Rating Agency:

The Pakistan Credit Rating Agency (PACRA)

Ratings:

Long Term: “AA-” (Double A minus)
Short Term: “A1+” (A one plus)
TFC III: “A+” (Single A plus)
Additional Tier – 1 TFC: A (Single A)

These ratings denote a very low expectation of credit risk emanating from a very strong capacity for timely payment of financial commitments.

Rating Update: June 2023
Rating Action: Maintained
PACRA Website: www.pacra.com