Press Release

VIS Suspends Entity Ratings of BMA Capital Management Limited

Karachi, October 08, 2021: VIS Credit Rating Company Ltd. (VIS) has suspended the entity ratings of ‘A-/A-2’ (Single A Minus/A-Two) assigned to BMA Capital Management Limited (BMA), with immediate effect, due to non-availability of information for rating analysis. The ratings will be reassessed as and when the required information is available. Previous rating action was announced on May 12, 2020.

For further information on this rating announcement, please contact the undersigned (Ext: 201) or Mr. Muhammad Tabish (Ext: 204) at 021-35311861-71 or fax to 021-35311872-3.




Javed Callea
Advisor

Applicable rating criteria: Methodology - Securities Firms Rating (July 2020)
https://s3-us-west-2.amazonaws.com/backupsqlvis/docs/SecuritiesFirm202007.pdf

Information herein was obtained from sources believed to be accurate and reliable; however, VIS Credit Rating Company Limited (VIS) does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. VIS, the analysts involved in the rating process and members of its rating committee do not have any conflict of interest relating to the rating(s)/ranking(s) mentioned in this report. VIS is paid a fee for most rating assignments. This rating/ranking is an opinion and is not a recommendation to buy or sell any securities. Copyright October 08, 2021 VIS Credit Rating Company Limited. All rights reserved. Contents may be used by news media with credit to VIS.