The Pakistan Credit Rating Agency Limited
27-Feb-26
Analyst
Sohail Ahmed Qureshi
sohail.ahmed@pacra.com
+92-42-35869504
www.pacra.com
Applicable Criteria
- Methodology | Correlation Between Long-term & Short-term Rating Scales | Apr-25
- Methodology | Rating Modifiers | Apr-25
- Methodology | Corporate Rating | Jul-25
- Methodology | Debt Instrument Rating | Sep-25
Related Research
This press release is being transmitted for the sole purpose of dissemination through print/electronic media. The press release may be used in full or in part without changing the meaning or context thereof with due credit to PACRA
PACRA Withdraws the Instrument Rating of OLP Financial Services Pakistan Limited | PPTFC
| Rating Type | Debt Instrument | |
|
Current (27-Feb-26 ) |
Previous (28-Aug-25 ) |
|
| Action | Withdraw | Maintain |
| Long Term | - | AA+ |
| Short Term | - | - |
| Outlook | Stable | |
| Rating Watch | - | - |
At the request of the management, and in accordance with the terms of the agreement, the rating of OLP Financial Services Pakistan Limited | PPTFC is withdrawn.
.
About
the Entity
OLP Financial Services Pakistan Limited ('OLP' or 'the Company') is a public listed company holding an Investment Finance Services license under the Non-Banking Finance Companies Rules offering a comprehensive range of value-added financial products, including commercial and consumer vehicle leases, certificates of deposit, term finance, and agri finance. Mr. Khalid Aziz Mirza is the Board's Chairman, and Mr. Shaheen Amin is the CEO. They are assisted by an experienced management team.
About
the Instrument
The issue amount is PKR 3,000mln. The tenor is up to 5 years, including a 1-year grace period. The profit rate is 3 months KIBOR plus 80bps per annum, with no floor or cap. The proceeds aim to support and expand the Company's book.