Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action LT Rating ST Rating Outlook Rating Watch
1 Engro Polymer & Chemicals Limited | Sukuk | Jan 19
Press Release | Report | History
Pharma and Chemicals Debt Instrument 18-Jul-22 Maintain AA - Stable -
2 BankIslami Pakistan Limited | Modaraba Sukuk | Additional Tier 1 | TBI
Press Release | Report | History
Banks Debt Instrument 15-Jul-22 Preliminary A- - Positive -
3 TPL Corp Limited | PPTFC | Jun-22
Press Release | Report | History
Holding Company Debt Instrument 14-Jul-22 Initial AA- - Stable -
4 TPL Corp Limited | PP Sukuk | Jun-22
Press Release | Report | History
Holding Company Debt Instrument 14-Jul-22 Initial AA- - Stable -
5 Bank Alfalah Limited | Additional Tier 1 TFC | 7bln
Press Release | Report | History
Banks Debt Instrument 29-Jun-22 Initial AA- - Stable -
6 Bank AL Habib Limited | Tier-I | TFC IX | Apr-22
Press Release | Report | History
Banks Debt Instrument 29-Jun-22 Initial AA+ - Stable -
7 Bank AL Habib Limited | Tier II TFC VIII | Sep-21
Press Release | Report | History
Banks Debt Instrument 29-Jun-22 Maintain AAA - Stable -
8 Bank AL Habib Limited | Tier-I | TFC VI | Dec-17
Press Release | Report | History
Banks Debt Instrument 29-Jun-22 Maintain AA+ - Stable -
9 Lucky Electric Power Company Limited | PPSTS-3 | TBI
Press Release | Report | History
Energy Debt Instrument 29-Jun-22 Preliminary AA A1+ Stable -
10 Bank AL Habib Limited | Tier-II TFC (TFC-VII)
Press Release | Report | History
Banks Debt Instrument 29-Jun-22 Maintain AAA - Stable -
11 Soneri Bank Limited | Tier 1 TFC
Press Release | Report | History
Banks Debt Instrument 25-Jun-22 Maintain A - Stable -
12 Soneri Bank Limited | TFC II | Jul-15
Press Release | Report | History
Banks Debt Instrument 25-Jun-22 Maintain A+ - Stable -
13 BankIslami Pakistan Limited | Modaraba Sukuk
Press Release | Report | History
Banks Debt Instrument 25-Jun-22 Maintain A- - Positive -
14 Askari Bank Limited | Tier-II TFC (TFC-VII)
Press Release | Report | History
Banks Debt Instrument 24-Jun-22 Maintain AA - Stable -
15 JS Bank Limited | TFC Tier 1
Press Release | Report | History
Banks Debt Instrument 24-Jun-22 Maintain A - Stable -
16 The Bank of Punjab | TFC I | Dec-16
Press Release | Report | History
Banks Debt Instrument 24-Jun-22 Maintain AA - Stable -
17 The Bank of Punjab | TFC II | April-18
Press Release | Report | History
Banks Debt Instrument 24-Jun-22 Maintain AA - Stable -
18 Askari Bank Limited | TFC VI ( Additional Tier I ) | Jul-18
Press Release | Report | History
Banks Debt Instrument 24-Jun-22 Maintain AA- - Stable -
19 JS Bank Limited | PPTFC | Dec-21
Press Release | Report | History
Banks Debt Instrument 24-Jun-22 Maintain A+ - Stable -
20 JS Bank Limited | TFC II
Press Release | Report | History
Banks Debt Instrument 24-Jun-22 Maintain A+ - Stable -
21 The Bank of Punjab | Tier 2 | TFC-III | TBI
Press Release | Report | History
Banks Debt Instrument 21-Jun-22 Preliminary AA - Stable -
22 Lucky Electric Power Company Limited | PPSTS-2 | Jun-22
Press Release | Report | History
Energy Debt Instrument 14-Jun-22 Preliminary AA A1+ Stable -
23 TPL Trakker Limited | Sukuk
Press Release | Report | History
Logistics Debt Instrument 07-Jun-22 Maintain A+ - Stable -
24 Hub Power Holdings Limited | Sukuk
Press Release | Report | History
