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LAHORE, June 30: JCR-VIS Credit Rating Company Limited has reaffirmed credit ratings of Zarai Taraqiati Bank Limited (ZTBL) at AAA/A-1+ with stable outlook.
According to analysts, the AAA/A-1+ ratings of ZTBL were based on the federal government guarantee for timely repayment of credit lines obtained from the State Bank of Pakistan (SBP).
Metropolitan Bank: The Pakistan Credit Rating Agency (PACRA) has maintained both long-term and short-term ratings of Metropolitan Bank Limited at ‘AA+’ and ‘A1+’ respectively.
These ratings denote a low expectation of credit risk emanating from a strong capacity for timely payment of financial commitments.—APP
