China Chengxin International Credit Rating Co.Ltd CCXI:    Press Release    |    COUNTRY RISK REPORT ALONG THE BELT AND ROAD (2022)


Name Date Rating Type Long Term Short Term Outlook/Rating Watch Action
Jubilee Life Insurance Company Limited 2/10/2025 IFS
AA++ (IFS) Very Strong.Very Strong capacity to meet policy holders and contract obligations. Risk factors are very low, and the impact of any adverse business and economic factors is expected to be very small.
Stable Reaffirmed
Next Capital Limited 2/10/2025 BMR
BMR2++ Sound regulatory compliance, control environment, and financial management; governance and risk management frameworks are effective; HR, IT, and customer services are proactive.
Stable Reaffirmed
Dolmen (Pvt) Limited 2/10/2025 Entity
A- Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A2 Good likelihood of timely repayment of short-term obligations with sound short-term liquidity factors
Stable Reaffirmed
TS Securities (Pvt) Limited 2/10/2025 BFR
BFR3 Good fiduciary standards
Stable Initial
Millac Food (Pvt) Limited 2/6/2025 Entity
A- Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A2 Good likelihood of timely repayment of short-term obligations with sound short-term liquidity factors
Stable Initial
Meezan Sovereign Fund 2/6/2025 Fund Stability
AA(f) High degree of stability in Net Asset Value; Risk is modest but may vary slightly from time to time because of changing economic conditions.
Reaffirmed
K-Electric Limited 2/6/2025 STS-27
Matured
Faisal Spinning Mills Ltd 2/6/2025 Entity
A Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A1 Strong likelihood of timely repayment of short-term obligations with excellent liquidity factors
Stable Reaffirmed
Blessed Textiles Ltd 2/6/2025 Entity
A Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A1 Strong likelihood of timely repayment of short-term obligations with excellent liquidity factors
Stable Reaffirmed
Jubilee General Insurance Company Limited 2/4/2025 IFS
AA++ (IFS) Very Strong.Very Strong capacity to meet policy holders and contract obligations. Risk factors are very low, and the impact of any adverse business and economic factors is expected to be very small.
Stable Reaffirmed