Financial Institutions

Commercial Banks

Name Date Rating Type Long Term Short Term Outlook Action
Al Baraka Bank (Pakistan) Limited 6/28/2019 Entity A+ A-1 Stable Maintained
Al Baraka Bank (Pakistan) Limited 6/28/2019 Sukuk 1 A Stable Maintained
Askari Bank Ltd 6/26/2019 TFC-5 AA- Stable Reaffirmed
Bank Alfalah Ltd. 7/2/2019 TFC-1 AA- Stable Reaffirmed
Bank Alfalah Ltd. 7/2/2019 Entity AA+ A-1+ Stable Reaffirmed
Dubai Islamic Bank Pakistan Ltd 6/28/2019 Sukuk 1 AA- Stable Upgrade
Dubai Islamic Bank Pakistan Ltd 6/28/2019 Entity AA A-1+ Stable Upgrade
Dubai Islamic Bank Pakistan Ltd 6/28/2019 Sukuk 2 A+ Stable Upgrade
Faysal Bank Limited 6/27/2019 Entity AA A-1+ Stable Reaffirmed
Habib Bank Limited 6/28/2019 Entity AAA A-1+ Stable Reaffirmed
Habib Bank Limited 6/28/2019 TFC-2 AA+ Stable Final
Habib Bank Limited 6/28/2019 TFC-1 AAA Stable Reaffirmed
Meezan Bank Limited 6/28/2019 Sukuk 2 AA- Stable Reaffirmed
Meezan Bank Limited 1/21/2020 Sukuk 3 AA Stable Final
Meezan Bank Limited 6/28/2019 Sukuk 1 AA Stable Reaffirmed
Meezan Bank Limited 6/28/2019 Entity AA+ A-1+ Stable Reaffirmed
National Bank of Pakistan 6/28/2019 Entity AAA A-1+ Stable Reaffirmed
Samba Bank Limited 6/24/2019 Entity AA A-1 Stable Reaffirmed
Silk Bank Limited 1/3/2020 Entity A- A-2 Rating Watch - Developing Reaffirmed on Rating Watch
Silk Bank Limited 1/3/2020 TFC-1 BBB+ Rating Watch - Developing Downgrade on Rating Watch
Sindh Bank Ltd 6/28/2019 Entity A+ A-1 Stable Downgrade
Summit Bank Limited 2/1/2019 Entity Suspended
Summit Bank Limited 2/1/2019 TFC-1 D (SO) Default
The Bank of Khyber 6/26/2019 Entity A A-1 Stable Reaffirmed
United Bank Limited 6/28/2019 Entity AAA A-1+ Stable Reaffirmed
United Bank Limited 6/28/2019 TFC-5 AA+ Stable Reaffirmed