The Pakistan Credit Rating Agency Limited

Home | Contact Us

22-Feb-2012

About Us Who we are Milestones Shareholders Board of Directors The Team Organizational Structure Products & Services Ratings Reasearch Analytics Insight Rating Elements Rating Methodologies Rating Scales and Definition FAQs Relationship Rating Mandate Fee Structure Rating Process Rating Module Research Sector Research Criteria Research PACRA Special Comment Credit Policy & Practices Code of Conduct Rating Policies Transition Studies Confidentiality Indemnity Rating Committee Partners Technical Collaborations Assignments Trainings Training Courses PACRA as your Trainer Careers LIFE @ PACRA Vacancies

PACRA Insight

PACRA Insight is a medium to communicates with the users of ratings–harmonizing knowledge; assimilating expertis....in essence, leading the rating industry’s development along high standards of integrity and transparency.

Communication....reflecting upon issues....putting thoughts into ideas....deas into words....RATINGS INSIGHT–a medium to communicate with the users of ratings-is an endeavor undertaken by pacra to facilitate and harmonize the development of ratings business.....

Read More

All

Entity	Industry	Rating Type	Dissemination Date	Long Term Rating	Short Term Rating	Outlook	Action	Press Release	Report
Liberty Power Tech Limited	Energy	Entity	16-Feb-12	AA	A1+	Stable	Maintain	view	view
Liberty Power Tech Limited \|TFC\| Mar-10	Energy	TFC	16-Feb-12	AA		Stable	Maintain	view	view
Liberty Power Tech Limited \|Sukuk\| Mar-09	Energy	TFC	16-Feb-12	AA		Stable	Maintain	view	view
IGI Investment Bank Limited	Investment Bank	Entity	15-Feb-12	A-	A2	Stable	Downgrade	view	view
Ahmad Fine Textile Mills Limited	Mutual Fund	Entity	31-Jan-12	A-	A2	Stable	Initial	view	view
Hussain Mills Limited	Textile	Entity	30-Jan-12	A-	A2	Stable	Initial	view	view
Atlas Insurance Company Limited	Insurance	IFS	25-Jan-12	A+		Positive	Maintain	view	-
Nishat Chunian Power Limited	Energy	Entity	24-Jan-12	AA	A1+		Withdraw	view	-
Trust Investment Bank Limited	Investment Bank	Entity	23-Jan-12	BBB-	A3	Negative	Downgrade	view	view
Trust Investment Bank Limited \|TFC III\| July-08	Investment Bank	TFC	23-Jan-12	BBB-		Negative	Downgrade	view	view

Entities

Entity	Industry	Rating Type	Dissemination Date	Long Term Rating	Short Term Rating	Outlook	Action	Press Release	Report
Liberty Power Tech Limited	Energy	Entity	16-Feb-12	AA	A1+	Stable	Maintain	view	view
IGI Investment Bank Limited	Investment Bank	Entity	15-Feb-12	A-	A2	Stable	Downgrade	view	view
Ahmad Fine Textile Mills Limited		Entity	31-Jan-12	A-	A2	Stable	Initial	view	view
Hussain Mills Limited	Textile	Entity	30-Jan-12	A-	A2	Stable	Initial	view	view
Atlas Insurance Company Limited	Insurance	IFS	25-Jan-12	A+		Positive	Maintain	view	-
Nishat Chunian Power Limited	Energy	Entity	24-Jan-12	AA	A1+		Withdraw	view	-
Trust Investment Bank Limited	Investment Bank	Entity	23-Jan-12	BBB-	A3	Negative	Downgrade	view	view
KASB Securities Limited	Brokerage/Security	Entity	17-Jan-12	A-	A2	Negative	Downgrade	view	view
Pak Electron Limited	Engineering	Entity	16-Jan-12	D			Downgrade	view	view
Lal Pir Power Limited	Energy	Entity	13-Jan-12	AA	A1+	Stable	Maintain	view	view

