PACRA MAINTAINS THE RATINGS OF

PRIME COMMERCIAL BANK LIMITED

 

Lahore: July 18, 2002

The Pakistan Credit Rating Agency (PACRA) has maintained the long-term rating of 'A' (Single A) and a short-term rating of 'A1' (Single A one) for Prime Commercial Bank Limited (PCBL). These ratings denote a low expectation of credit risk emanating from the strong capacity for timely payment of financial commitments. The ratings are applicable to the senior unsecured creditors (depositors) of the bank.