Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action LT Rating ST Rating Outlook Rating Watch
1 Berger Paints Pakistan Limited | PP Sukuk | Sep -21
Press Release | Report | History
Pharma and Chemicals Debt Instrument 16-Sep-21 Initial A - Stable -
2 TPL Corp Limited | PPCP
Press Release | Report | History
Holding Company Debt Instrument 27-Aug-21 Initial A A1 Stable -
3 The Hub Power Company Limited | PP Sukuk
Press Release | Report | History
Energy Debt Instrument 27-Aug-21 Maintain AA+ - Stable -
4 Engro PowerGen Thar (Private) Limited | PP Sukuk
Press Release | Report | History
Energy Debt Instrument 27-Aug-21 Maintain A - Stable -
5 K-Electric | CP-1
Press Release | Report | History
Energy Debt Instrument 24-Aug-21 Preliminary AA A1+ Stable -
6 U Microfinance Bank Limited | TFC
Press Release | Report | History
Banks Debt Instrument 18-Aug-21 Initial AA- - Stable -
7 Pak Elektron Limited | PP Sukuk
Press Release | Report | History
Consumers Goods & Services Debt Instrument 17-Aug-21 Preliminary A+ A1 Stable -
8 Ghani Chemical Industries Limited | Sukuk | Feb-17
Press Release | Report | History
Pharma and Chemicals Debt Instrument 11-Aug-21 Upgrade A Stable -
9 Fatima Fertilizer Company Limited | Sukuk
Press Release | Report | History
Agriculture & Allied Debt Instrument 05-Aug-21 Maintain AA- Stable -
10 Jahangir Siddiqui & Co. Ltd. | TFC XI | Mar-18
Press Release | Report | History
Holding Company Debt Instrument 05-Aug-21 Maintain AA+ Stable -
11 Pak Arab Fertilizers Limited | TFC
Press Release | Report | History
Agriculture & Allied Debt Instrument 05-Aug-21 Maintain A- Developing Yes
12 Jahangir Siddiqui & Co. Ltd. | TFC X | Jul-17
Press Release | Report | History
Holding Company Debt Instrument 05-Aug-21 Maintain AA+ Stable -
13 Gas & Oil Pakistan Limited | PP Sukuk
Press Release | Report | History
Energy Debt Instrument 26-Jul-21 Preliminary AA- Stable -
14 Engro Polymer & Chemicals Limited | Sukuk | Jan 19
Press Release | Report | History
Pharma and Chemicals Debt Instrument 18-Jul-21 Maintain AA Stable -
15 TPL Trakker Limited | Sukuk-I | May-16
Press Release | Report | History
Logistics Debt Instrument 02-Jul-21 Maintain A+ Stable -
16 Bank AL Habib Limited | Tier-II TFC (TFC-VII)
Press Release | Report | History
Banks Debt Instrument 29-Jun-21 Upgrade AA+ Stable -
17 Bank AL Habib Limited | Tier-I | TFC VI | Dec-17
Press Release | Report | History
Banks Debt Instrument 29-Jun-21 Upgrade AA Stable -
18 Soneri Bank Limited | TFC II | Jul-15
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain A+ Stable -
19 The Bank of Punjab | TFC II | April-18
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Upgrade AA Stable -
20 AlBaraka Bank (Pakistan) Limited | Sukuk | Sep-14
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain A- Stable -
21 BankIslami Pakistan Limited | Modaraba Sukuk
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain A- Stable -
22 JS Bank Limited | TFC II
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain A+ Stable -
23 Soneri Bank Limited | Tier 1 TFC
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain A Stable -
24 Askari Bank Limited | Tier-II TFC (TFC-VII)
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain AA Stable -
25 JS Bank Limited | PPTFC | Dec-16
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain A+ Stable -
