Consolidated List of PACRA's Publicly Disseminated Instrument Ratings (Sector-Wise)
(As At August 26 , 2010)
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Sr. No.

Name Of Organization

Type of

Date of Dessemination

Rating Assigned 
p
Rating
(dd/mm/yy)

Long Term

Short Term

Outlook/Rating Watch

(I) FINANCIAL SECTOR
BANKING COMMERCIAL
1.

Royal Bank of Scotland Limited (formerly ABN AMRO Bank (Pakistan) Limited

TFCs

09-Jul-10

AA-

---

---

2.

Allied Bank Limited

TFCs

08-Jun-10

AA-

---

---

3.

Askari Bank Limited

TFCs1-I

01-Jul-09

AA-

---

---

4.

Askari Bank Limited

TFCs-II

01-Jul-09

AA-

---

---

5.

Askari Bank Limited

TFCs-III

15-Oct-09

AA-

---

---

6.

Bank Al Habib Limited

TFCs-I

06-May-10

AA

---

---

7.

Bank Al Habib Limited

TFCs-II

06-May-10

AA

---

---

8.

Bank Alfalah Limited

TFCs-I

24-Jun-10

AA-

---

---

9.

Bank Alfalah Limited

TFCs-II

24-Jun-10

AA-

---

---

10.

Bank Alfalah Limited

TFCs-III

24-Jun-10

AA-

---

---

11.

Bank Alfalah Limited

TFCs-IV

24-Jun-10

AA-

---

---

12.

KASB Bank Limited

TFCs

14-Sep-09

A-

---

---

13.

NIB Bank Limited

TFCs

22-Jun-10

A+

---

---

14.

Royal Bank of Scotland Limited

TFCs

03-Apr-09

Withdrawn

---

---

15.

Soneri Bank Limited

TFCs

07-Jun-10

A+

---

---

16.

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

TFCs-I

15-Jun-10

AAA

---

---

17.

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

TFCs-II

15-Jun-10

AAA

---

---

BANKING INVESTMENT
1.

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

TFCs - 2nd Tranche

31-Dec-09

CCC

---

---

2.

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

TFCs

22-Jan-10

A+

---

Negative Outlook

4.
Trust Investment Bank Limited TFCs-II - 2nd Tranche 19-Nov-09 BBB --- ---
5.
Trust Investment Bank Limited TFCs-III 19-Nov-09 BBB --- ---
DFIs/INVESTMENT COMPANIES/FUNDS/BROKERAGE HOUSES
1.

Jahangir Siddiqui & Company Limited

TFCs-I

31-Aug-10

AA

---

---

2.

Jahangir Siddiqui & Company Limited

TFCs-II

31-Aug-10

AA

---

---

3.

Jahangir Siddiqui & Company Limited

TFCs-III

31-Aug-10

AA

---

---

4.

House Building Finance Corporation Limited (HBFC)

TFCs

21-Oct-09

A+

---

---

5.

KSB Securities Limited

TFCs

09-Feb-10

A+

---

---

MODARABAS
1.
First Fidelity Leasing Modaraba (FFLM) TFCs 08-May-08 A --- ---
LEASING COMPANIES
1.

ORIX Leasing Pakistan Limited

TFCs-I

11-Jan-10

AA+

---

---

2.

ORIX Leasing Pakistan Limited

TFCs-II

16-Aug-10

AA+

---

---

REAL ESTATE
1.
Eden Builders Limitedrw  S-TFCs 25-Sep-09 A --- ---
2.
Eden Developers (Pvt) Limited S-TFCs 27-May-08 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
ASSET MANAGEMENT COMPANIES
1.
Financial Receivables Securitization Company Limited (FRSCL) S-TFCs2 06-Aug-10 A+ --- ---

(II) INDUSTRIAL CORPORATE

1.

Agritech Limited

TFCs

19-Mar-10

A

---

Negative Outlookrw

2.

Agritech Limited

TFCs

19-Mar-10

A

---

Negative Outlookrw

3.

Al-Abbas Sugur Mills Limited

TFCs

26-Nov-09

A+

---

---

4.

Amreli Steels Limited

TFCs-sukuk

13-May-10

A-

---

---

5.

Azgard Nine Limited

TFCs

19-Mar-10

A

---

Negative Outlookrw

6.

Azgard Nine Limited

ST-TFCs

19-Mar-10

A-

---

Negative Outlookrw

7.

Chanda Oil & Gas Securitization Company Limited

S-TFCs

16-May-07

A+

---

---

8.
City Schools (Pvt) Limited TFCs 23-Jun-10 A+ --- ---
9.
Dewan Cement Limited TFCs 10-Nov-09 D --- ---
10.
Engro Fertilizers Limited TFCs-I 01-Jun-10 AA --- ---
11.
Engro Fertilizers Limited TFCs-II 01-Jun-10 AA --- ---
12.
Engro Fertilizers Limited TFCs-III 01-Jun-10 AA --- ---
13.
Engro Fertilizers Limited TFCs-IV 01-Jun-10 AA --- ---
14.
German Water & Energy Pakistan Limited Facilities 19-Nov-09

A

A1

---

15.
Liberty Power Tech Limited Sukuk 25-Mar-10 AA- --- ---
16.
Liberty Power Tech Limited Term Finance Facility 25-Mar-10 AA- --- ---
17.
Maple Leaf Cement Factory Limited(MLCFL)  TFCs 14-Jul-10 BB+ --- Rating Watch
18.
Optimus Limited TFCs 22-Oct-08 A --- ---
19.
Optimus Limited Sukuk Ist Tranche 22-Oct-08 A --- ---
20.
Optimus Limited Sukuk 2nd Tranche 22-Oct-08 A --- ---
21.
Pace Pakistan Limited TFCs 28-May-10 A+ --- ---
22.
Pace Pakistan Limited TFCs-I 28-May-10 A+ --- ---
23.
Pakistan Mobile Communications Limited (Mobilink) TFCs-I 21-May-10 A+ --- ---
26.
Pakistan Mobile Communications Limited (Mobilink) TFCs-II 21-May-10 A+ --- ---
27.
Pak Elektron Limited sukuk Sukuk-I 11-Jun-10 A --- ---
28.
Pak Elektron Limited sukuk Sukuk-II 11-Jun-10 A --- ---
29.
Prime Electronics Securitization Company Limited S-TFCs 18-Jul-07 AA- --- ---
30.
Shakarganj Mills Limited TFCs 17-Nov-09 D --- ---
31.
Sui Southern Gas Company Limited (SSGC) TFCs 18-Jun-10 AA    
32.
TPL Trakker (Pvt) Limited TFCs 10-May-10 A --- ---
33.
WorldCall Telecom Limited (WTL) TFCs-I 06-Jul-10 A --- ---
34.
WorldCall Telecom Limited (WTL) TFCs-III 06-Jul-10 A --- ---

rw On Rating Watch

1  Term Finance Certificates

2  Securitised Term Finance Certificates

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