Name Date Rating Type Long Term Short Term Outlook Action
International Brands Limited 7/20/2017 Entity A    A-2 Stable Initial
International Brands Limited 7/19/2017 Sukuk 1 AA    Stable Preliminary
Topline Securities Limited (Formerly Topline Securities Pvt. Limited) 7/19/2017 Entity A-    A-2 Stable Reaffirmed
Power Cement Ltd 7/10/2017 BLR A (blr)    Preliminary
Power Cement Ltd 7/10/2017 Entity A-    A-2 Stable Initial
Omar Jibran Engineering Industries Limited 7/6/2017 Entity A-    A-2 Stable Initial
Crescent Steel & Allied Products Limited 7/3/2017 CP    A-2 Preliminary
Crescent Steel & Allied Products Limited 7/3/2017 Entity A+    A-2 Stable Initial
Summit Bank Limited 6/30/2017 Entity A-    A-1 Rating Watch - Developing Maintained
Summit Bank Limited 6/30/2017 TFC-1 A- (SO)    Rating Watch - Developing Maintained
Rating Process
In order to provide independent evaluations of their credit-worthiness or the credit risk of their debt issue, an entity may choose to have a credit rating assigned to themselves. A step-by-step process is followed to fully assess the issuer’s credit quality and arrive at a rating.Read More
Understanding Ratings
A credit rating is an assessment of the ability and willingness of an entity to fulfill its financial commitments. It is a measure of the credit worthiness of an issuer and can be used by investors to help make investment decisions when comparing different issuers and debt issues.