Name Date Rating Type Long Term Short Term Outlook Action
House Building Finance Company Limited 5/14/2018 Entity A    A-1 Stable Reaffirmed
Artistic Denim Mills Ltd 5/7/2018 Entity A-    A-1 Stable Initial
The First MicroFinanceBank Limited 4/30/2018 Entity A+    A-1 Stable Reaffirmed
Pak Oman Microfinance Bank Limited 4/27/2018 Entity A-    A-2 Stable Reaffirmed
Telenor Microfinance Bank Limited (Formerly Tameer Micro Finance Bank Ltd). 4/27/2018 Entity A+    A-1 Rating Watch - Developing Maintained
U Microfinance Bank Limited 4/27/2018 TFC-1 A-    Stable Upgrade
U Microfinance Bank Limited 4/27/2018 Entity A    A-2 Stable Upgrade
NRSP Micro Finance Bank Ltd 4/27/2018 TFC-1 A    Stable Reaffirmed
NRSP Micro Finance Bank Ltd 4/27/2018 Entity A    A-1 Stable Reaffirmed
Khushhali Microfinance Bank Limited 4/26/2018 TFC-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.