July 05, 2006	Wednesday	Jumadi-ul-Sani 8, 1427

KARACHI, July 4: The Pakistan Credit Rating Agency (PACRA) has maintained the long-term and short-term entity ratings of Bank AL Habib Limited (BAHL) at “AA” (double A) and “A1+” (A one plus), respectively.

The rating of the unsecured, subordinated TFC issue of Rs1.350 billion has also been maintained at “AA-” (double A minus).

The ratings denote a very low expectation of credit risk emanating from a very strong capacity for timely payment of financial commitments, says a press release.