Rating by JCR-VIS:
JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the entity ratings of Faysal Bank Limited (FBL) at ‘AA/A-1+’ (Double A/A-One Plus). Ratings of the unsecured, subordinated term finance certificates of FBL have also been reaffirmed at ‘AA-’ (Double A Minus). Outlook on the outstanding ratings is ‘Stable’.
The ratings of the bank were issued on June 29, 2106 by JCR-VIS Credit Rating Company.
Rating by PACRA:
The Pakistan Credit Rating Agency Limited (PACRA) has maintained the long-term and the short-term entity ratings of Faysal Bank at “AA” (Double A) and “A1+” (A One plus), respectively. These ratings denote a very low expectation of credit risk emanating from a very strong capacity for timely payment of financial commitments. Outlook on the outstanding ratings is ‘Stable’.
The ratings of the bank were issued on June 22, 2016 by PACRA.