Financial Institutions

Micro Finance
Name Date Rating Type Long Term Short Term Outlook/Rating Watch Action
CSC Empowerment & Inclusion Programme (MFI) 2/22/2024 Entity BBB- A3 Stable Initial
FINCA Microfinance Bank Limited 4/30/2024 Entity A- A2 Rating Watch - Developing Maintained
Halan Microfinance Bank Limited (Formerly: Advans Pakistan Microfinance Bank Ltd) 4/30/2024 Entity BBB A3 Positive Maintained
HBL Microfinance Bank Limited (Formerly:The First MicroFinanceBank Limited) 4/30/2024 Entity A+ A1 Stable Reaffirmed
Khushhali Microfinance Bank Limited 5/30/2024 Entity A- A2 Rating Watch - Negative Reaffirmed
Khushhali Microfinance Bank Limited 5/30/2024 TFC-1 B Negative Maintained
Khushhali Microfinance Bank Limited 5/30/2024 TFC-2 B Negative Maintained
LOLC Microfinance Bank Limited (Formerly: Pak Oman Microfinance Bank Limited) 5/7/2024 Entity A- A2 Stable Maintained
Mobilink Microfinance Bank Limited 5/7/2024 Entity A A1 Stable Reaffirmed
NRSP Micro Finance Bank Ltd 5/6/2024 Entity A- A2 Stable Upgrade
U Microfinance Bank Limited 6/10/2024 TFC-2 A- Stable Reaffirmed
U Microfinance Bank Limited 6/10/2024 Entity A+ A1 Stable Reaffirmed