Corporates

Auto & Allied

Name Date Rating Type Long Term Short Term Outlook Action
Al-Ghazi Tractors Ltd. 12/31/2019 Entity A A-1 Stable Reaffirmed
Automobile Corporation of Pakistan (Pvt.) Limited 7/25/2019 Entity BBB A-2 Stable Initial
Indus Motor Company Ltd 6/17/2019 Entity AA+ A-1+ Stable Initial
Master Motor Corporation (Pvt) Limited 8/26/2019 Entity A- A-2 Stable Reaffirmed
Thal Limited 12/12/2019 Entity AA A-1+ Stable Reaffirmed