Holding Company Debt Instrument 03-Jun-22 Maintain AA+ - Stable -
25 China Power Hub Generation Company (Pvt.) Limited | PPSTS | PKR 8bln | Jul-22
Press Release | Report | History
Energy Debt Instrument 27-May-22 Preliminary AA+ A1+ Stable -
26 Berger Paints Pakistan Limited | PP Sukuk | Sep -21
Press Release | Report | History
Pharma and Chemicals Debt Instrument 27-May-22 Initial A - Stable -
27 K-Electric | PPSTS-7 | TBI
Press Release | Report | History
Energy Debt Instrument 25-May-22 Preliminary AA A1+ Stable -
28 Khushhali Microfinance Bank Limited | PPTFC | TBI
Press Release | Report | History
Banks Debt Instrument 24-May-22 Preliminary A- - Stable -
29 WAPDA Dasu Sukuk-C
Press Release | Report | History
Energy Debt Instrument 20-May-22 Preliminary AAA - Stable -
30 WAPDA Dasu TFC-C
Press Release | Report | History
Energy Debt Instrument 20-May-22 Preliminary AAA - Stable -
31 Samba Bank Limited | PPTFC
Press Release | Report | History
Banks Debt Instrument 20-May-22 Maintain AA- - Stable -
32 Lucky Electric Power Company Limited | PPSTS | Apr-22
Press Release | Report | History
Energy Debt Instrument 18-May-22 Initial AA A1+ Stable -
33 K-Electric | PPSTS-4 | Mar-22
Press Release | Report | History
Energy Debt Instrument 18-May-22 Initial AA A1+ Stable -
34 K-Electric | PPSTS-5 | Apr-22
Press Release | Report | History
Energy Debt Instrument 18-May-22 Initial AA A1+ Stable -
35 Mobilink Microfinance Bank Limited | PPTFC | TBI
Press Release | Report | History
Banks Debt Instrument 16-May-22 Preliminary A- - Stable -
36 China Power Hub Generation Company (Pvt.) Limited | PPCP | Apr-22
Press Release | Report | History
Energy Debt Instrument 29-Apr-22 Initial AA+ A1+ Stable -
37 Lucky Electric Power Company Limited | PPCP | TBI
Press Release | Report | History
Energy Debt Instrument 29-Apr-22 Preliminary AA A1+ Stable -
38 Mughal Iron & Steel Industries Limited | PP Sukuk
Press Release | Report | History
Infrastructure Debt Instrument 28-Apr-22 Maintain A+ - Stable -
39 K-Electric | PPSTS-6 | Apr-22
Press Release | Report | History
Energy Debt Instrument 26-Apr-22 Preliminary AA A1+ Stable -
40 The Hub Power Company Limited | PPSTS | 4.5bln | Apr-22
Press Release | Report | History
Energy Debt Instrument 22-Apr-22 Preliminary AA+ A1+ Stable -
41 The Hub Power Company Limited | Sukuk
Press Release | Report | History
Energy Debt Instrument 15-Apr-22 Maintain AA+ - Stable -
42 Pakistan Mortgage Refinance Company Limited | PP Sukuk
Press Release | Report | History
Development Institutions Debt Instrument 15-Apr-22 Maintain AAA - Stable -
43 K-Electric | PPSTS-1 | Feb-22
Press Release | Report | History
Energy Debt Instrument 08-Apr-22 Maintain AA A1+ Stable -
44 K-Electric | PPSTS-2 | Feb-22
Press Release | Report | History
Energy Debt Instrument 08-Apr-22 Initial AA A1+ Stable -
45 K-Electric | PPSTS-3 | Feb-22
Press Release | Report | History
Energy Debt Instrument 08-Apr-22 Initial AA A1+ Stable -
46 Pakistan Services Limited | Sukuk | Mar-18
Press Release | Report | History
Consumers Goods & Services Debt Instrument 24-Mar-22 Maintain A - Developing Yes
47 Lucky Electric Power Company Limited | ICP-2 | Jan-22
Press Release | Report | History
Energy Debt Instrument 16-Mar-22 Initial AA- A1 Stable -
48 Pak Elektron Limited I PPCP I 1.2bln
