The Pakistan Credit Rating Agency Limited
Consolidated List of PACRA's Publicly Disseminated Instrument Ratings As At January 23 2012
Sr. No.

Name Of Organization

Type of Rating

Date of Notification
(dd/mm/yy)

Rating Assigned

Long Term

Short Term

Outlook/Rating Watch

(I) FINANCIAL SECTOR

BANKING COMMERCIAL
1.

Allied Bank Limited

TFCs

04-Jul-11

AA-

---

---

2.

Askari Bank Limited

TFCs1-I

21-Jun-11

AA-

---

---

3.

Askari Bank Limited

TFCs-II

21-Jun-11

AA-

---

---

4.

Askari Bank Limited

TFCs-III

21-Jun-11

AA-

   
5.

Askari Bank Limited

TFCs-IV

03-Jan-12

AA-

   
6.

Bank Al Habib Limited

TFCs-I

14-Jun-11

AA

---

---

7.

Bank Al Habib Limited

TFCs-II

14-Jun-11

AA

---

---

8.

Bank Al Habib Limited

PPTFCs-III

14-Jun-11

AA

---

---

9.

Bank Alfalah Limited

TFCs-I

20-Jun-11

AA-

---

---

10.

Bank Alfalah Limited

TFCs-II

20-Jun-11

AA-

---

---

11.

Bank Alfalah Limited

TFCs-III

20-Jun-11

AA-

---

---

12.

Faysal Bank Limited (formerly Royal Bank of Scotland Limited)

TFCs

20-Jun-11

AA-

    
13.

KASB Bank Limited

TFCs

14-Sep-09

A-

   
14.

NIB Bank Limited

TFCs

29-Jun-11

A+

---

---

15.

Royal Bank of Scotland Limited (formerly ABN Amro Bank Limited)

TFCs

03-Apr-09

Withdrawn

---

---

16.

Soneri Bank Limited

TFCs

27-Jun-11

A+

---

---

17.

Standard Chartered Bank (Pakistan) Limited (Originally Issued By Union Bank Limited)

TFCs-I

30-Jun-11

AAA

---

---

18.

Standard Chartered Bank (Pakistan) Limited (Originally Issued By Union Bank Limited)

TFCs-II

08-Mar-11

Withdrawn

---

---

BANKING INVESTMENT
1.

First Dawood Investment Bank Limited-ve(Formerly Dawood Leasing Co. Ltd.)

TFCs - 2nd Tranche

27-Sep-10

D

---

---

2.

IGI Investment Bank Limited (Formerly First Intl. Investment Bank Ltd.)

TFCs

11-Jul-11

Withdrawn

---

---
4.

Trust Investment Bank Limited+ve

TFCs-III

 23-Jan-12

BBB-

---

Negative Outlook
DFIs/INVESTMENT COMPANIES/FUNDS/BROKERAGE HOUSES
1.

Jahangir Siddiqui & Company Limited

TFCs-III

30-Sep-10

Withdrawn

---

---

2.

Jahangir Siddiqui & Company Limited

TFCs-IV

05-Jul-11

AA

---

---

3.

Jahangir Siddiqui & Company Limited

TFCs-V

05-Jul-11

AA

---

---

4.

House Building Financ Corporation Limited

TFCs

03-Jun-11

Withdrawn

---

---

5.

KASB Securities Limited

TFCs

17-Jan-12

A

---

Negative Outlook

6.

Pak Lybia Holding Company (Pvt) Limited

TFCs

05-Jul-11

AA

---

---

LEASING COMPANIES
1.

ORIX Leasing Pakistan Limited

TFCs-I

 30-Dec-11

AA+

---

---

2.

ORIX Leasing Pakistan Limited

TFCs-II

30-Dec-11

AA+

   
3.

ORIX Leasing Pakistan Limited

TFCs-III

30-Dec-11

AA+

---

---

ASSET MANAGEMENT COMPANIES
1.
 Financial Receivables Securitization Company Limited (FRSCL) S-TFCs2 25-May-11 A+ --- ---
MODARABAS
   
-

-

-

-

-

---

---

REAL ESTATE
1.

