Financial Institutions

Micro Finance

Name Date Rating Type Long Term Short Term Outlook Action
Advans Pakistan Microfinance Bank Ltd 4/29/2021 Entity BBB+ A-3 Stable Maintained
ASA Pakistan Limited 4/29/2021 Entity BBB+ A-3 Stable Maintained
FINCA Microfinance Bank Limited 4/30/2021 Entity A A-1 Rating Watch - Developing Reaffirmed
Khushhali Microfinance Bank Limited 4/30/2021 Entity A+ A-1 Rating Watch - Developing Reaffirmed
Khushhali Microfinance Bank Limited 4/30/2021 TFC-1 A Rating Watch - Developing Reaffirmed
Khushhali Microfinance Bank Limited 4/30/2021 TFC-2 A Rating Watch - Developing Reaffirmed
NRSP Micro Finance Bank Ltd 4/29/2021 Entity A A-1 Rating Watch - Developing Maintained
Pak Oman Microfinance Bank Limited 4/30/2021 Entity A- A-2 Rating Watch - Developing Maintained
Rural Community Development Programs 4/29/2021 Entity BBB A-3 Rating Watch - Developing Maintained
Telenor Microfinance Bank Limited 4/30/2021 Entity A A-1 Negative Downgrade
The First MicroFinanceBank Limited 4/30/2021 Entity A+ A-1 Rating Watch - Developing Reaffirmed
U Microfinance Bank Limited 4/29/2021 Entity A+ A-1 Stable Upgrade
U Microfinance Bank Limited 4/29/2021 TFC-1 A Stable Upgrade