KARACHI: JCR-VIS Credit Rating Company Limited has once again re-affirmed the entity rating of ‘A/A-2’ for HBFCL.

The ratings incorporate the shareholding structure of HBFCL jointly held 62.5 per cent by the government of Pakistan and indirect stake of 37.5 per cent by the State Bank of Pakistan. SBP is both shareholder and major lender of HBFC, says a press release.