26 Askari Bank Limited | TFC VI ( Additional Tier I ) | Jul-18
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain AA- Stable -
27 The Bank of Punjab | TFC I | Dec-16
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Upgrade AA Stable -
28 JS Bank Limited | TFC Tier 1
Press Release | Report | History
Banks Debt Instrument 25-Jun-21 Maintain A Stable -
29 Ghani Chemical Industries Limited | ICP
Press Release | Report | History
Pharma and Chemicals Debt Instrument 24-Jun-21 Preliminary A A1 Stable -
30 TPL Trakker Limited | Sukuk
Press Release | Report | History
Logistics Debt Instrument 07-Jun-21 Initial A+ Stable -
31 Hub Power Holdings Limited | Sukuk
Press Release | Report | History
Holding Company Debt Instrument 04-Jun-21 Maintain AA+ Stable -
32 K-Electric | ICP-15
Press Release | Report | History
Energy Debt Instrument 02-Jun-21 Initial AA A1+ Stable -
33 K-Electric | ICP-16
Press Release | Report | History
Energy Debt Instrument 02-Jun-21 Initial AA A1+ Stable -
34 The Hub Power Company Limited | PPSTS
Press Release | Report | History
Energy Debt Instrument 27-May-21 Initial AA+ A1+ Stable -
35 Samba Bank Limited | PPTFC
Press Release | Report | History
Banks Debt Instrument 21-May-21 Initial AA- Stable -
36 Mughal Iron & Steel Industries Limited | PP Sukuk
Press Release | Report | History
Infrastructure Debt Instrument 28-Apr-21 Initial A+ - Stable -
37 The Hub Power Company Limited | Sukuk
Press Release | Report | History
Energy Debt Instrument 16-Apr-21 Maintain AA+ - Stable -
38 Pakistan Mortgage Refinance Company Limited | PP Sukuk
Press Release | Report | History
Development Institutions Debt Instrument 16-Apr-21 Initial AAA - Stable -
39 NRSP Microfinance Bank Limited | Tier II TFC
Press Release | Report | History
Banks Debt Instrument 05-Apr-21 Preliminary A- Stable -
40 Pakistan Services Limited | Sukuk | Mar-18
Press Release | Report | History
Consumers Goods & Services Debt Instrument 24-Mar-21 Maintain A - Negative Yes
41 Bank Alfalah Limited | TFCs | Series A
Press Release | Report | History
Banks Debt Instrument 16-Feb-21 Initial AAA Stable -
42 WAPDA | PPTFC | May-17
Press Release | Report | History
Energy Debt Instrument 02-Feb-21 Maintain AAA - Stable Yes
43 WAPDA | Sukuk | May-17
Press Release | Report | History
Energy Debt Instrument 02-Feb-21 Maintain AAA - Stable Yes
44 WAPDA | PPTFC | Sep-13
Press Release | Report | History
Energy Debt Instrument 02-Feb-21 Maintain AAA - Stable Yes
45 WAPDA Dasu TFC-B
Press Release | Report | History
Energy Debt Instrument 29-Jan-21 Preliminary AAA - Stable Yes
46 WAPDA Dasu Sukuk-B
Press Release | Report | History
Energy Debt Instrument 29-Jan-21 Preliminary AAA - Stable Yes
47 Byco Petroleum Pakistan Limited | Sukuk | Jan-17
Press Release | Report | History
Energy Debt Instrument 29-Nov-20 Maintain AAA - Stable -
48 AGP Limited | Sukuk | Jun-17
Press Release | Report | History
Pharma and Chemicals Debt Instrument 29-Oct-20 Maintain A+ - Stable -
49 Liberty Power Tech Limited |TFF| Jan-11
Press Release | Report | History
Energy Debt Instrument 08-Oct-20 Maintain A+ - Stable -
50 Liberty Power Tech Limited |Sukuk| Jan-11
Press Release | Report | History
Energy Debt Instrument 08-Oct-20 Maintain A+ - Stable -
51 Kashf Foundation | PPTFC
Press Release | Report | History
Banks Debt Instrument 25-Sep-20 Maintain A - Stable Yes