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KARACHI, Dec 21: JCR-VIS Credit Rating Company Ltd. has reaffirmed the medium to long-term entity rating of Escorts Investment Bank Limited (EIBL) at ‘A’ (Single A). Short-term rating has also been reaffirmed at ‘A-1 (A One). JCR-VIS Credit Rating Company Ltd. has also finalised the rating of ‘A+’ (Single A Plus) assigned to the secured and listed Term Finance Certificates (TFC) proposed to be issued by EIBL. Outlook on the rating is ‘Stable’, says a press release.
