JCR-VIS Assigns Entity Ratings To Bank Alfalah Limited

Mohammad Ali (@ChaudhryMAli88) Published February 14, 2017 | 01:00 PM

JCR-VIS assigns Entity ratings to Bank Alfalah Limited

KARACHI, (UrduPoint / Pakistan Point News - 14th Feb, 2017 ) : JCR-VIS Credit Rating Company Limited (JCR-VIS) has assigned initial entity ratings of "AA+/A-1+' (Double A Plus/A-One Plus) to bank Alfalah Limited (BAFL).

The outlook on the assigned ratings is "Stable', said a news release of the company here on Tuesday.

The assigned ratings reflect the Bank's diversified operations, healthy financial risk profile, strong sponsors and existing market presence. The bank has exhibited sustained improvement across key performance areas including asset quality, liquidity, capitalization and profitability.

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