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VIS reaffirms DIP Pakistan ratings

VIS reaffirms DIP Pakistan ratings
July 10, 2021
KARACHI: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Dubai Islamic Bank Pakistan Limited at AA/A-1+ (Double A/A-One Plus), a statement said.
The rating assigned to the bank s Tier II Sukuk and Additional Tier-1 Sukuk has been reaffirmed at AA- (Double A Minus) and A+ (Single A Plus) respectively. Outlook on the assigned ratings is Stable . The previous entity rating action was announced on June 30, 2020.
“The assigned ratings incorporate a strong financial profile and track record of demonstrated support of the sponsor, Dubai Islamic Bank PJSC, UAE, the bank said in a statement. “Subsequent to its acquisition of Noor Bank, DIB has established itself as one of the two largest Islamic Banking Institutions in the world.” ....

Credit Rating Company Limited , Noor Bank , Dubai Islamic Bank Pakistan , Dubai Islamic Bank , Rating Company Limited , Dubai Islamic Bank Pakistan Limited , A One Plus , Islamic Banking Institutions , கடன் ரேடிஂக் நிறுவனம் வரையறுக்கப்பட்டவை , நூர் வங்கி , துபாய் இஸ்லாமிய வங்கி பாக்கிஸ்தான் , துபாய் இஸ்லாமிய வங்கி , ரேடிஂக் நிறுவனம் வரையறுக்கப்பட்டவை , துபாய் இஸ்லாமிய வங்கி பாக்கிஸ்தான் வரையறுக்கப்பட்டவை , இஸ்லாமிய வங்கி நிறுவனங்கள் ,

VIS upgrades entity ratings of Meezan Bank Limited to AAA/A-1+

VIS upgrades entity ratings of Meezan Bank Limited to AAA/A-1+
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

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Bank of Khyber's credit rating upgraded - Newspaper

However, the short-term rating of A-1 remained stable.
According to a statement issued here, the credit agency said the medium to long-term rating of A+ was indicative of a lower anticipation of credit risk with adequate protection factors, which was not significantly susceptible of vulnerability to foreseeable events whereas the short-term credit rating of A-1 denoted high certainty of timely payments, excellent liquidity factors supported by good fundamental protection factors.
The advancement of the bank’s credit rating by the VIS is the proof of the immense progress made by BOK in the past years.
The enhanced credit ratings were drawn from various upgrades during the last year such as the bank-wide implementation of Temenos T-24 core banking system, increase in the advances portfolio, and notable improvement in profitability led by higher net markup income and increased sale of government securities strengthened by the new T-24 core banking system, the BOK planne ....

North West Frontier , Ihsanullah Ihsan , Credit Rating Company Limited , Rating Company Limited , State Bank , வடக்கு மேற்கு எல்லை , கடன் ரேடிஂக் நிறுவனம் வரையறுக்கப்பட்டவை , ரேடிஂக் நிறுவனம் வரையறுக்கப்பட்டவை , நிலை வங்கி ,

SBP renews status of VIS, PACRA as ECA Institutions

SBP renews status of VIS, PACRA as ECA Institutions
dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.

Credit Rating Company Limited , Pakistan Credit Rating Agency Limited , Eligible External Credit Assessment , Rating Company Limited , External Credit Assessment Institutions , கடன் ரேடிஂக் நிறுவனம் வரையறுக்கப்பட்டவை , ரேடிஂக் நிறுவனம் வரையறுக்கப்பட்டவை ,

ABL's rating reaffirmed

December 29, 2020
LAHORE: VIS Credit Rating Company Limited (VIS) has reaffirmed the corporate governance rating of Allied Bank Limited (ABL) at âCGR-9+â, a statement said on Monday.
The rating signifies very high level of corporate governance. The previous rating action was announced on April 2, 2020, it added.
The corporate governance ratings are based on the evaluation of key governance areas of the rated institution, including regulatory compliance, ownership structure, composition and operations of the board of directors and executive management, self-regulation, financial transparency and relationship with the stakeholders.
The assigned rating incorporates a well-established corporate governance framework rolled out by the bank and supplemented by strong financial transparency and effectively functioning board and management level committees. ....

Credit Rating Company Limited , Bank Limited , Rating Company Limited , Allied Bank Limited , கடன் ரேடிஂக் நிறுவனம் வரையறுக்கப்பட்டவை , வங்கி வரையறுக்கப்பட்டவை , ரேடிஂக் நிறுவனம் வரையறுக்கப்பட்டவை , கூட்டணி வங்கி வரையறுக்கப்பட்டவை ,