Eden Builders Limitedrw

S-TFCs

04-May-11

A

---

---

3.

PACE (Pakistan) Limited

 TFCs-I 16-Jul-10 A+ --- Rating Watch
4.

PACE (Pakistan) Limited

 TFCs-II 16-Jul-10 A+ --- Rating Watch
INDUSTRIAL CORPORATE
1.

Agritech Limited

TFCs

31-Mar-11

D

--- Negative Outlookrw
2.

Agritech Limited

TFCs

31-Mar-11

D

--- Negative Outlookrw
3.

Al-Abbas Sugar Mills Limited

TFCs

20-Dec-11

A+

---

---

4.
 Amreli Steels Limited
TFC-sukuk
31-May-11
A-
---
---
5.

Azgard Nine Limited

TFCs

31-Mar-11

D

---

Negative Outlookrw
6.

Azgard Nine Limited

ST-TFCs

31-Mar-11

D

---

Negative Outlookrw
7.

Chanda Oil & Gas Securitization Company Limited

S-TFCs

16-May-07

A+

---

---

8.
 City Schools (Pvt) Limited TFCs 06-Jan-12 A+ --- ---
9.
 Dewan Cement Limited TFCs 11-Oct-11 Withdrawn --- ---
10.
 Engro Fertilizers Limited TFCs-I 14-Apr-11 AA --- ---
11.
 Engro Fertilizers Limited TFCs-II 14-Apr-11 AA --- ---
12.
 Engro Fertilizers Limited TFCs-III 14-Apr-11 AA --- ---
13.
 Engro Fertilizers Limited TFCs-IV 14-Apr-11 AA --- ---
14.
 Engro Corporation Limited TFCs-I 18-Apr-11 AA --- ---
15.
 Engro Corporation Limited TFCs-II 24-May-11 AA --- ---
16.
 German Water & Energy Pakistan Limited TFC 28-Sep-10

Withdrawn

---

---

17.
 Liberty Power Tech Limited Sukuk 06-Apr-11 AA --- ---
18.
 Liberty Power Tech Limited Term Finance Facility 06-Apr-11 AA    
19.
 Maple Leaf Cement Factory Limited (MLCFL) TFCs 19-Sep-11 D --- --- 
20.
 Optimus Limited TFCs 30-Jun-11 A --- ---
21.
 Optimus Limited Sukuk Ist Tranche 30-Jun-11 A    
22.
 Optimus Limited Sukuk 2nd Tranche 30-Jun-11 A    
23.
 PACE Pakistan Limited (PACE) TFCs 28-May-10 D --- ---
25.
 PACE Pakistan Limited (PACE) Sukuk 28-May-10 CCC --- ---
26.
 Pakistan Mobile Communications Limited (Mobilink) TFCs-I 08-Jul-11 A+ --- ---
27.
 Pakistan Mobile Communications Limited (Mobilink) TFCs-II 08-Jul-11 A+ --- ---
28.
 Pak Elektron Limited sukuk Sukuk-I 16-Jan-12 D Rating Watch ---
29.
 Pak Elektron Limited sukuk Sukuk-II 16-Jan-12 D Rating Watch  
30.
 Prime Electronics Securitization Company Limited S-TFCs 18-Jul-07 AA- --- ---
31.

Shakarganj Mills Limited

TFCs 20-Dec-11 Withdrawn --- ---
32.

Spencer & Company Limited

TFCs

06-Sep-11

AA

   
33.

Sui Southern Gas Company Limited (SSGC)

Sukuk

13-Apr-11

AA

---

---

34.

TPL Trakker Limited

TFCs 05-Oct-11 Withdrawn --- ---
35.

WorldCall Telecom Limited (WTL)

TFCs-I

12-Oct-11

BBB-

---

Rating Watch

36.

WorldCall Telecom Limited (WTL)

TFCs-II

 07-Dec-11

Withdrawn

---

Rating Watch

rw On Rating Watch

1 Term Finance Certificates

2 Securitised Term Finance Certificates

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