Press Release

VIS Withdraws Entity Ratings of Telenor Microfinance Bank Limited

Karachi, February 22, 2023: VIS Credit Rating Company Limited (VIS) has withdrawn entity ratings of ‘A/A-1’ (Single A /A-One) assigned to Telenor Microfinance Bank Limited (‘TMB’ or ‘the Bank’) with immediate effect, on account of management’s decision to discontinue the rating. The previous rating action was announced on April 30, 2022.


For further information on this rating announcement, please contact the undersigned (Ext: 201) or Ms. Maham Qasim (Ext: 8010) at 042-35723411-13 (4 lines) or fax to 021-35311873.






Javed Callea
Advisor

Applicable Rating Criteria: Microfinance Banks (June 2019)
https://docs.vis.com.pk/docs/Micro%20Finance%20201906.pdf

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