Press Release | Report | History
Consumers Goods & Services Debt Instrument 16-Mar-22 Initial A+ A1 Stable -
49 OLP Financial Services Pakistan Limited | PPTFC (Formerly ORIX Leasing Pakistan Limited | PPTFC)
Press Release | Report | History
Non Banking Financial Institutes Debt Instrument 08-Mar-22 Initial AA+ - Stable -
50 Gas & Oil Pakistan Limited | PP Sukuk
Press Release | Report | History
Energy Debt Instrument 04-Mar-22 Initial AA- - Stable -
51 Bank Alfalah Limited | TFCs | Series A
Press Release | Report | History
Banks Debt Instrument 16-Feb-22 Maintain AAA - Stable -
52 Mughal Iron & Steel Industries Limited | PP Sukuk | PKR 5bln | TBI
Press Release | Report | History
Infrastructure Debt Instrument 25-Jan-22 Preliminary AA- - Stable -
53 The Bank of Punjab | Additional Tier 1 Capital TFC | Jun-22
Press Release | Report | History
Banks Debt Instrument 07-Jan-22 Preliminary AA- - Stable -
54 OILCO Petroleum (Pvt.) Limited | PP Sukuk | TBI
Press Release | Report | History
Energy Debt Instrument 29-Dec-21 Preliminary A+ - Stable -
55 Pak Elektron Limited | PP Sukuk
Press Release | Report | History
Consumers Goods & Services Debt Instrument 27-Dec-21 Initial A+ A1 Stable -
56 Cnergyico Pk Limited | PP Sukuk | TBI
Press Release | Report | History
Energy Debt Instrument 27-Dec-21 Preliminary A - Stable -
57 U Microfinance Bank Limited | TFC | TBI
Press Release | Report | History
Banks Debt Instrument 20-Dec-21 Preliminary AA- - Stable -
58 WAPDA | Sukuk | May-17
Press Release | Report | History
Energy Debt Instrument 17-Dec-21 Maintain AAA - Stable -
59 WAPDA | PPTFC | May-17
Press Release | Report | History
Energy Debt Instrument 17-Dec-21 Maintain AAA - Stable -
60 Byco Petroleum Pakistan Limited | Sukuk | Jan-17
Press Release | Report | History
Energy Debt Instrument 26-Nov-21 Maintain AAA - Stable -
61 WAPDA Dasu Sukuk-B
Press Release | Report | History
Energy Debt Instrument 23-Nov-21 Initial AAA - Stable -
62 WAPDA Dasu TFC-B
Press Release | Report | History
Energy Debt Instrument 18-Nov-21 Initial AAA - Stable -
63 AGP Limited | Sukuk | Jun-17
Press Release | Report | History
Pharma and Chemicals Debt Instrument 26-Oct-21 Maintain A+ - Stable -
64 NRSP Microfinance Bank Limited | Tier II TFC
Press Release | Report | History
Banks Debt Instrument 27-Sep-21 Initial A- - Stable -
65 Kashf Foundation | PPTFC
Press Release | Report | History
Banks Debt Instrument 25-Sep-21 Maintain A - Stable Yes
66 The Hub Power Company Limited | PP Sukuk
Press Release | Report | History
Energy Debt Instrument 27-Aug-21 Maintain AA+ - Stable -
67 Engro PowerGen Thar (Private) Limited | PP Sukuk
Press Release | Report | History
Energy Debt Instrument 27-Aug-21 Maintain A - Stable -
68 U Microfinance Bank Limited | TFC
Press Release | Report | History
Banks Debt Instrument 18-Aug-21 Initial AA- - Stable -
69 Ghani Chemical Industries Limited | Sukuk | Feb-17
Press Release | Report | History
Pharma and Chemicals Debt Instrument 11-Aug-21 Upgrade A - Stable -
70 Jahangir Siddiqui & Co. Ltd. | TFC X | Jul-17
Press Release | Report | History
Holding Company Debt Instrument 05-Aug-21 Maintain AA+ - Stable -
71 Jahangir Siddiqui & Co. Ltd. | TFC XI | Mar-18
Press Release | Report | History
Holding Company Debt Instrument 05-Aug-21 Maintain AA+ - Stable -