Instruments

Entity	Industry	Rating Type	Dissemination Date	Long Term Rating	Outlook	Action	Press Release	Report
Liberty Power Tech Limited \|TFC\| Mar-10	Energy	TFC	16-Feb-12	AA	Stable	Maintain	view	view
Liberty Power Tech Limited \|Sukuk\| Mar-09	Energy	TFC	16-Feb-12	AA	Stable	Maintain	view	view
Trust Investment Bank Limited \|TFC III\| July-08	Investment Bank	TFC	23-Jan-12	BBB-	Negative	Downgrade	view	view
KASB Securities Limited \|TFC\| Jun-07	Brokerage/Security	TFC	17-Jan-12	A	Negative	Downgrade	view	view
Pak Electron Limited \|Sukuk I\| Sep-07	Engineering	TFC	16-Jan-12	D		Downgrade	view	view
Pak Electron Limited \|Sukuk II\| Mar-08	Engineering	TFC	16-Jan-12	D		Downgrade	view	view
Askari Bank Limited \|TFC IV\| TBI	Banks	TFC	03-Jan-12	AA-	Stable	Initial	view	view
ORIX Leasing Pakistan Limited \|TFC I\| May-07	Leasing	TFC	30-Dec-11	AA+	Stable	Maintain	view	view
ORIX Leasing Pakistan Limited \|PP-TFC\| Jan-08	Leasing	TFC	30-Dec-11	AA+	Stable	Maintain	view	view
ORIX Leasing Pakistan Limited \|TFC II\| Jun-11	Leasing	TFC	30-Dec-11	AA+	Stable	Maintain	view	view

Asset Management

Entity	Industry	Rating Type	Dissemination Date	Long Term Rating	Outlook	Action	Press Release	Report
IGI Stock Fund	Equity Funds (Open -End)	Fund Ranking	19-Jan-12		Stable	Initial	view	-
Lakson Equity Fund	Equity Funds (Open -End)	Fund Ranking	28-Nov-11		Stable	Initial	view	-
MCB Asset Management Company Limited	Asset Management	AMR	28-Nov-11	AM2-		Withdraw	view	-
Arif Habib Investment Management Limited	Asset Management	AMR	28-Nov-11	AM2	Positive	Maintain	view	-
NAFA Stock Fund	Equity Funds (Open -End)	Fund Ranking	04-Nov-11	2-STAR	Stable	Initial	view	-
NAFA Islamic Multi Asset Fund	Islamic Asset Allocation	Fund Ranking	04-Nov-11	4-STAR	Stable	Initial	view	-
NAFA Multi Asset Fund	Balanced Funds	Fund Ranking	04-Nov-11	3-STAR	Stable	Initial	view	-
Alfalah GHP Value Fund	Asset Allocation Funds	Fund Ranking	31-Oct-11	4-STAR	Stable	Initial	view	-
Alfalah GHP Alpha Fund	Equity Funds (Open -End)	Fund Ranking	31-Oct-11		Stable	Initial	view	-
Alfalah GHP Islamic Fund	Islamic Equity Funds	Fund Ranking	31-Oct-11	4-STAR	Stable	Initial	view	-

Real Estate

Entity	Industry	Rating Type	Dissemination Date	Long Term Rating	Outlook	Action	Press Release	Report
Centrepoint Karachi	Real Estate	Project	08-Jul-11	PG3+	Stable	Maintain	view	view
Tricon Developers Limited	Real Estate	Developer	28-Jun-11	DG3		Withdraw	view	-
Eden Developers (Pvt.) Limited	Real Estate	Developer	04-May-11	DG3		Withdraw	-	-
Eden Builders Limited	Real Estate	Developer	04-May-11	DG3+		Withdraw	view	-

All

Entities

Instruments

Asset Management

Real Estate

PACRA's Rating Resources --- Indepth

Rating Resources