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PACRA Rating

Askari Bank has the following Entity Ratings from the Pakistan Credit Rating Agency Limited (PACRA):

Short Term A1+
Long Term AA  

Definitions By PACRA:

A1+: Obligations supported by the highest capacity for timely repayment.

AA: Denote a very low expectation of credit risk. they indicate very strong capacity for timely payment of financial commitments. This capacity is not significantly vulnerable to foreseeable events.
A plus (+) appended to a rating, denotes relative status within major rating categories.

 

 

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