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Entity Ratings

Askari Bank has the following Entity Ratings from the Pakistan Credit Rating Agency Limited (PACRA):

Short Term A1+
Long Term AA

 

Definitions By PACRA:

A1+:

Obligations supported by the highest capacity for timely repayment.

AA:

'AA' ratings denote a very low expectation of credit risk. they indicate very strong capacity for timely payment of financial commitments. This capacity is not significantly vulnerable to foreseeable events.

A plus (+) appended to a rating, denotes relative status within major rating categories.

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