Name Date Rating Type Long Term Short Term Outlook Action
Foundation Securities Private Limited 7/10/2019 BMR BMR2    Stable Reaffirmed
Quaid-e-Azam Thermal Power (Pvt.) Limited 7/4/2019 Entity AA    A-1+ Stable Reaffirmed
Allianz EFU Health Insurance Limited 7/3/2019 IFS A    Stable Downgrade
Akram Cotton Mills Limited 7/3/2019 Entity BBB-    A-2 Stable Initial
Bank Alfalah Ltd. 7/2/2019 TFC-1 AA-    Stable Reaffirmed
Bank Alfalah Ltd. 7/2/2019 Entity AA+    A-1+ Stable Reaffirmed
Faisalabad Oil Refinery (Pvt) Limited 6/28/2019 Entity BBB+    A-2 Stable Reaffirmed
Foundation Wind Energy - II Limited 6/28/2019 Entity A+    A-1 Stable Reaffirmed
Foundation Wind Energy I Limited 6/28/2019 Entity A+    A-1 Stable Reaffirmed
Alpha Insurance Company Limited 6/28/2019 IFS A    Negative Maintained

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