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| May 16, 2007 | Wednesday | Rabi-us-Sani 28, 1428 |
Rating
KARACHI, May 15: The Pakistan Credit Rating Agency (PACRA) has maintained the rating of First Habib Modaraba (FHM) at”AA” (Double A) and “A1+ (A one plus) for long-term and short-term, respectively, says a press release.
“A1+” is the highest short-term ranking on PACRA’s ratings, which indicates a very low expectation of credit risk emanating from very strong capacity for timely payment of financial commitment.
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