Mission Statement:
"To be accepted as the leading credit rating agency in the country through highest standards of professionalism and ethics"



The primary function of PACRA is to evaluate the capacity and willingness of a corporate entity to honor its debt obligations. PACRA ratings reflect an independent, professional and impartial assessment of the credit risk associated with a particular debt instrument or a corporate entity. By providing a measurement of risk, PACRA's ratings facilitate investors in making prudent investment decisions after determining the acceptable rate of return at the given risk level. However, regardless of the type of rating, it is not a recommendation to purchase, sell or hold a security, in as much as it does not comment on the security's market price or suitability for a particular investor.


New Press Releases:
   
July 28, 2010:

PACRA Removes the Ratings of Nishat Chunian Power Limited from Rating Watch..........

July 26, 2010:

PACRA Maintains Entity Ratings of Pak China Investment Company Limited..........(Get Report)

July 21, 2010:

PACRA Maintains The Entity Ratings of First Women Bank Limited; Assigns Positive Outlook..........(Get Report)

July 16, 2010:

PACRA Places Ratings of Pace (Pakistan) Limited on Rating Watch..........

July 14, 2010:

PACRA Assigns Ratings to Maple Leaf Cement Factory Limited..........

July 12, 2010:

Pacra Maintains Entity Ratings Of Arif Habib Investments Limited  ..........

July 09, 2010:

PACRA maintains ratings of First Habib Modaraba  ..........

July 09, 2010:

PACRA Maintains Entity and TFC Ratings of Royal Bank of Scotland Limited; Keeps on Rating Watch   ...........(Get Report)

July 09, 2010:

PACRA Maintains Entity Ratings Of JS Investments Limited  ...........

July 09, 2010:

PACRA Assigns Stability Rating of “BBB+(f)” To KASB Liquid Fund...........

July 09, 2010:

PACRA Assigns Stability Rating of ‘BBB(f)’ To KASB Islamic Income Fund ...........

July 08, 2010:

PACRA Maintains Asset Manager Rating of “AM2-” of National Fullerton Asset Management Limited...........

July 08, 2010:

PACRA Assigns “AA”Capital Protection Rating To Alfalah GHP Principal Protected Fund...........

July 08, 2010:

PACRA Assigns Stability Rating of ‘AA (f)’ To Alfalah GHP Cash Fund ...........

July 08, 2010:

PACRA Maintains ‘AAA(f)’ Stability Rating of Pakistan Cash Management Fund...........

July 06, 2010:

PACRA Maintains the Entity Ratings of Nishat Power Limited...........

July 06, 2010:

PACRA Maintains Ratings of Worldcall Telecom Limited; Placed on Rating Watch...........(Get Report)

July 05, 2010:

PACRA Maintains Entity Ratings of PakLibya Holding Company (Pvt.) Limited...........(Get Report)

July 05, 2010:

PACRA Maintains the Entity Ratings of Packages Limited ...........(Get Report)

July 02, 2010:

PACRA Maintains Entity Ratings of National Power Construction Corporation (pvt.) Limited ...........

July 02, 2010:

PACRA Places Entity Ratings of Nishat Chunian Power Limited on Rating Watch ...........

June 30, 2010:

PACRA Assigns “AA-” Rating to Pakistan National Shipping Corporation ...........(Get Report)

June 30, 2010:

PACRA Reviews Ratings of the Bank of Punjab ...........

June 30, 2010:

PACRA Revises Ratings of Agritech Limited;Remains on Rating Watch with Negative Outlook ...........

June 30, 2010:

PACRA Revises Ratings of Azgard Nine Limited;Remains on Rating Watch with Negative Outlook ...........

June 30, 2010:

PACRA Maintains Ratings of Askari Bank Limited ...........(Get Report)

June 30, 2010:

PACRA Upgrades Entity Ratings of Bank of Khyber; Assigns Positive Outlook ...........(Get Report)

June 29, 2010:

PACRA Reviews the Ratings of KASB Bank Limited ...........(Get Report)

June 29, 2010:

PACRA Maintains Entity Ratings of Bankislami Pakistan Limited ...........(Get Report)

June 28, 2010:

PACRA Maintains Entity Ratings of Pak Iran Joint Investment Company Limited ...........(Get Report)

June 24, 2010:

PACRA Maintains Ratings of Bank Alfalah Limited...........(Get Report)

June 24, 2010:

PACRA Maintains Entity Ratings of MCB Bank Limited...........(Get Report)

June 23, 2010:

PACRA Maintains Ratings of Habib Metropolitan Bank Limited ...........(Get Report)

June 23, 2010:

PACRA Assigns Preliminary Rating to Proposed Structured TFCs by City Schools (Pvt.) Limited ...........(Get Report)

June 22, 2010:

PACRA Maintains Ratings of NIB Bank Limited...........(Get Report)

June 18, 2010:

PACRA Maintains Ratings of Sui Southern Gas Company Limited...........(Get Report)

June 17, 2010:

PACRA Maintains Entity Ratings of Pakistan Kuwait Investment Company (Private) Limited...........

