Press Release

VIS Withdraws Broker Management Rating of Adam Securities Limited

Karachi, September 29, 2022: VIS Credit Rating Company Ltd. (VIS) has withdrawn Broker Management Rating of ‘BMR2+’ assigned to Adam Securities Limited (ASL) with immediate effect due to non-renewal of rating contract. Previous rating action was announced on February 7, 2022.


For further information on this rating announcement, please contact Ms. Syeda Batool Zehra Zaidi (Ext: 210) or the undersigned (Ext: 306) at (021) 35311861-66 or email at info@vis.com.pk





Faryal Ahmad Faheem
Deputy CEO


Applicable Rating Criteria: Broker Management Ratings 2020
https://docs.vis.com.pk/docs/BMR202007.pdf

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