Financial Institutions

Brokerage & Securities Firms

Name Date Sector Long Term Short Term Outlook Action
Adam Securities Limited 10/12/2021 BFR BFR3++ Stable Initial
AKD Securities Limited 12/27/2021 BFR BFR2++ Stable Initial
DJM Securities Limited 9/24/2021 BFR BFR3 Stable Initial
FDM Capital Securities (Pvt) Ltd 8/5/2021 BFR BFR3 Stable Initial
Fortune Securities Limited 9/30/2021 BFR BFR3 Stable Initial
MRA Securities Limited 10/18/2021 BFR BFR3+ Stable Initial
Muhammad Munir Muhammad Ahmed Khanani Securities Limited 11/19/2021 BFR BFR2 Stable Initial
Taurus Securities Limited 9/15/2021 BFR BFR3 Stable Initial
Topline Securities Limited 9/27/2021 BFR BFR2 Stable Initial