Name Date Rating Type Long Term Short Term Outlook Action
Dolmen City REIT 9/17/2018 REIT Rating RR1    Reaffirmed
AA Spinning Mills Limited 9/17/2018 Entity A-    A-2 Stable Initial
Arif Habib Dolmen REIT Management Limited 9/17/2018 Management Quality AM2 (RMC)    Stable Reaffirmed
Avari Hotels Limited 9/17/2018 TFC-3 AA    Stable Preliminary
IGI General Insurance Limited 9/13/2018 IFS AA    Stable Initial
Bunny's Limited 9/11/2018 Entity A-    A-2 Stable Reaffirmed
United Bank Limited 9/6/2018 TFC-5 AA+    Stable Final
Pakistan Cables Limited 9/4/2018 Entity A    A-1 Stable Initial
Pak-Qatar General Takaful Limited 8/27/2018 IFS A-    Stable Reaffirmed
Agha Steel Industries 8/24/2018 Sukuk 1 A+    Stable Final
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.