Name Date Rating Type Long Term Short Term Outlook Action
AKD Securities Limited 1/19/2018 Entity A    A-2 Stable Reaffirmed
Bank Alfalah Ltd. 1/17/2018 TFC-1 AA-    Stable Final
ABL Government Securities Fund 1/16/2018 Fund Stability A(f)    Reaffirmed
ABL Islamic Income Fund 1/16/2018 Fund Stability A(f)    Reaffirmed
ABL Income Fund 1/16/2018 Fund Stability A(f)    Reaffirmed
ABL Cash Fund 1/16/2018 Fund Stability AA(f)    Reaffirmed
HBL Government Securities Fund (Formerly PICIC Income Fund) 1/15/2018 Fund Stability A+(f)    Upgrade
First Habib Cash Fund 1/15/2018 Fund Stability AA(f)    Reaffirmed
Allied Bank of Pakistan Limited - CGR 1/11/2018 CGR CGR 9+    Reaffirmed
Pakistan General Insurance Company Limited 1/10/2018 IFS    Suspended
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.