Financial Institutions

DFIs

Name Date Rating Type Long Term Short Term Outlook Action
House Building Finance Company Limited 6/7/2023 Entity
AA- Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-1+ Stable Upgrade
Pak Brunei Investment Company Limited 6/27/2023 Entity
AA+ High credit quality; Protection factors are strong. Risk is modest but may vary slightly from time to time because of economic conditions.
A-1+ Stable Reaffirmed
Pak China Investment Company Limited 6/26/2023 Entity
AAA Highest credit quality; the risk factors are negligible, being only slightly more than for risk-free Government of Pakistan’s debt.
A-1+ Stable Reaffirmed
Pak Oman Investment Company Limited 6/22/2023 Entity
AA+ High credit quality; Protection factors are strong. Risk is modest but may vary slightly from time to time because of economic conditions.
A-1+ Stable Reaffirmed
Pakistan Mortgage Refinance Company 4/14/2023 Entity
AAA Highest credit quality; the risk factors are negligible, being only slightly more than for risk-free Government of Pakistan’s debt.
A-1+ Stable Reaffirmed
Saudi Pak Industrial and Agricultural Investment Company Limited 6/23/2023 Entity
AA+ High credit quality; Protection factors are strong. Risk is modest but may vary slightly from time to time because of economic conditions.
A-1+ Stable Reaffirmed
Zarai Taraqiati Bank Limited 6/22/2023 Entity
AAA Highest credit quality; the risk factors are negligible, being only slightly more than for risk-free Government of Pakistan’s debt.
A-1+ Stable Reaffirmed