Name Date Rating Type Long Term Short Term Outlook Action
Meezan Bank Limited 8/20/2018 Sukuk 2 AA-    Stable Final
Askari Cement Limited 8/20/2018 Entity A    A-1 Stable Initial
UBL Insurers Limited 8/20/2018 IFS AA-    Stable Reaffirmed
ASA Pakistan Limited 8/16/2018 Entity BBB+    A-3 Stable Reaffirmed
Foundation Wind Energy I Limited 8/7/2018 Entity A+    A-1 Stable Reaffirmed
Shaheen Air International Limited 8/6/2018 Entity BB+    B Negative Downgrade
Indus Dyeing & Manufacturing Co Limited 7/31/2018 Entity A+    A-1 Stable Reaffirmed
FFBL Power Company Ltd 7/26/2018 Entity AA-    A-1 Stable Initial
Premium Textile Mills Limited 7/19/2018 Entity BBB+    A-2 Stable Initial
Engro Polymer & Chemicals Ltd. 7/19/2018 Entity AA-    A-1+ Stable Initial
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.