Rating History: HBL- Asset Management Limited
| Company Name | Date | Rating Type | Long Term | Short Term | Outlook/Rating Watch | Action | 
|---|---|---|---|---|---|---|
| 
                                    HBL- Asset Management Limited
                                    
                                 | 12/31/2024 | Management Quality | AM1 | Stable | Reaffirmed | |
| 
                                    HBL- Asset Management Limited
                                    
                                 | 12/29/2023 | Management Quality | AM1 | Stable | Reaffirmed | |
| 
                                    HBL- Asset Management Limited
                                    
                                 | 12/30/2022 | Management Quality | AM1 | Stable | Upgrade | |
| 
                                    HBL- Asset Management Limited
                                    
                                 | 12/31/2021 | Management Quality | AM2++ | Positive | Maintained | |
| 
                                    HBL- Asset Management Limited
                                    
                                 | 12/31/2020 | Management Quality | AM2++ | Stable | Upgrade | |
| 
                                    HBL- Asset Management Limited
                                    
                                 | 12/31/2019 | Management Quality | AM2+ | Positive | Reaffirmed | |
| 
                                    HBL- Asset Management Limited
                                    
                                 | 12/28/2018 | Management Quality | AM2+ | Positive | Maintained | |
| 
                                    HBL- Asset Management Limited
                                    
                                 | 12/29/2017 | Management Quality | AM2+ | Stable | Upgrade | |
| 
                                    HBL- Asset Management Limited
                                    
                                 | 12/29/2016 | Management Quality | AM2 | Positive | Maintained | |
| 
                                    HBL- Asset Management Limited
                                    
                                 | 05/04/2016 | Management Quality | AM2 | Stable | Harmonised | |
| 
                                    HBL- Asset Management Limited
                                    
                                 | 01/14/2016 | Management Quality | AM2- | Stable | Reaffirmed | |
| 
                                    HBL- Asset Management Limited
                                    
                                 | 03/13/2015 | Management Quality | AM2- | Stable | Reaffirmed | |
| 
                                    HBL- Asset Management Limited
                                    
                                 | 10/21/2013 | Management Quality | AM2- | Stable | Upgrade | |
| 
                                    HBL- Asset Management Limited
                                    
                                 | 12/26/2012 | Management Quality | AM3+ | Positive | Reaffirmed | |
| 
                                    HBL- Asset Management Limited
                                    
                                 | 10/20/2011 | Management Quality | AM3+ | Positive | Maintained | |
| 
                                    HBL- Asset Management Limited
                                    
                                 | 04/01/2010 | Management Quality | AM3+ | Stable | Upgrade | |
| 
                                    HBL- Asset Management Limited
                                    
                                 | 02/06/2009 | Management Quality | AM3 | Reaffirmed | ||
| 
                                    HBL- Asset Management Limited
                                    
                                 | 03/14/2008 | Management Quality | AM3 | Initial |