power Tech Limited |Sukuk| Jan-11 Energy Debt Instrument 17-Dec-15 A+ Stable Maintain view view
Pak Elektron Limited |Sukuk II| Mar-08 Engineering Debt Instrument 04-Dec-15 A Stable Upgrade view view
Pak Elektron Limited |Sukuk I| Sep-07 Engineering Debt Instrument 04-Dec-15 A Stable Upgrade view view
Maple Leaf Cement Factory Limited |Sukuk| Dec-07 Cement Debt Instrument 27-Nov-15 A Stable Upgrade view view
Engro Fertilizers Limited |PPTFC I| Mar-08 Fertilizer Debt Instrument 18-Nov-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
PIML Daily Reserve Fund (Formerly PRIMUS Daily Reserve Fund) Money Market Fund Stability Rating 29-Jan-16 AA(f) Stable Downgrade view view
PIML Islamic Income Fund (PIML IIF) Stability Rating 22-Jan-16 A(f) Stable Initial view view
PIML Islamic Money Market Fund (Formerly Primus Islamic Money Market Fund) Money Market Fund Stability Rating 22-Jan-16 AA(f) - Withdraw view view
Faysal Financial Sector Opportuity Fund Income Fund Stability Rating 12-Jan-16 AA-(f) Initial view view
NIT Income Fund Income Fund Stability Rating 12-Jan-16 A+(f) Stable Maintain view view
NIT Government Bond Fund Income Fund Stability Rating 12-Jan-16 AA-(f) Stable Maintain view view
Faysal Balanced Growth Fund Balanced Fund Performance Ranking 11-Jan-16 2-Star 3-STAR Initial view view
Faysal Income and Growth Fund Income Fund Stability Rating 31-Dec-15 A(f) Stable Maintain view view
Faysal Money Market Fund Money Market Fund Stability Rating 31-Dec-15 AA+(f) Stable Maintain view view
Faysal Savings Growth Fund Income Fund Stability Rating 31-Dec-15 AA-(f) Stable Maintain view view

Grading

Entity Industry Rating
Type
Dissemination
Date
Long Term
Rating
Outlook Action Press
Release
Report
Wackenhut Pakistan (Pvt.) Limited Security Security Agency Grading 14-Dec-15 SG2 - Maintain view view
Security & Management Services (Pvt.) Limited Security Security Agency Grading 14-Dec-15 SG2 - Initial view view
Centrepoint Karachi Real Estate Project Grading 30-Jun-15 PG1 - Withdraw 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