Rating History: HBL Microfinance Bank Limited
| Company Name | Date | Rating Type | Long Term | Short Term | Outlook/Rating Watch | Action | 
|---|---|---|---|---|---|---|
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 04/30/2025 | Entity | A+ | A1 | Stable | Reaffirmed | 
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 04/30/2024 | Entity | A+ | A1 | Stable | Reaffirmed | 
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 04/28/2023 | Entity | A+ | A1 | Stable | Reaffirmed | 
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 04/30/2022 | Entity | A+ | A1 | Stable | Maintained | 
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 04/30/2021 | Entity | A+ | A1 | Rating Watch - Developing | Reaffirmed | 
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 04/30/2020 | Entity | A+ | A1 | Rating Watch - Developing | Maintained | 
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 03/25/2019 | Entity | A+ | A1 | Stable | Reaffirmed | 
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 04/30/2018 | Entity | A+ | A1 | Stable | Reaffirmed | 
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 10/31/2017 | Entity | A+ | A1 | Stable | Reaffirmed | 
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 04/28/2017 | Entity | A+ | A1 | Stable | Reaffirmed | 
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 04/28/2016 | Entity | A+ | A1 | Stable | Upgrade | 
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 04/29/2015 | Entity | A | A1 | Positive | Maintained | 
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 04/29/2014 | Entity | A | A1 | Stable | Reaffirmed | 
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 04/30/2013 | Entity | A | A1 | Stable | Reaffirmed | 
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 04/30/2012 | Entity | A | A1 | Stable | Downgrade | 
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 04/28/2011 | Entity | A+ | A1 | Rating Watch - Positive | Reaffirmed | 
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 09/06/2010 | Entity | A+ | A1 | Rating Watch-Developing | |
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 04/29/2010 | Entity | A+ | A1 | Stable | Reaffirmed | 
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 04/30/2009 | Entity | A+ | A1 | Stable | Reaffirmed | 
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 04/30/2008 | Entity | A+ | A1 | Stable | Maintained | 
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 04/25/2007 | Entity | A+ | A1+ | Stable | Reaffirmed | 
| 
                                    HBL Microfinance Bank Limited
                                    
                                 | 04/28/2006 | Entity | A+ | A1+ | Stable | Reaffirmed |