KARACHI, Feb 22: JCR-VIS Credit Rating Co Ltd (JCR-VIS) has reaffirmed the medium to long-term entity rating of SME Bank Limited at BBB with a ‘stable' outlook. The short-term rating has also been reaffirmed at A-2.

Meanwhile, the JCR-VIS revised the entity ratings of Asian Housing Finance Limited from 'BBB-/A-3' to ‘BB+/B'.

Outlook on the medium to long term rating has been revised from ‘stable' to ‘negative'.—APP