Ratings that Matter

Faheem Ahmad

Founder VIS Group

President & CEO

VIS Credit Rating Company Limited


Ambassador For International Relations

Vice-Chairman (2019-)

Chairman (2013-2017)

Association of Credit Rating Agencies in Asia


President - Strategic

Planning and Global Relationships

Islamic International Rating Agency

VIS Assigns Initial Entity Ratings of A/A-1 to Maple Leaf Cement Factory Limited VIS assigns Initial Ratings to Nishat Chunian Power Limited VIS Credit Rating Company Reaffirms Entity Ratings of Soorty Enterprises (Private) Limited VIS Reaffirm Entity Ratings of Al-Noor Sugar Mills Limited VIS Reaffirm Entity Ratings of Shahmurad Sugar Mills Limited VIS Reaffirms Broker Management Rating of BIPL Securities Limited VIS Reaffirms Broker Management Rating of BMA Capital Management Limited VIS Reaffirms Corporate Governance Rating of Allied Bank Limited at CGR-9+ VIS Reaffirms Entity Ratings of Pakistan Mortgage Refinance Company Limited (PMRC) VIS Reaffirms Entity Ratings of Siara Textile Mills (Pvt.) Limited

International Collaborations:    Japan Credit Rating Agency, Ltd   |    China Chengxin International Credit Rating Co., Ltd

Name Date Rating Type Long Term Short Term Outlook Action
Nishat Chunian Power Limited 4/6/2020 Entity A+    A-2 Stable Initial
Pakistan Mortgage Refinance Company 4/6/2020 Entity AAA    A-1+ Stable Reaffirmed
Allied Bank of Pakistan Limited - CGR 4/2/2020 CGR GR 9+    Reaffirmed
Maple Leaf Cement Factory Ltd 4/2/2020 Entity A    A-1 Stable Initial
Shahmurad Sugar Mills Ltd 4/2/2020 Entity A-    A-2 Stable Reaffirmed
BIPL Securities Limited 3/31/2020 BMR BMR2+    Stable Reaffirmed
Al-Noor Sugar Mills Ltd. 3/30/2020 Entity A-    A-2 Stable Reaffirmed
BMA Capital Management Limited 3/27/2020 BMR BMR2+    Stable Reaffirmed
Siara Textile Mills (Pvt.) Limited 3/26/2020 Entity BBB-    A-2 Stable Reaffirmed
Soorty Enterprises (Pvt) Limited 3/25/2020 Entity AA-    A-1 Stable Reaffirmed
See All  

Informed Investment Decision Making Along CPEC