June 16, 2010:

PACRA Maintains Entity Ratings of Emirates Global Islamic Bank Limited...........(Get Report)

June 15, 2010:

PACRA Maintains the Ratings of STANDARD CHARTERED BANK (PAKISTAN) LIMITED...........(Get Report)

June 15, 2010:

PACRA Maintains the Entity Ratings of Faysal Bank Limited...........(Get Report)

June 14, 2010:

PACRA Maintains Entity Ratings of Pak Brunei Investment Company...........(Get Report)

June 11, 2010:

PACRA Maintains Ratings of Pak Elektron Limited...........(Get Report)

June 10, 2010:

PACRA Maintains Ratings of JS Bank Limited...........(Get Report)

June 10, 2010:

PACRA maintains the Entity Ratings of Atlas Bank Limited...........(Get Report)

June 08, 2010:

PACRA Maintains Entity Ratings of Mybank Limited ...........

June 8, 2010:

PACRA Maintains Entity Ratings of Eye Television Network Limited...........(Get Report)

June 8, 2010:

PACRA Maintains Ratings Of Allied Bank Limited ............(Get Report)

June 7, 2010:

PACRA Maintains Ratings of Soneri Bank Limited ............(Get Report)

June 7, 2010:

PACRA Maintains IFS Rating of East West Insurance Company Limited ............(Get Report)

June 2, 2010:

PACRA Assigns Stability Rating of ‘AA- (f)’ To Lakson Income Fund  ...........

June 1, 2010:

PACRA assigns ratings to Engro Corporation Limited (formerly Engro Chemical Pakistan Limited)............(Get Report)

June 1, 2010:

PACRA Assign ratings to Engro Fertilizers Limited............(Get Report)

May 28, 2010:

PACRA MAINTAINS RATINGS OF PACE (PAKISTAN) LIMITED............(Get Report)

May 24 , 2010:

PACRA And NESPAK Assign Positive Outlook to the Developer Grading of Tricon Developers Limited...........(Get Report)

May 21 , 2010:

PACRA Assigns Stability Rating of ‘AA(f)’ To Lakson Money Market Fund...........

May 21 , 2010:

PACRA Withdraws entity ratings of House Building Finance Corporation Limited...........

May 21 , 2010:

PACRA Assigns Entity and TFCs Ratings to Pakistan Mobile Communications Limited .............(Get Report)

May 18 , 2010:

PACRA Assigns Star Ranking To Askari Asset Allocation Fund (Period Ended June 30, 2009) ............

May 13 , 2010:

PACRA Maintains Ratings of Optimus Limited .............(Get Report)

May 13 , 2010:

PACRA Assigns  Rating to  Secured Sukuk Issue of Amreli Steels Limited ............

May 13, 2010:

PACRA Withdraws Developer Grading of Emaar DHA Islamabad Limited ............

May 13 , 2010:

PACRA Withdraws Developer Grading of Emaar GIGA Karachi Limited ............

May 10 , 2010:

PACRA Maintains Ratings Of TPL Trakker Limited ............(Get Report)

May 07 , 2010:

PACRA and NESPAK Maintain ‘PG3+’ Project Grading Of Centrepoint Karachi ............

May 07 , 2010:
PACRA Maintains IFS Rating of TPL Direct Insurance Limited............
May 06 , 2010:
PACRA Maintains Ratings of Bank Al Habib Limited............(Get Report)
May 03 , 2010:
PACRA Assigns Stability Rating of ‘AA- (f)’ To First Habib Income Fund............
May 03 , 2010:
PACRA Assigns Star Rankings To The Eligible Funds of Dawood Capital Management Limited (Period Ended June 30, 2009) ............
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Criteria Report: Corporate Rating Methodology
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Criteria Report: Structured Finance Rating Methodology
Criteria Report: Insurance Rating Methodology
Criteria Report: Real Estate Grading Methodology
Criteria Report: Mutual Fund Ranking Methodology
Criteria Report: Asset Manager Rating Methodology
Criteria Report: MBS Methodology
  Criteria Report: Fund Stability Rating Methodology
  Criteria Report: Capital Protection Rating Methodology
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